RLI Design Professionals Program Celebrating a Milestone

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While RLI Insurance Company has been in business for over 50 years, the RLI Design Professionals Program is celebrating their 9th year in business! RLI was named a five-star carrier through an independent survey of agents and brokers conducted by Insurance Business Magazine. Maloney & Company, LLC is very comfortable with the RLI Design Professionals Program – here are some insights:

Who they cover:

  • Architectural firms
  • Landscape architects
  • Civil engineers
  • Surveyors
  • Mechanical engineers
  • Structural engineers
  • Electrical engineers
  • Interior designers
  • Technical design consultants
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    Coverages:

  • Worldwide coverage
  • Pollution incident coverage
  • Definition of “Insured Person” includes temporary or leased personnel and retired personnel
  • Predecessor firm coverage, including joint ventures
  • Automatic 90-day coverage for acquired or merged entities
  • Marital or domestic partner extension
  • Innocent insured provision
  • Deductible mediation credit of 50% subject to a $12,500 maximum
  • Defendants′ reimbursement of expenses — $500 per day subject to $12,500 maximum (reimbursement applies day one)
  • Punitive damages extension where allowable by law
  • Blanket waiver of subrogation provision
  • Automatic excess coverage for separately insured projects
  • Cost effective options to increase policy limits
  • Extended reporting period options up to 5 years
  • Directors & Officers, Fiduciary Liability and Employment Practices Liability coverages
  • High SIR (Excess) programs up to $10M limits
  •  

    The RLI Advantage:

  • Free continuing education credits
  • Up to 10% discount on the professional liability premium through our risk management webinars
  • Complimentary contract review services
  • Additional 2% premium credit when we also insure your firm’s P&C coverages
  • Free pre-claims assistance
  • Proactive risk management guidance
  •  

    RLI measures their success based on the service they provide, and the relationships they build with customers and brokers; their great financial performance doesn’t hurt too. 9 years strong – we are lucky to have such a great relationship with such a great carrier!

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