Errors & Omissions/Professional Liability

Chubb Advantage® Architects and Engineers Professional Liability

  • Coverage for traditional design professional disciplines for numerous perils
  • Supplemental coverages for pre-claims assistance

Design professionals constantly face new risks, from broadened contractual requirements, new technologies, increasing emphasis on sustainability, and more. Reduce your exposures with Chubb’s policy that can be customized to your needs.

Coverage Highlights

Benefits

  • Claims and underwriting excellence
  • Flexible underwriting approach
  • Chubb’s financial excellence

Coverage

Coverage for customary design professional disciplines for numerous perils, including professional negligence, pollution incidents, personal injury, and more

Supplemental coverages for:

  • Pre-claims assistance
  • Insured expense and loss of earning reimbursement
  • Broad professional services definition
  • Innocent insureds coverage
  • Joint venture coverage
  • Predecessor firm coverage
  • Automatic subsidiary coverage up to 90 days
  • Punitive damages with most favorable venue
  • Supplemental coverage for Insured expense reimbursement of $300 per/day
  • No lead or asbestos exclusion

Target Clients

  • Architects
  • Land Surveyors
  • Landscape Architects
  • Construction Managers
  • Interior Designers
  • Land Planners
  • Space Planners
  • Technical Consultants
  • Various Engineering Disciplines

Claims Scenarios

An architectural firm provided complete design and construction oversight services for the construction of a new city hall building. The project ran $24 million over budget and the city brought suit against the design and construction teams alleging design errors and deficiencies accounting for $8 million in specified damages. The case was settled for $5.6 million.

A CLS provided surveying and staking services for a residential housing development project. The firm used inaccurate reference points when shooting the survey which resulted in errors during the staking of the site. The errors were not discovered until the site had been graded. The owner of the project brought suit alleging professional negligence. The case was settled for $1.3 million.

A HVAC engineer provided design and installation services for the construction of a new high school. Design errors created mold issues in the pool/gymnasium wing that resulted in student and faculty respiratory ailments. Suit was brought against the engineer and the case was settled for $3.8 million.

The claim scenarios described here are hypothetical and are offered solely to illustrate the types of situations that may result in claims. These scenarios are not based on actual claims and should not be compared to an actual claim. The precise coverage afforded by any insurer is subject to the terms and conditions of the policies as issued. Whether or to what extent a particular loss is covered depends on the facts and circumstances of the loss, the terms and conditions of the policy as issued, and applicable law.