Request For Proposal (RFP) One of the challenges that our clients face almost every day is responding to a Request For Proposal (RFP). Because this is an important part of our clients responsibilities, we are always happy to assist…
“Contractors Insurance Requirements – A Primer” Commercial insurance for a general contractor is different than the insurance that a subcontractor needs to carry. Really?? Many owners, generals, construction managers don’t realize the importance of requiring insurance ‘apples to apples’. In this AmWins…
Waiver of Subrogation What is waiver of subrogation on insurance policies for Architects and Engineers? Waiver of subrogation is a contractual provision where your firm agrees to limit the rights of its own insurance carrier. The insurance carrier would not…
It’s the season for giving! Protecting Your Christmas Gifts After the excitement of Christmas has faded, you should begin to think about protecting those precious gifts you received. A valuable item can take a week,…
Mediation Deductible Credit in a Professional Liability Policy for Architects and Engineers Many carriers will give a credit to your deductible if your firm agrees to mediation during the claims process. Below are examples of the mediation credit in policies:…
Review of supplementary payments in a Professional Liability policy for Architects and Engineers The supplementary payments will vary for each insurance company, be sure you review your policy so that you are aware of the supplementary payments in your firm’s…
GIVING BACK! Professional Underwriters has partnered with Novi Goodfellows, Oak Pointe Church and Novi Youth Assistance to participate in their Adopt-a-Family program. We’ve been proudly donating new toys, clothes and household items to needy families since 2009. Not only does it put…
Professional Liability for Architects and Engineers – defining Professional Services Each insurance company has a different definition of what is considered a Professional Service under the policy. It is essential that your firm is aware of what services your firm…
5 Extra Special Gifts to Give Your Clients This Holiday Season The holiday season will creep up quickly on the unsuspecting small business owner and before you know it, it’s time to start buying and delivering holiday gifts to your…
Extended Reporting Period Options with Professional Liability Insurance Companies for Architects and Engineers An Extended Reporting Period, also called tail policy or ERP, is an extended period of time after the end of the policy period for reporting claims to…