Professional Liability for Electrical Engineers with the Aspire A&E Program

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Electrical engineering dates back to the late 19th century. These engineers help us in almost every aspect of our lives.

 

Opportunity:

  • There are more than 300k electrical engineers in the U.S.
  • The job outlook for electrical engineers is growing through 2020

 

How to Quote:

 

Desirability:

  • Electrical Engineers

 

Exposure Concerns:

1) No conveyor and conveyor systems

2) No marine projects

3) No aerospace or nuclear projects

4) Does the applicant offer any other types of engineering services?

 

 Key Underwriting Questions:

1) What types of projects is the applicant working on?

2) Who are the top applicants top 3 clients?

3) Does the applicant have current E&O insurance?


Coverage:

  • Limits up to $2M
  • Revenue up to $2M
  • Deductibles from $5k to $25K

 

If you have any questions or would like to talk to an underwriter regarding this class, please feel free to email Michelle@stuckey.com or visit our website at Stuckey.com for more information on the Aspire A&E program for professional liability for architects and engineers 

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Topics: Blog, Miscellaneous Professional Liability, professional E&O, professional liability, MPL

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