Insurance

Professional Liability claims trends for Design Firms.  The more information your firm has about the types of projects, claimants and types of claims the better prepared your firm is.  With…

    Insurance Information for New Design Professionals is very important in the world of architects and engineers. The task of completing a degree in Engineering or Architecture is one…

Project policy vs. project Specific Additional Limit Endorsement (SALE).  What is the different between a project policy and a SALE or project endorsement? A project policy is a separate Professional…

Professional Liability claim process for Design Professional firms.  The first question that your firm may ask is ‘what is a claim?’  If you think it’s a claim it probably is. …

Our Design Professional firms are merging, how does this work with Professional Liability insurance?  Merging firms can be tricky for many reasons involved but one major factor that is important…

What is a mediation credit on a Professional Liability policy?  Some insurance carriers offer a reduction on the deductible if your Design Professional firm resolves a claim with the use…

What are supplementary payments in a Design Professional’s Professional Liability policy in the event of a claim? Just as it states, Professional Liability policies do have supplementary payments available in…