Aon Affinity, the consumer, association, and program business of Aon plc, has partnered with AXIS Insurance, which will be the new national program underwriter for A&E Advantage, Aon Affinity's professional liability insurance program for architecture and engineering firms.
With AXIS Insurance, the A&E Advantage program now will be able to offer coverage for architecture and engineering firms with billings up to $7.5 million, Aon Affinity said.
“Aon Affinity is very pleased to expand our relationship with AXIS Insurance to provide an outstanding professional liability solution to architecture and engineering firms nationwide,” said Bill Vit, the president and chief executive officer for Aon Affinity. “Committed to empowering results for our clients, we look forward to growing our A&E Advantage program with enhanced coverage, additional limits capacity, and broader underwriting eligibility.”
The A&E Advantage program, underwritten by the member companies of the AXIS group of insurance companies, offers architecture and engineering firms the following benefits:
- Customizable coverage for a diverse range of architects, engineers, and design firms.
- No hammer clause in AXIS design professional liability insurance policy.
- Supplemental claim expenses provided outside the policy limit at no additional cost.
- Coverage for disciplinary proceedings expenses and subpoena response expenses.
- Enterprise security event and privacy regulation coverage.
- Reputation protection coverage.
“AXIS has an extremely strong design professionals underwriting team with an average of more than 25 years of industry experience,” said Peter Wilson, the chief executive officer of AXIS Insurance. “As the new insurance carrier partner for the A&E Advantage program, we are collaborating with Aon Affinity to expand their client base and product offerings for small and midsize architecture and engineering firms. Aon Affinity has excellent service capabilities, and this program represents an effective distribution channel for accounts with $7.5 million or less in billings.”
Learn more: www.aon.com/affinity; www.axiscapital.com.
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].