Lexington Professional Liability: Architects & Engineers (A&E)
Lexington Professional Liability: Architects & Engineers (A&E)
Lexington Insurance has been helping brokers in the design and engineering professional liability insurance market for over 40 years. Lexington’s A&E team is known for providing innovative insurance solutions for architecture and engineering firms – from multinational structural engineering firms to small architecture enterprises.
Practice Appetite
Coverage tailored to firms of all sizes, from sole proprietorships to large multinational firms.
Coverage for a full range of design disciplines from the most benign to the most hazardous. No restricted classes.
Minimum premiums start at $25,000.
Minimum deductibles start at $25,000.
Maximum limits of up to $10 million available.
Project Appetite
Coverage for almost any project type.
Coverage for the design team for the entire construction period, with an option for an extended reporting period.
Coverage for various project delivery methods, including design build and public-private partnerships.
Minimum premiums start at $25,000.
Minimum deductibles start at $25,000.
Maximum limits of up to $10 million available.
Multinational Capabilities
Access to AIG global network via Passport.
Possesses deep local knowledge and expertise to consistently deliver high-quality underwriting and risk management services.
A&E Risk Management
Project management and pre-claims assistance.
Relationship with law firm Donovan Hatem provides clients with access to risk management services including contract reviews, risk management seminars and pre-claims assistance services.
Claims
Experienced staff of over 12 examiners dedicated solely to A&E claims.
Most dedicated A&E claims examiners are attorneys and several have engineering degrees.
The breadth of claims experience helps to anticipate client needs.
PROBLEM SOLVERS
Challenge: The highly specialized A&E industry is constantly pushing boundaries as both project size, scope, and complexity continue to evolve. How do carriers keep up with the ever-changing market conditions?
RELIABILITY
Challenge: With every renewal, brokers are faced with seeking the carrier that will provide their clients with superior risk management services and claims expertise.
CREATIVE SOLUTIONS
Challenge: Brokers are faced with the constant challenge of clients growing and evolving their businesses. Whether its expanding a physical footprint, services offered, or industries served, new risks arise and so do the challenges to solve them.
Solution: The ability to understand complex risk is something Lexington learned from decades of experience. Lexington works closely with its broker partners to understand their clients’ risk challenges, and apply years of industry knowledge, underwriting data, and experience to develop thoughtful solutions.
Solution: Lexington’s unwavering dedication to risk management services and claims expertise is well known in the industry. Lexington provides a range of services to help mitigate risk and protect its insureds.
Solution: Lexington is here to help meet the changing needs of its brokers and their clients, from small, regional firms breaking out of their start-up years to global enterprises. Lexington has over 50 years of experience, providing the flexibility and know how to solve a wide range of challenges.
Benefit: There’s no better partnership, than a broker willing to collaborate with Lexington. This process is mutually beneficial and can result in the development of flexible and comprehensive insurance solutions to meet even the most complex of risks.
Benefit: Lexington’s dedications to comprehensive risk management services has strengthened its portfolio of business with better internal risk management and stronger controls. These services provide its brokers and their clients with piece of mind.
Benefit: Lexington understands that every situation is unique. Lexington is here to listen to its broker partners and develop innovative solutions for their clients’ changing risk needs.
Robert Rogers
Head of Construction
Professional Liability
Lexington Insurance
Stephen Harb
Vice President
Professional Liability
Claims
Lexington Architects & Engineers Highlight Sheet - click here