With over 30 years of experience underwriting professional liability coverage, Specialty Managers Group (SMG) has identified several segments of the architects & engineers marketplace that benefit from targeted underwriting. As a tribunalized Lloyd’s Coverholder, SMG has partnered with RenaissanceRe, a leading Lloyd’s syndicate, to offer specialized coverage solutions for members of the AEIC Purchasing Group, a national organization dedicated to promoting best practices within the design community.
The AEIC Purchasing Group was founded in 1987 with the goal of improving risk management and loss prevention practices within its membership. Through their efforts, AEIC PG members have been afforded the opportunity to purchase professional liability coverage at rates reflecting their shared commitment to superior results.
The SMG Design program is written on a surplus lines basis and distributed nationwide through independent insurance agencies and wholesalers. With limit capacity between $1M and $5M, the SMG program is best suited for designers between $1M and $50M in annual professional billings.
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A tribunalized Lloyd’s Coverholder, Specialty Managers Group (SMG) brings an experienced management team conversant in all facets of insurance company management to negotiate the complex global insurance market.
Selecting from the world’s leading domestic and international insurance companies, SMG connects program managers with the carrier that properly matches their program’s needs and agency’s culture. By removing the volatility so common in carrier-agency relations, SMG provides its clients the essential advantages required in the highly competitive specialty market. Equally distracting, backroom burdens prevent program managers from achieving their mission. SMG provides a means to clear away the obstacles to success.
Partnering with SMG allows program managers to focus on their clients, innovate within their specialty and grow their program, while providing carriers with a proven track record of underwriting performance and the highest fiduciary standards.