LIBERTY CORNER, NEW JERSEY – December 16, 2020 - Everest Insurance® announced today the release of their new Everest Elevation® Architects and Engineers Professional Liability Policy, providing design professionals with professional, pollution and cyber liability coverage.
Everest Elevation® was developed to address the intricate and unique coverage needs of architectural, design, engineering and construction firms, by offering a variety of coverage enhancements and expense reimbursements for Crisis Events, Disciplinary Proceedings, first party cyber Security Incidents, Subpoena Compliance and Peer Review Programs. Recognizing the changing market and litigation landscape, Everest is also one of a few carriers to offer third-party cyber coverage in its base form.
“After listening to feedback from our brokers and insureds, Everest has built a best-in-class product that allows design professionals to feel secure in their practice while offering comprehensive protection in the event of a claim,” said Joshua Kranz, Vice President, Professional Liability.
Everest provides coverage on both a primary and excess basis up to $15M in limits for all architects and engineers inclusive of project specific coverage. Policy available where admitted.
About Everest Re Group, Ltd.
Everest Re Group, Ltd. (“Everest”) is a leading global provider of reinsurance and insurance, operating for close to 50 years through subsidiaries in the U.S., Europe, Singapore, Canada, Bermuda and other territories.
Everest offers property, casualty, and specialty products through its various operating affiliates located in key markets around the world.
Everest common stock (NYSE:RE) is a component of the S&P 500 index.
Additional information about Everest, our people, and our products can be found on our website at www.everestre.com. All issuing companies may not do business in all jurisdictions.