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Lexington Professional Liability: Architects and Engineers (A&E)

Why choose Lexington Professional Liability: Architects and Engineers (A&E)?

Lexington Architects and Engineers (A&E) is a market leader that provides:

  • Professional liability coverage solutions.
  • Technical expertise to help solve client risk challenges.
  • Innovative insurance solutions for clients of all sizes, from the middle market to large multinationals.
  • Risk management expertise, and specialized, in-house claims services.

Advantages

  • Delivers customized A&E solutions through a dedicated team of A&E underwriters, risk engineers and claims experts.

  • Provides accurate and timely quotes to solve the unique risks faced by clients of all sizes, especially the middle market.

  • Builds strong, consistent relationships with retail and wholesale brokers to better understand specific A&E challenges and deliver solutions.
     
  • Provides client specific-coverage beyond standard policy forms with tailored language that fits client exposures.

  • Addresses clients’ tough-to-write A&E risks with flexibility around attachment points, terms, and limits.

  • Supports clients with in-house A&E claims professionals—most have professional designations as attorneys or engineers.

  • Utilizes industry knowledge to deliver a holistic approach to claims experience and improve outcomes.

  • Provides clients access to Lexington A&E’s unparalleled risk management services including contract reviews, risk management seminars, and pre-claims assistance.

Real-World Problem Solving

Benefit from our proven experience in working with customers and their brokers and agents to deliver successful outcomes.

Challenge

A client was being non-renewed by incumbent market due to unique challenges.

Solution

Through the Lexington A&E team's underwriting process, the team was able to better understand the client’s risks, claims history, and global reach. Drawing on its technical expertise, the Lexington A&E team, other AIG member companies and the broker developed a customized solution to protect against the client’s risk challenges in several countries.

Benefit

The client gained a customized and comprehensive global program by working together with the Lexington A&E team, other AIG member companies and the broker.

Challenge

Following a recent acquisition, a middle market engineering firm required an insurance solution to address the expanded operations of the merged firm.

Solution

The Lexington A&E team quickly developed an understanding of the disparate exposures of the combined firm allowing for a comprehensive creative solution that helped the client address additional risks presented by the merger.

Benefit

The client received specific, appropriate coverages that meet the unique challenges presented by its new risk profile.

Challenge

A mid-sized firm experienced an increase in claims resulting from the expansion of their business into new areas of practice.

Solution

In advance of renewal, the Lexington A&E team suggested legal reviews of the client’s contracts to ensure fair allocation of risk. It also provided two risk management seminars for the client that focused on mitigating exposure.

Benefit

The client received actionable risk management insights from the Lexington A&E team’s in-house experts and its third-party partners.

Brokers: Meet Your AIG Team

View contact information for AIG’s national product and distribution teams.

Downloads

Download PDF [240.2 kb]

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lexington-architects-and-engineers-professional-liability-highlight-sheet.pdf
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Lexington Professional Liability: Architects & Engineers Highlight Sheet

Download PDF [332.4 kb]

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lexington-a-and-e-product-profile.pdf
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Lexington Professional Liability Insurance Solutions for Architects, Engineers and Contractors

The scenarios described herein are offered only as examples. Coverage depends on the actual facts of each case and the terms, conditions and exclusions of each individual policy. Anyone interested in the above product(s) should request a copy of the standard form of policy for a description of the scope and limitations of coverage.

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