Moonlighting for Architects/Engineers Should I be concerned if my employees are moonlighting? The key is for a professional service firm to have a workable provision in an employee handbook. There are very few instances where an employer is held liable…
Key definitions in an architecture/engineer professional liability policy- The whole policy is important for your firm but there are a few definitions to review. The definition of the insured and insured person is important. Depending on your firm’s policy there…
ae ProNet Newsletter – May 2023 The May 2023 newsletter from ae ProNet discusses the questions you should asking your insurance agent when renewing your professional liability policy. While the decision alone can be a large task, the application itself can…
Explaining the different insurance policies for my architecture/engineering firm- There are several insurance policies your firm may need for the business and for contract requirements. Here is a brief synopsis of those policies and what they cover. As always, read…
GREAT AMERICAN 2023 RESOLUTION CHALLENGE TAKE 2: A BETTER CONTRACT Drink more water. Spend less money. Establish an exercise regimen. We all made these cliched New Year’s resolutions to better ourselves as we entered the new year (present company included)!…
Mergers, Acquisitions, Spin-offs, and Dissolutions of Architect/Engineering Firms If your firm is looking at merging or acquiring another firm review your firm’s policy to understand how this will work. Here is an example of a policy’s wording: Mergers, Acquisitions, Spin-offs,…
What is Social Engineering? Email is a main communication tool for most businesses. On a desktop, laptop, tablet, and even our cellular phones. This puts our employees at risk of a social engineering attack. But, what exactly are the types…
What is a broker of record on professional liability insurance for architects/engineers? The broker of record may also apply to other types of policies, such as business owner policy and workers compensation. The broker of record is the agent who…
Professional liability claims assistance and cooperation for design professionals – Your firm has reported a claim to your insurance company, now what. Your firm is required to provide assistance and cooperation with the claim. Here are a few examples of…
Why Buy Cyber Liability? 10 REASONS ARCHITECTS, ENGINEERS & CONTRACTORS NEED TO BUY CYBER LIABILITY INSURANCE NOW 1 | PRIVACY LAWS Forty-seven states, the District of Columbia and the federal government have privacy laws requiring prompt notification if personally identifiable…