Architect's Liability Insurance (Professional Liability, as applicable. 1) Architect shall purchase and maintain from a company or companies authorized to do business in the state in which the Work is located and acceptable to Owner, the following Liability Insurance which shall protect Architect, Owner, and such other parties as Owner may from time to time designate, from claims which may arise out of or result from Architect’s operations under the Contract, by a subcontractor or lower-tier subcontractor of the Architect, or by anyone directly or indirectly employed by any of them, or by anyone for whose acts they may be liable: