Our policy applies worldwide. In addition, firms with projects in other countries will also have a Limited Worldwide Coverage endorsement attached. The endorsement changes coverage when claims are brought against the policyholder outside of the U.S. and will reimburse the policyholder for damages and reasonable and necessary costs of investigating and defending any such claim.
Presented by: Ted D. Levin, Member, Clark Hill, LLP Andrew D. Mendelson, FAIA, Senior Vice President, Chief Risk Management Officer, Berkley Design Professional
Wednesday, September 29, 2021 10:00 am – 11:30 am Pacific Daylight Time 1.5 AIA Learning Units 1.5 RCEP Professional Development Hours Berkley DP policyholders who participate in this program can qualify for a 15% Risk Management Education credit. Contact your agent for further information*
This webinar has been recorded and is available on demand for Berkley Design Professional policyholders and our appointed agents and brokers on the BDP Risk® Learning Management System.
In today’s complex design and construction environment, disputes will occur. Often the difference between success and failure is whether you have planned for the inevitable. This webinar will show you the root causes that frequently lead to disputes and arm you with strategies to mitigate those situations before the project even begins. You’ll learn why it’s important to define the dispute resolution process in your contract—and receive sample contract language you can begin using right away. You’ll gain insight from a typical dispute resolution flowchart and a deeper understanding of the mechanics, costs, pros, and cons of these common methods: step negotiations, mediation, litigation, and arbitration. Finally, you’ll learn how to identify when trouble is brewing on your project and get a roadmap of what to do next.
Do you offer coverage for a retiring professional?
We offer coverage for a professional retiring from his or her prior design firm. Our policy applies as Excess to the coverage provided to the retiring professional on their prior firm’s Professional Liability policy. In the event the prior firm does not maintain their coverage, our policy will apply Excess of the insured’s deductible. We are one of the few carriers to offer this coverage.
By Anthony Andersen Senior Vice President, Professional Liability Claims Manager | August, 12, 2021
Having a Berkley Architects, Engineers & Consultants Professional Liability Policy means that you’re never truly alone. Even when you’re dealing with a situation that isn’t yet a formal claim, but is giving you an uncomfortable feeling that it may soon become one, Berkley Alliance Managers is here for you!
This post was updated on January 25, 2024. Find it here.
About the Author
Anthony has managed and handled claims for more than 25 years. He brings a wealth of A&E and construction related experience as well as knowledge regarding best practices and risk management. In his role as Professional Liability Claims Manager, Anthony provides managerial oversight to our claims staff. He received his Bachelors of Business Administration from Iona College. Anthony is based in Central Valley, New York. Contact Anthony at [email protected].
The consequences are undeniable. Global climate change has affected everything from the design and building of roads, bridges, homes and office complexes to the upgrading of our nation’s electrical grids and pipeline systems.
Unfortunately, the forecasts of many of the world’s leading climate research agencies are less than optimistic. According to NASA, the effects of global climate change are likely to continue “over this century and beyond” as the growing intensity and frequency of severe storm events, heat waves and wildfires increasingly wreak havoc on the nation’s infrastructure and ecosystem. In fact, the National Centers for Environmental Information, recently reported that 25 storm-related disasters in the U.S. caused more than a billion dollars in damages each from 2018 to 2019. Of these, the top five combined to cause more than $75 billion in damages.
As a result, a renewed emphasis has been placed on the creation of buildings and infrastructure that not only withstand severe natural events but remain habitable under extreme conditions. Even President Biden’s American Jobs Plan proposed wide-ranging initiatives promising that infrastructure projects developed under the plan would include funding to prevent, reduce and withstand the impacts of the climate crisis.
• $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
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)
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
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.