Risk Management

Assess your risk by considering the statute of limitations, potential for future claims (especially after closing or retirement), and carrier options like free tails or multi-year costs, then select a period (often…

Key factors to consider when choosing a professional liability insurance company for my architecture/engineering firm.  When comparing your options, look beyond the price and consider these factors: Coverage limits: Ensure the…

It is important to know when to report a claim to your insurance company but commonly the answer is as soon as your firm knows.  Here are some guidelines to…

June was Internet Safety Month!  It’s a time dedicated to raising awareness about online safety and promoting responsible digital habits.  Businesses need to  focus on protecting personal information, avoiding scams,…

Not only will risk management provide additional protection and education for your firm but it could provide additional premium credit for your firm’s professional liability policy. Typically, there isn’t one…

Risk management is a very important piece of running a design firm.  There are many risks that architects/engineers take daily, it’s good to know what those risks are and how…

Extended Reporting Period (ERP) Your firm may have decided not to renew your professional liability policy due to retirement, or the firm is closing.  Your firm has the option to…

Contracts are the ‘start’ of a project, it is the point on which your firm and your firm’s client agree on the details of what will transpire on the project. …