This program provides professional liability coverage for over fifty classes of professionals providing services for a fee to others. Coverage is written on a claims made basis; prior acts coverage is available to ensure continuity of coverage. Coverage for defense costs incurred in conjunction with a claim or suit filed against an insured are included in limits of liability.
Who is it for?
Any entity which performs services for a fee for others which would not be covered under other AIG company programs, i.e. various consultants, administrators, service providers. For example, publishers, management consultants, pharmacists, opticians, real estate agents, property management, loss adjusters.
For firms based outside of the USA and Canada, coverage may be written on a worldwide basis, including the jurisdictions of the USA and Canada. For USA and Canadian companies, coverage plans are offered for foreign operational exposures and for liabilities arising from products exported from the home country.
Professions:
- Architects and Engineers
- Accountants
- Corporate Services
- Real Estate
- Technology
- Telecom
- Outsourcing
- Professional, Managerial & Employment Practice Liability
We offer very flexible coverage terms: policies are essentially manuscripted to provide tailor-made coverage for any class of professional. Unlike other markets, we will quote "start-up" operations subject to satisfactory experience of principals and key employees. Extensive knowledge of local customs, markets and laws with a worldwide network of underwriting and claims offices.
