ACEC Business Insurance TrustThe ACEC Business Insurance Trust oversees a program that provides business and professional liability insurance coverage for participating ACEC member firms. The program offers policyholders tailored coverage along broad policy terms and conditions.Program coverage includes automobile liability and physical damage; workers’ compensation; and the “Spectrum” package policy affording protection for buildings, business personal property, money and securities, business liability, equipment breakdown, computers and media. Catastrophe liability protection is available through umbrella coverage. The plan underwriter is The Hartford, and the plan administrator is Greyling.The Trust has authorized Greyling to make engineers’ professional liability coverage available to member firms. Neither ACEC nor the Trust endorses any one PLI provider. It is the objective of Greyling to offer a choice of providers for PLI coverage. The selection of underwriters may change from time to time. Under the Deductible Assistance Program, the BIT may be able to defray all or part of your firm’s deductible for automobile or property claims if you are an ACEC member in good standing and participate in the BIT program. Once your claim is submitted and processed by the BIT’s carrier, The Hartford, you can request the return of your deductible amount up to $1,000 per claim. For more information on the Trust, including contact information on the Trustees, please Click Here. Further information on the program, including quotations, can be obtained by contacting Jeff Connelly or Lee Ann Wheeler with Greyling at (833) 223-2248. The ACEC Staff Liaison for the Trust is Charles Kim. He may also be reached at (202) 347-7474. The Trust is the host of an informative website highlighting information on both business and professional liability insurance. Please visit www.acecbit.org to view.
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