What is the minimum premium for Excess coverage?
• $2,000 per million minimum premium on a regular practice policy endorsement
• $3,000 per million minimum premium on an excess policy over other carriers
– Janet Hafner | Assistant Vice President, Senior Underwriter
What is required to obtain an Excess quote?
1. The most recent primary application
2. Currently valued 5-year loss runs
3. A completed BDP Excess application (for SJX/SCX)
4. A contract requiring the limits (for SJX/SCX)
5. Primary policy premium, limits and deductible (preferably the declaration page)
Who is eligible for a Run-Off policy?
A current policyholder who has been with Berkley Design Professional for a minimum of two years
• The firm must be eligible for a renewal quote
• The firm must have completed all projects, with minimal exceptions
– Barbara Block | Assistant Vice President, Senior Underwriter
What differentiates BDP’s Excess offering?
BDP’s excess policy is written on admitted, follow-form paper. Our excess policyholders are provided access to all of our risk management materials via BDP Risk. We offer three policy options: excess over the entire underlying policy, specific job excess and specific client excess.
– Colleen Kennedy | Assistant Vice President, Senior Underwriter
Albany, N.Y. (July 21, 2021) – Walter J. Adams, Jr., vice president and assistant claims manager at Berkley Alliance Managers, a Berkley Company, will discuss ways to Get Ahead of the Claim: Professional Liability in a Post-COVID-19 World at the CLM 2021 Annual Conference to be held at the Atlanta Marriott Marquis in Atlanta, Georgia. During the roundtable discussion scheduled for Thursday, August 12th at 2:00 p.m. EST, Adams will highlight the novel claims faced by design and construction professionals in a pandemic environment and proactive methods to protect against increased exposures.
“Nearly every individual, organization and profession nationwide were impacted by the coronavirus,” says Adams. “Many construction projects were either delayed or canceled, which created incentives to accept less than desirable projects or contracts. This roundtable will profile the many challenges professionals overcame during this time and the risk management strategies that will help them navigate through a post-COVID-19 world.”
(more…)By Robert J. Connor, JD, CIC
Senior Vice President, Chief Marketing Officer, Berkley Alliance Managers, a Berkley Company
July 12, 2021
Design professionals are busy these days and often find it difficult to step back from their day-to-day business responsibilities to delve into the world of risk management education.
Fortunately, Berkley Design Professional has made it easy for our policyholders to find just the right risk management sessions and courses! The BDP Risk® Learning Management System (LMS), provides 24/7 online access to relevant risk and practice management content, streamlined online learning and education activity tracking and reporting.
Let’s take a look at the top ten reasons to use the BDP Risk® LMS today!
(more…)© 2025 Berkley Design Professional. All rights reserved.
