Private Enterprise AEC

Liability protection for US domiciled practitioners with complex and non-standard risks in the construction sector.

What we offer

We have dedicated A&E and Design Build & Contractors forms that can be tailored to your needs.

Coverage includes 

A&E professional liability
Contractors pollution liability
Technology based services & products
Computer network security and privacy liability
Multimedia and advertising
Rectification coverage available
First Party Cyber coverage available (Beazley Breach Response)

Limits up to US $5m, US $10m available for select opportunities.

Minimum premiums start at US $2,500

How can we help

The Construction industry is like no other. Its insurance needs are distinct and unusual. That is why Beazley has a London market team of underwriters that specialise in the professional liability needs of architects, engineers, contractors and design build firms of construction projects. With over 30 years of experience in the architects, engineers and construction space Beazley has gained a wealth of knowledge and expertise. With a reputation for exceptional service and an extensive database of information to track claims trends. At the heart of our approach is the in depth knowledge that our integrated underwriting and claims team has of the construction sector. This combined with the level of empowerment and flexibility allows them to provide bespoke solutions to clients.

Who we can help

Architects & engineers – including specialist classes such as: oil and gas, telecoms, nuclear, aviation & aerospace.
Coverholders/Programs – appetite for creating new A&E programs or new contractors E&O programs and delegating authority to coverholders where there is a proven track record, new product or superior distribution.
Association business – we will look at bespoke wordings and rates for members.

WHERE IS THIS OFFERED?

USA

The Beazley Difference

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.

Examples or Scenarios

General Contractor

Our insured, a general contractor, was retained to construct a school using a design/build delivery system. They entered in to an agreement with a design professional to provide the design for the project. The agreement contained indemnification and hold harmless clauses, releasing them from the design professional. During construction, it was discovered that the design contained an error which resulted in the school being elevated several inches above the existing roadways. The insured made a demand under the indemnification and hold harmless provisions of the www.beazley.com design professional’s contract. Unfortunately, the design professional declared bankruptcy and the insured remained professionally liable to the project owner.