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XL Catlin Uncovers Enhanced Professional Liability 色多多视频 Policy Form for Design Professionals
Exton, Pennsylvania - September 15, 2016
To address the rapid change happening in the design professional industry, XL Catlin has improved its Design Professional insurance policy form to effectively address architects鈥, engineers鈥 and other design businesses鈥 changing professional liability insurance needs.According to Doug Strong, Chief Underwriting Officer of XL Catlin鈥檚 insurance business in North America, 鈥淭oday鈥檚 design leaders find themselves in a dynamic environment. Shifting customer needs, integration of emerging technologies and the changing landscape of the professional work force continue to create challenges. To help meet these challenges and reduce their exposures, we鈥檝e carefully crafted an enhanced policy form that takes the industry鈥檚 evolving business and operational environment, and subsequent risks, into consideration.鈥
XL Catlin鈥檚 newly enhanced Design Professional liability policy form enhancements include:
鈥 Improved coverage for exposures related to 3D printing and other computer-assisted design technologies (beyond BIM),
鈥 More clearly affirmed coverage for pro bono services, in recognition of our insureds鈥 expanding involvement with non-profit organizations in their communities.
鈥 Coverage for data collected or otherwise covered work product derived with the assistance of drones used in conjunction with professional services.
鈥 Added crisis management coverage which provides up to $30,000 per policy year for public relations expenses related to a 鈥渃risis event.鈥
鈥 Increased limits for defendant reimbursement
鈥 Increased disciplinary, regulatory and administrative expense supplements.
XL Catlin鈥檚 Design Professional business provides professional liability insurance for architects, engineers and design consultants. Coverage is available for firms of all sizes and disciplines and is accompanied by a variety of loss prevention assistance and risk management assistance including continuing education courses and access to XL Catlin鈥檚 Contract eGuide to help firms incorporate strong contract language.
About XL Catlin 色多多视频 Operations
XL Catlin insurance companies offer property, casualty, professional, financial lines and specialty insurance products globally. Businesses that are moving the world forward choose XL Catlin as their partner. To learn more, visit .
About XL Catlin
XL Catlin is the global brand used by XL Group Ltd.鈥檚 (NYSE:XL) insurance and reinsurance companies which provide property, casualty, professional and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world. Clients look to XL Catlin for answers to their most complex risks and to help move their world forward. To learn more, visit .
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Christine WeirskyCommunication Director, North Americachristine.weirsky@axaxl.com +1 610 968 9395
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