Insurance Terms to Understand for Architects/Engineers
There are several terms insurance that can be confusing. Here are some common terms that are used in policies or when speaking to your firm’s insurance company or agent. Insuring…
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Cybersecurity Awareness Month
Cybersecurity Awareness Month 2023 marks 20 Years of Cybersecurity Awareness Month — celebrated every October — was created in 2004 as a collaborative effort between government and industry to ensure every American…
Read MoreFirm Name Changes for My Architecture/Engineering Firm
Firm Name Changes for My Architecture/Engineering Firm It is important to change your firm’s name on your firms’ policies. Even if your firm is changing from an LLC to Inc,…
Read MoreProfessional Liability Insurance for Architects and Engineer…
Professional Liability Insurance for Architects and Engineers Architects and engineers provide professional services, the do not sell products. That is why Architects and Engineers need errors and omission insurance or…
Read MoreWho is covered under a professional liability policy for arc…
Who is covered under a professional liability policy for architects/engineers? This will vary with each insurance company, here are a few definitions to determine who is covered. Example one: (1)…
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THE FUTURE OF CONSTRUCTION WITH COMPUTER VISION AI
Whether you are talking about the design industry or making movies in Hollywood, the official buzz term of the year is Artificial Intelligence. You may fear it or embrace it,…
Read MoreHELPFUL TIPS FOR ASSESSING AND NAVIGATING THE RISKS INHERENT…
SUCCESSOR DESIGN PROFESSIONAL It is likely that at some point in your career, you will be asked to replace another design professional on a project. While the thrill of new…
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Review of Insurance Policies for Architects/Engineers
The last quarter of 2023 is approaching, and it is always good to have a review of your firm’s insurance policies. There are a few things to consider when reviewing…
Read MoreReplacing a Design Firm on a Project
Replacing a Design Firm on a Project When a design firm is asked to replace the original firm on a project, there are ethical, regulatory, and professional liability concerns that…
Read MoreWhat is surplus lines insurance?
What is surplus lines insurance on professional liability policy for an architect/engineer? Surplus lines insurance companies will insure a firm that is considered higher risk and a policy that admitted…
Read MoreWhat is included in a business owner policy?
What is included in a business owner policy for architects/engineer firm? The business owner policy has a few major sections of the policy to be aware of. General liability is…
Read MoreWays to Improve My Renewal Premium
Ways to improve my architecture/engineering firm’s professional liability renewal premium- The renewal premium is based on the fully completed professional liability renewal application, but there are some ways to help…
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