XL Catlin's Design Professional insurance business has enhanced its smartADVANTAGE professional liability insurance policy, providing increased limits of liability and improved policy terms for architectural and engineering firms in the US with annual fees of $2 million or less. 
According to Doug Strong, Chief Underwriting Officer of XL Catlin's Design Professional group, "Firms in this segment face the same professional liability issues that mid-to-larger size A/E firms do. We've enhanced our smartADVANTAGE policy to keep pace with firms' risk management needs, keeping pace with litigation and claims trends we see affecting their operations and potentially their bottom line."
The smartADVANTAGE policy enhancements include:
• One, two and now, three-year policy term
• Limits up to $3 million, boosted from $2 million, which includes excess options for specific job, client or multiple projects
•Deductibles of $0 to $35,000 depending on firm size
•Dollar One Defense included-defense costs not subject to deductible
•Full prior acts coverage beginning the third consecutive year of coverage
•One Time Aggregate Deductible-at no additional cost.
•"Specialist" premium credit for firms with 3 or less project types
The smartADVANTAGE policy is provided by XL Catlin insurance company, XL Specialty Insurance Company.
XL Catlin's Design Professional business provides professional liability insurance for architects, engineers and design consultants. Coverage is available for firms of all sizes and disciplines. XL Catlin's design professional coverage is accompanied by a variety of loss prevention assistance and risk management assistance including continuing education courses and access to XL Catlin's Contract eGuide to help firms incorporate strong contract language.