a/e ProNet is a network of independent insurance brokers specializing in the professional liability insurance and risk management needs of design professionals. Why should I use a specialist insurance broker? Founded in 1988, the original core goals of a/e…
Claims Reporting for Architects/Engineers When it comes to claims reporting the most important factor is to report it to your insurance company or agent as soon as possible and provide all of the information your firm has at the time…
Drive Other Car insurance can provide protection for the executive of a Partnership or Corporation or their spouse when driving a non-owned car, such as a vehicle that is rented or borrowed. Who needs drive other car insurance? Drive Other…
Certificate of insurance requests for architects/engineers- Your firm will receive certificate of insurance requests from your clients on projects. Here are some of the more common requests that are seen on certificates of insurance. Additional insured The most common request…
Return to Work Programs If you don’t already have an established return-to-work (RTW) program, the time to start one is now. According to the National Council on Compensation Insurance (NCCI), lost time accounts for more than 40% of the total…
INSURANCE CLAIMS OR INCIDENTS – Ensure the fastest possible response to your insurance claim or incident Reporting insurance claims or an incident (a situation that very well could turn into an insurance claim) as soon as reasonably possible is of…
Important details to remember about Professional Liability policies for architects/engineers- While Professional Liability policies are not lengthy they have quite a bit of information included. Below are a list of items to keep in mind when reading your Professional Liability…
Understanding Monopolistic States for Workers Compensation for Architects/Engineers There are four states in the United States that prohibit the sale of workers compensation by private insurers. This means these states have a state run workers compensation policy. The states that…
Fiduciary Liability vs. ERISA If you have and Employee Stock Option Plan (ESOP) or a 401K plan for your employees you probably also have an ERISA bond. This type of fidelity bond is required and you are to carry 10%…
Professional Liability vs. General Liability for Architects and Engineers For design professionals each of these policies are important and provide different coverages for your firm. Coverage The Professional Liability policy is for design errors and omissions. In the event your…