Huntersure provides coverage for third-party claims against Product Design Professionals arising out of negligent acts, errors or omissions in the performance of professional services. Product Design Professionals may include individuals and firms who are involved with ergonomic design, mechanical design, machine design, equipment parts design, etc. In the event that a product failed due to a design flaw, for example, a third-party suit can be triggered which can result in significant legal costs to defend allegations and determine whether an insured is liable. Our policy provides defense protection and indemnification.
Aside from firms designing products, there are many firms engaged in product’s integration, manufacturing and distributing. While these firms are not designing the individual product, there are also professional exposures associated with these firms. Some example are as follows:
We provide quick quote and submission turnaround, and work closely with brokers to customize coverage to satisfy the insured’s expectations or contractual requirements.
We make doing business with us easy with our breadth and depth of knowledge of E&O insurance, our proprietary underwriting system that allows for responsive quoting, binding and policy issuance and tailored products to meet the needs of your insureds. To find out more about our products for Technical Consultants, contact us at 646-751-3032.