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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 34
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
Premium Credits (other)
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
Other Specialty Markets
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
Other Special Exclusions
Deductibles and Limits
Minimum Deductible $10,000
Maximum Deductible $0
Coverage Limits $10,000,000
Other Notes