Beazley Group has broadened the coverage it offers to many smaller design firms with revenues of up to $3 million.

Beazley is also a specialist insurer of management liability risks and its new A&E endorsement incorporates D&O coverage at no additional premium. The coverage is available for all design firms, other than structural or geotechnical engineering firms, with revenues of up to $1 million and, with the additional exceptions of civil engineers and surveyors, for firms with revenues of between $1 million and $3 million.

This enhancement provides coverage to directors, officers, partners and principals of the insured for matters such as actual or alleged breaches of duty, neglect, error, misstatement, misleading statements, acts or omissions. A key feature of this enhancement is a dedicated additional limit of $100,000 for "Side A" claims. This "Side A" coverage protects directors, officers, partners and principals of the insured in cases where indemnification by the firm is not available, such as bankruptcy.

For more information, contact Brett Fowler at 860-677-3751.

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