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November 8, 2009

OneBeacon Unveils New Design Professional Liability Solution

To target design professionals for benefits such as web-based risk management services

By CBR Staff Writer

OneBeacon Professional Insurance (OBPI), a member of OneBeacon Insurance Group, has unveiled its new Design Professional Liability product. This solution targets design professionals, including architects, engineers, designers and technical consultants that features value-added benefits such as web-based risk management services.

Bruce Demeter, vice president of Design Professional Liability at OBPI, said: This product line was developed with the modern-day design professional in mind. Our forms and coverage deliver tailored solutions for our policyholders. In fact, I’m proud to say the product is specifically designed to provide an entirely better insurance experience for the design professional community.

OBPI’s Design Professional Liability coverage offers some specialised features and benefits which are efficient application and renewal processes, tailored policy definitions, coverage for certain technology services, limited coverage exclusions, a project specific policy for primary insureds, and access to web-based services such as an interactive web site and online resource center.

In addition to these features, the clients are likely to receive a dedicated claims team, risk management services and tailored programs for small to midsized firms.

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