Architects and Engineers Insurance Company (AEIC)
Company Info |
|
| Name | Architects and Engineers Insurance Company (AEIC) |
| City | Naperville |
| State | IL |
| Website | Visit Website |
How to Access |
|
| Direct | N |
| Broker | Y |
| MGA | N |
| Company Agent | N |
Underwriter |
|
| MGA | N |
| Internal Employed Underwriters | N |
Measurements |
|
| A.M. Best Rating | A‑ |
| Insurer Financial Size Category | IV |
| Continuous Years Providing Coverage in A/E Marketplace | 36 |
Where Licensed to Write/Carrier Admitted |
|
| 50 States/DC | Y |
| U.S. Territories | N |
| Worldwide | N |
| Exceptions | Licensed as a foreign risk retention group therefore not subject to surplus lines requirements |
Benefits Offered |
|
| Risk Management Education Program Credits | N |
| First Dollar Defense | N |
| Loss Control Services | Y |
| Contract Review Services | Y |
| Multi‑Year Policies | Y |
| Pre‑Claims Assistance | Y |
| Premium Credits with Experience | N |
| Premium Credits with AIA Membership | N |
| Premium Credits with LEED Certification | N |
Special Coverage |
|
| Project Policies | Y |
| Prior Acts | Y |
| Tail Insurance | Y |
| Cyber Liability | N |
| Other Special Coverage | Executive Liability which includes D&O, EPLI and Benefit Trust |
Specialty Markets |
|
| Multifamily or Condo Housing | N |
| Residential | N |
| Geothermal | N |
| Landscape | N |
| Firm Size | N |
Underwriting Restrictions |
|
| Firm Size | Y |
| Firm Location | N |
| Type of Practice | N |
| Type of Projects | N |
| Location of Projects | N |
| Non‑U.S. Projects | N |
| Restrictions on Percentage of Residential | N |
| Restrictions on percentage of multifamily and/or condominiums | N |
| Specific Job Excess | N |
| Other Underwriting Restrictions | With receipts greater than one million per annum |
Special Exclusions / Conditions |
|
| Asbestos Claims | N |
| Mold Claims | N |
| Silica Claims | N |
| Hazardous Waste Claims | N |
| Full Prior Acts Coverage | N |
| Coverage for Acts in a Predecessor Firm | N |
| Restricted Coverage for Prior Acts | N |
Deductibles and Limits |
|
| Minimum Deductible | $10,000 |
| Maximum Deductible | $0 |
| Coverage Limits | $10,000,000 |
2056 Westings Ave, Ste. 20
Naperville, IL
(800) 437 2342
Visit Website