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The professional liability market has expanded significantly in recent years. Challenges still exist for construction project owners looking for a project professional liability policy for large projects. Jeff Slivka's article titled "Liability Coverage on Large Projects," which was recently published in Constructor magazine, discusses these challenges and the options that exist for such projects. He takes an in-depth look at Owners' Protective Professional Indemnity (OPPI) and Owners Protective Professional and Excess Contractors Pollution (OP3), which are "offered to owners of construction projects that hold contracts with design professionals."
Read the complete article here and to learn more or to discuss your insured's specific concerns, please contact Jeff Slivka, Executive Vice President and Chief Operating Officer at 609.298.3516 ext. 102 or jeff.slivka@newdayunderwriting.com. |