Engineering and Technical Risk Management

Nowadays Consulting Engineering firms have a new challenge. Most of the big players require amounts of professional liability with higher limits than $1,000,000. We have expertise to get professional liability limits of $5, 10, 25 or 50 Million including Wildfire Exposure for technical firms. In many instances our clients are those who have not been successful getting these limits of coverage from their own professional association.

  • High Limits Of $5M, $10M, $25M or $50M On Professional Liability, General Liability including Wildfire Exposure and Cyber Liability.
  • Technical Firm Cyber Liability Coverage.
  • A cyber insurance policy, also referred to as cyber risk insurance or Cyber Liability Insurance coverage (CLIC), is designed to help an organization mitigate risk exposure by offsetting costs involved with recovery after a cyber-related security breach or similar event.
  • First Party Coverages. Cyber liability policies typically include various property and crime coverages. They also cover certain costs, such as notification expenses. … Loss or Damage to Electronic Data – Many policies cover losses caused by damage, theft, disruption or corruption of your electronic data.
  • Pollution liability insurance protects a company against liability from damage caused by hazardous waste materials. The pollution liability policy covers bodily injury claims and property damage, along with clean-up costs caused by contamination from toxic waste materials.

Information Technology Risk Management

Classes we consider for Information Technology Risk Management:

Cyber Liability Insurance

Cyber Liability Insurance covers financial losses that result from data breaches and other cyber events. Many policies include both first-party and third-party coverages. First-party coverages apply to losses sustained by your company directly.
Cyber insurance generally covers your business liability for a data breach involving sensitive customer information, such as social security numbers, credit card numbers, account numbers, driver’s license numbers and health records.

Architects and Engineers Professional Liability

The Problem

Consultants and professionals from many different business sectors are vulnerable to liability as a result of an error or omission in their work.

The Risk

Lawsuits that result in potentially large penalties and can jeopardize a professional's business and reputation.

The Solution

We provide Professional/Miscellaneous E&O Liability Insurance coverage offered through preferred insurance companies for professionals from A to Z.

  • Architects & Engineers Professional Liability
  • Medical malpractice Professional Liability Insurance
  • Consulting Related Services
  • Property Related Services
  • Inspection Related Services
  • Specified Medical Professional Liability Insurance
  • Assisted Living Facilities
  • Tenant Discrimination Liability Insurance
Consultants and other professionals work in a wide range of fields, where liability can lurk around every corner. Even the most dedicated and diligent professional can overlook or miscalculate a small detail, turning a satisfied customer in to a disgruntled adversary overnight.
Professional Liability Insurance (PLI), is also known as Errors and Omissions. Medical Malpractice Insurance also is a form of Professional Liability which protects physicians and other licensed health care professionals (e.g., dentist, nurse). But more commonly known as Errors & Omissions (E&O) in the US, is a form of liability insurance which helps protect professional advice- and service-providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client and damages awarded in such a civil lawsuit. The coverage focuses on alleged failure to perform on the part of, financial loss caused by, and error or omission in the service or product sold by the policyholder.
These are causes for legal action that would not be covered by a mere general liability insurance policy which addresses more direct forms of harm. Professional liability insurance may take on different forms and names depending on the profession, especially medical and legal, and is sometimes required under contract by other businesses that are the beneficiaries of the advice or service.

Coverage sometimes provides for the defense costs, including when legal action turns out to be groundless. Coverage does not include criminal prosecution, nor a wide range of potential liabilities under civil law that are not enumerated in the policy, but which may be subject to other forms of insurance. Professional Liability Insurance is required by law in some areas for certain kinds of professional practice.

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