Cyber Liability Insurance – Who Needs It?
Who Needs Cyber Liability Insurance? Every type of organization, from global companies to mom and pop shops that use technology to do business, face cyber risk. As technology becomes more complex…
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Who is Covered Under a Professional Liability Policy?
Who is Covered Under a Professional Liability Policy? Professional liability insurance helps cover you and your company if you make a mistake in your professional services. This coverage is also…
Read MoreProfessional Services Defined in a Professional Liability Po…
Professional Services Defined in an Architects/Engineers Professional Liability Policy Insurance companies each have defined what ‘professional services’ are in their policies. This definition in important when your firm is defining…
Read MoreProfessional Liability Claim?
Professional Liability Claim What do I do when I have a Professional Liability claim? Ignore it and hopefully it will go away. This is not an uncommon response to potentially…
Read MoreDispute Resolution
Dispute Resolution It is inevitable that all design professionals will come across a fee dispute during their career. While using a well crafted contract such as the AIA standard form…
Read MoreDeclarations Pages – What Are They?
Declarations Pages – What Are They? What are declarations pages on a policy for my architecture/engineering firm? These are the first few pages of a policy that state the named…
Read MoreDirectors & Officers Liability Insurance
Directors & Officers (D&O) Liability Insurance The financial assets of your clients’ organizations and the personal assets of the directors & officers can be at risk with every decision they…
Read MoreReport a claim or not?
Report a claim or not? The first question your firm should ask, is this a claim based on the definition of claims in your firms professional liability policy. Here is…
Read MoreUtilizing Pre-Claim Assistance on Your Professional Liabilit…
Pre-claim assistance is included in most commercially available Professional Liability insurance policies. If you believe your firm needs claim prevention assistance, you should: Contact your broker as soon possible to…
Read MoreReporting Claims
Reporting Claims – Architects/Engineers Professional Liability Policy Your firm is responsible for reporting a claim or circumstance to the insurance company as soon as your firm is aware of the…
Read MoreScope of Services
Scope of Services In the design professionals industry, a scope of services sets out precisely what services a design professional will be performing on a particular project. A scope of services may be a particular…
Read MoreProject Endorsement on a Professional Liability Policy for A…
Project Endorsement on a Professional Liability Policy for Architects/Engineers Your firm may receive a request to increase your limits of liability on your professional liability policy for a specific project. …
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