Provides supplemental coverage for professional errors and omissions
by the insured against its own design professionals. The policy sits atop all
of the insured's design professionals' practice policies as a form of excess
coverage in the event the design professional's policy limit has been exhausted
or is not sufficient to pay the claim. The insured (e.g., project owner or design-build
contractor) must prove a legal claim for professional negligence against the
design professional to collect under the policy.
Links for IRMI Online Subscribers Only: