Travelers is now offering IndustryEdge, an insurance product for architects and engineers with expanded liability insurance features.
Travelers Commercial Accounts partnered across business units with architect and engineering expertise, including Bond & Financial Products, Construction and National Programs, to develop the new IndustryEdge product for design professionals.
Michael Klein, president, Travelers Commercial Accounts, said the redesigned offering is geared toward middle market customers working in specialized, vertical industries.
In addition to offering the core lines of commercial insurance such as general liability, workers’ compensation, commercial auto, property, business interruption and umbrella, the IndustryEdge product for Architects & Engineers features a proprietary extension endorsement that is specific to the design industry. The proprietary extension features 22 additional general liability coverages, including:
* Broadened Named Insured
* Non-Owned Watercraft coverage – Up to 75 feet
* Increased Medical Payments Limit to $10,000
* Waiver of Subrogation