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In the past two years the insurance marketplace for professional liability insurance (PL) for design professionals (architects, engineers, etc.) has continued to change. The dynamic that is being created is that new carriers have entered the market, design professionals face new exposures and new coverages are being created to address the new and evolving exposures. The coverage choices among carriers are greater than they have ever been. As a result, the proper analysis of an account's exposure, an in-depth understanding of the market and the customization of the PL program for your design professional client has become a more complex and complicated task - and one that New Day can make easier!
New Day has successfully assisted our broker clients for over six years in placing all types and sizes of design firms including difficult to place accounts. We also offer related risk management services to our broker partners. Whether it's providing perspective on the marketplace and the available products, instructing a seminar on professional liability risk or securing the optimal insurance solution for our clients, New Day stands out as an invaluable resource in a very technical field of insurance
Talk to us about some of the newer developments in the marketplace, such as:
- Technology Coverages
- LEED Issues and Coverage
- BIM Coverage
- International Projects
- Decennial Coverage
- Contractors Pollution Liability (CPL) coverage
New Day has been very successful in customizing PL programs to meet the changing needs and risks of all types of design professional firms. Come talk to us - with our staff of professional engineers, geologists, attorneys and environmental engineers, we'll provide insight into the world of PL insurance for your design professional clients. For more information about professional liability insurance or any of the products offered by New Day, please contact Bob Connor, Assistant Vice President, Construction Practice at 609-298-3516 Ext 111 or at robert.connor@newdayunderwriting.com.
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