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Victor O. Schinnerer & Co. Inc. has announced enhanced endorsements to their business owner’s policy (BOP), which were developed to address the needs of architects, engineers, consultants, and interior designers and surveyors who handle valuable art, papers or use specialized equipment. The BOP endorsement has increased limits on electronic data equipment, accounts receivable, valuable papers and fine arts. For design professionals: o Full coverage for business personal property off premises for 60 days. Optional coverage is available for more than 60 days. o There are increased limits for property in their care, custody and control at any location or in transit. o The fine arts definition has been changed to include models, sculptures and artistic renderings. o The valuable papers and records definition specifically includes designs and plans. o There are increased limits for laptops and PDAs both on and off premises. For surveyors, in addition to the above enhancements, a definition of surveyor’s equipment has been added to address their unique exposures such as breakage of glass and lenses. The GL endorsement features include: o Contractual liability coverage for work performed within 50 feet of railroads. o Most frequently requested types of additional insureds are included. The coverage triggers automatically so policyholders don’t need a separate endorsement each time they’re asked to cover an additional entity. o Additional insured coverage is triggered by contractual requirements and includes products and completed operations, primary or primary and noncontributing, and waiver of subrogation o Aggregate limit applies on a per project basis.

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