Lake Saint Louis, MO (PRWEB) June 17, 2010
Stuckey & Company, the managing general agent of the Aspire A&E insurance program, has added a policy benefit called Aspire Contract Review Service to its professional liability coverage for architects and engineers. To provide these services, Stuckey has partnered with the experienced law firm of Gordon & Rees LLP, a nationally recognized law firm with 17 offices in the United States and over 400 attorneys specializing in a wide range of legal services.
Stuckey & Company introduced Aspire A&E in April 2009. It is a specialized, clearly defined Professional Liability insurance program for architects and engineering with annual revenue of $1.5 million and under. In addition to Professional Liability, the Aspire A&E policy includes Electronic Media and Network Operations Security, Computer Products and Computer Services, including coverage for Business Information Modeling (BIM) and Computer Aided Drafting and Design (CAD). Other coverages offered by Stuckey & Company include Property, Liability, Workers Comp, Commercial Auto, Employment Practices Liability and more.
Dwight Stuckey, CEO of Stuckey & Company, says the added benefit will help insurance agents make a confident recommendation of the Aspire A&E program, and also make insured firms more comfortable with the contracts they are signing. “When accepting an assignment, architects and engineers rely on complex contracts to delineate the rights and responsibilities of the parties involved in the project, and also to manage client expectations,” Stuckey says. “Now, when a firm is covered by our Aspire A&E insurance policy, it can use our free Contract Review Service to better understand its basic rights and obligations under that contract.”
To use the Aspire Contract Review Service, firms with an active, fully paid Aspire A&E policy can simply email their policy number and electronic copy of the contract they wish to have reviewed to aspire_crs(at)stuckey(dot)com. Stuckey & Company will assign each contract to an experienced attorney at Gordon & Rees who will review it and provide a written explanation of the contract terms and provisions, usually with 48 hours. Each Aspire A&E policy includes two free Contract Reviews.
Aspire Contract Review Service will provide Aspire A&E insureds with a basic written description of the terms of the contract, including a description of the parties, the scope of work, time of commencement, and substantial completion, compensation, insurance, indemnity and penalties for failure to perform. The service will also point out any unique or unusual contract terms or other pitfalls that may warrant further review, although further review beyond the basic contract review would be purchased separately, through direct retention of Gordon & Rees, LLP or another attorney of choice.
About Stuckey & Company
Stuckey & Company is a specialty insurance provider based in Lake St. Louis, Missouri. For 18 years, Stuckey has offered commercial, professional and personal lines of insurance. Stuckey & Company’s network of more than 8,000 licensed agents has the knowledge and experience in dealing with specific coverage not typically covered under standard policies. Stuckey specializes in Errors and Omissions insurance for technology companies, architects and engineers, and IT consultants. It is also Managing General Agent of the HarborGuard marine insurance program.
As one of the fastest-growing specialty insurance providers in the U.S., Stuckey & Company offers coverage to over 300 miscellaneous professional liability classes in sectors that include consulting, engineering, accounting and financial services, government services, media, laboratories and education. Coverage limits are available for many risks up to $5 million. It also offers a variety of standard insurance policies through its personal lines and commercial lines. Additional information about insurance plans from Stuckey & Company is available at online at http://www.stuckey.com, or by calling 1-800-828-3452. To request information by mail, write to Stuckey & Company, 28 Hawk Ridge Circle, Suite 200, Lake St. Louis, MO 63367.