Professional Indemnity policies are generally written on a claims-made basis, and generally have a retroactive date covering only acts committed after a specific date, either tied to the date the insured firm was established or the date the insured first purchased Professional Indemnity insurance.
We offer cover on any one claim or aggregated limit basis with costs either inclusive or in addition to the limit. How the policy is structured is a function of the custom and practice of the local market and the needs of our insureds.
Newline offers worldwide coverage to clients domiciled anywhere in the world outside of the United States subject to any applicable sanctions or restrictions. Target risks include:
Traditional Professions
- Accountants
- Solicitors/Lawyers
- Surveyors
Construction Professions
- Civil Engineers
- Structural Engineers
- Heating and Ventilation Engineers
- Electrical Engineers
- Architects
- Engineers
- Design and Construct, including single project covers
Miscellaneous
- Loss Adjusters
- Insurance Brokers
- Patent Agents
- Recruitment Consultants
- Other non-traditional professions offering advice, design or specification to third parties
|
COVERAGE
|
CAPACITY PER PRODUCT LINE
|
|---|---|
| Worldwide | GBP 10.0m |
| EUR 15.0m | |
| USD 15.0m | |
| CAD 17.5m | |
| AUD 25.0m | |
| (or local currency equivalent) per risk |
Resources
LLOYD’S HOURS
Lloyd’s of London
Gallery 1, Box 177
Gallery 1, Box 177
Hours Daily
11:30 am to 1:00 pm
2:30 pm to 4:30 pm
2:30 pm to 4:30 pm