Roadway Projects and Bodily Injury Claims
In 2023, Great American’s Risk Management Newsletter Series focused on contract provisions and ways to tighten your contract language to best protect you and your firm. This year we will…
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Cyber Liability Coverage Options
Give your firm piece of mind with Cyber Liability/Network Security coverage. The options may seem overwhelming or confusing, but the policy can be tailored to your firm’s needs. Here are…
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What is an insuring agreement on architects/engineers’ insur…
An insuring agreement is a legal contract between the insurance company and the entity being insured. It is the portion of the policy that the insurance company promises to make…
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Should I switch insurance companies on our professional liab…
Should my architecture/engineering firm switch insurance companies on our professional liability renewal when we have an open claim? It is typically advised that you stay with the same insurance company…
Read MoreWhat is Business Income Insurance
Understanding the Business Income Definition Business income insurance, sometimes known as business interruption insurance, helps cover the loss of business income if you can’t operate because of a covered peril.…
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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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