FAQ on Business Owner Policies for architects & engineers. These are some of the common questions we receive with regards to Business Owner policies for design professionals. Why does the insurance company need information about the building in order to…
CYBER INSURANCE MARKET UPDATE 2019 By Aubrey Gene | July 09, 2019 at 12:00 PM – Presented by National Underwriter PropertyCasualty360 Historically, buyers of cyber coverage have been large organizations in industries like health care, finance and retail. Makes sense, right? They store…
FAQ on Workers Compensation for Architects & Engineers These are some of the common questions we receive with regards to Workers Compensation for design professionals. Why my firm is receiving audit paperwork to complete? – The workers compensation is an…
CYBER COVERAGE It takes only one cyber event or data security breach to impair your company’s financial results, or even potentially put you out of business. One resourceful hacker, virus, or system glitch can shut down your entire network within…
Fireworks Safety Summer is synonymous with barbecues, parades and fireworks. The National Safety Council advises everyone to enjoy fireworks at public displays conducted by professionals, and not to use any fireworks at home. They may be legal but they are…
FAQ on Professional Liability for Architects & Engineers These are some of the common questions we receive with regards to Professional Liability for design professionals. -What is a claims-made policy? – Claims-made policies are most commonly Professional Liability policies. The…
The Importance of Contract Review for Your A&E Firm While there are many ways an Architecture, Engineering or Design Firm can manage their risk in providing their services to a 3rd party, a thorough contract review is of utmost importance….
DEDUCTIBLE When does my firm have to pay a deductible on a Professional Liability claim? This will all depend on what type of deductible your design firm has a how much the deductible is. The deductible amount and type are…
Avoiding the Nonpayment Quagmire The one true way to truly sour a great project is to endure the headache of a fee dispute at the end of the project. Most firms will experience this truly aggravating process at least once…
Project Exclusions on Professional Liability for Architects/Engineers The question often comes up as to specific project exclusions or inclusions in a Professional Liability policy. The answer is it depends on your policy. Read your policy to understand what projects are…