Risk management program for architects/engineers- The beginning of the year is a good time to assess what your firm is doing for risk management. It is important to have risk management program at your firm so that projects, that may…
CONTRACT WISH LIST FOR DESIGN PROFESSIONALS – PART III This is Part III in a series discussing risk and liability mitigating terms and conditions that are beneficial to seek to include in your next design professional contract. In our first…
Comparing professional liability quotes for architects/engineers- While it is easy to look at a renewal premium with different companies and choose based on the premium, there are several policy terms to consider when choosing an insurance company. One major item…
That valuable gift you received could take weeks or months worth of income to replace if you are a victim of theft, natural disaster or other unforeseen events. Most homeowners insurance comes with a limited amount of protection for valuable items. For…
Give Back: Adopt-a Family at Christmas! Professional Underwriters has partnered with the Novi Youth Assistance to participate in their Adopt-a-Family program this Christmas. We’ve been proudly donating new toys, clothes and household items to less fortunate families since 2009. Not only…
Interpreting professional liability policy loss runs for architects/engineers – Loss runs or a claims history report, shows how many claims, circumstances and pre-claims your firm has filed under the professional liability policy. Here are some items to review when you…
Videoconferencing Can Raise Professional Liability Exposures Design firms have changed their practice management procedures because of pandemic-related restrictions placed on office settings, travel, and in-person meetings with clients, government offices, contractors, and others involved in putting a capital asset in…
What is your architecture/engineering firm responsible for in the event of a professional liability claim? Your firm is responsible for working with the insurance company on the professional liability claim. This entails several items. First, reporting the claim with as…
ae ProNet SCHOLARSHIP WINNER JENNIFER STIEBEN’S COLLABORATION ON BELLEVOIR ORMSBY ESTATE IN LOUISVILLE Jennifer Stieben is a recipient of the 2022-2023 David. W. Lakamp Scholarship. This scholarship was initiated in 1990 and renamed in 1999 for David W….
Managing Construction Claims Risk In The Age Of Gen Z & The Great Resignation Construction and design professional firms that ignore how to effectively manage their workforce during this Great Resignation and post-Covid remote-work era will likely experience a significant…