Comprehensive professional liability for construction contractors and design build firms.
A professional liability and contractors' pollution combined form.
Third party liability coverage:
Arising from liabilities incurred as a result of professional activities undertaken by either a member of the insured's own design team or by a sub-contractor appointed by the insured.
For pollution conditions arising from the performance of contracting services performed by the insured or by a sub-contractor, extending to transportation pollution liability and non-owned disposal site pollution liability.
A microbial condition arising out of a completed operations hazard.
Arising from technology or advertising acts.
First party indemnity:
Rectification costs - for costs incurred prior to handover of a project in rectifying defects arising out of professional services by the insured or its subcontractor.
Emergency cleanup costs - as a result of a pollution condition arising from the performance of contracting services by the Insured or by its subcontractor.
Privacy breach response services - including forensic, legal, call center, notification, breach resolution and mitigation services.
Coverage differentiators
Supplementary payments:
Construction contractors and design build firms have distinct professional liability requirements. Beazley has over three decades of experience in insuring some of the world’s largest and most complex risks to tailor the design build form to meet the unique needs of construction contractors and design build firms.
Broad underwriting appetite including but not limited to artisan contractors, civil engineering, manufacturing, telecommunications, general construction, interior design and refurbishment, oil & gas, power generation and distribution, mechanical, electrical and HVAC contractors. We seek to avoid specialist subcontractors working in the fields of soils, piling and building envelope systems.
Canadian domiciled firms
BEING BOLD
Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.
STRIVING FOR BETTER
Good is a start, but we go all-out for better. A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond. Simply put, at Beazley we go to 11.
DOING THE RIGHT THING
Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team. Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.
The insured was contracted to design, build and install a piece of machinery for a food manufacturing company. The machine was completed and in the year that followed, the insured was sued on the grounds that the purchaser was unable to get the machine up and running to the standards required due to a design error. The complaint alleged breach of contract and warranty and sought a refund of the machine purchase price. The two parties went to mediation with the matter being resolved out of court and a settlement figure being agreed. The insured’s policy covered the settlement and defence costs.
Toronto, Canada
+1 (416) 777 6222
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+1 (416) 777 6223
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+1 (416) 777 6883
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+1 (416) 777 6849
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+1 (416) 777 6867
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