Selling My Firm – What To Do
What to do if I am selling my architecture/engineering firm or shutting it down altogether? There is a lot to consider when selling your firm or shutting it down. Insurance…
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Should my architecture/engineering firm file a claim against…
This question comes up from time to time and the answer is yes. Your firm’s policy is there to protect your firm in the event of a claim. If your…
Read MoreTips for Successful Project Management
Whether a construction project is complex or a simple installation, project management is vital. Any construction project involves multiple professionals and tradesmen. In normal situations, one specific entity will have total…
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Completing your firm’s professional liability renewal applic…
While the renewal application may seem repetitive each year and tedious at times, it is important to complete the application in full and accurately. Not only do you sign at…
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It’s Just an Application for Payment, Right?
Like many things you may not have covered extensively (or at all) in architecture school, certifying the Contractor’s application for payment is an underemphasized but critical component of an Architect’s…
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Endorsements of a policy that my architecture/engineering fi…
Endorsements of a policy that my architecture/engineering firm may need- Each insurance policy, whether it is business owner policy, workers compensation or professional liability has different endorsements that may be…
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The importance of reading your architecture/engineering firm…
Reading your insurance policies is important regardless of what type of policy it is. However, the professional liability policy is unique to each insurance company, and it is always good…
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Social Engineering and Your Employees
Are your employees missing these social engineering red flags? Social engineering is one of the most significant and difficult network security challenges to contend with. Due to the discreet nature…
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Definitions in a Professional Liability Policy for Architect…
Definitions in a Professional Liability Policy for Architects/Engineers Professional liability insurance policies contain a section entitled definitions. While the definitions may not seem important, they establish the meanings of key…
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What does a Business Owners Policy Include?
If your a small business owner, the Business Owners Policy (or BOP) was designed by insurance companies just for you and your business protection needs. A business owner’s policy combines…
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THE GRAND FINALE: THE INDEMNIFICATION CLAUSE: WHAT IS IT AND…
THE INDEMNIFICATION CLAUSE Great American’s Professional Liability’s “Year of the Contract” is coming to an end. Over the last 12 months, we have dissected various contract provisions that should be…
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Firm Name on Professional Liability Policy
Firm name on professional liability policy for architecture/engineering firms- While it may seem like a minor issue to have the correct firm name on your policy, it may not be…
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