While design firms and contractors work together on projects, what the firms do on the project are quite different. The first area that architects/engineers should be aware of is in…
While it may seem a bit tedious it is important to read your firm’s insurance policies to know the details of each policy. Your professional liability policy is what is…
Who sues and why? Uncovering the wide range of D&O exposures in private companies Private companies often underestimate the extent of D&O liability, mistakenly believing that disgruntled shareholders are the…
The design work your firm does is extremely important. Every good project starts with a strong contract. Keep in mind that before a project begins the contract and negotiations on…
Please join us online or in person for a brand new Risk Management Seminar in Colorado! For the first time ever we will be live streaming this event! Available to…
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…
Risk management tools available for architect and engineering firms- Insurance policies are a part of a risk management program for design firms. However, there are additional risk management tools available…
Reporting a Potential Claim It is very important to report a potential claim or situation to your professional liability carrier as soon as you receive notice. Notice can be a…
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…
Risk Management Seminar Join Professional Underwriters this Thursday, April 18th for our 34th annual Risk Management Seminar for Design Professionals. This 4 hour program is registered with the AIA/CES for…
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…