Surplus lines Professional Liability policies for Design Professionals. What do surplus lines mean? In every State in the United States there are non-admitted insurers (surplus lines) and licensed (admitted) insurers. Non-admitted insurance carrier is not required by the States to…
Data Breaches on the Rise The recent Panama Papers leak is by far the biggest data breach in history. The leak further underlines the need for businesses to carry cyber insurance. Data breaches and cyber attacks are on the rise,…
What factors are affecting your Workers Compensation Policy premium? There are many factors that go into rating your Workers Compensation Policy for Design Professionals. Each carrier has a different prospective of rating on this policy. Also, each State will have…
Insuring the 2016 Olympics How do you do that? And what insurance companies are going to take on that kind of risk? Aside from the obvious health concerns of the Zika virus and unclean water, along with safety advisories against…
What factors are affecting your Business Owner Policy premium? There are many factors that go into rating your Business Owner Policy for Design Professionals. Each carrier has a different prospective of rating on this policy. Below are some of those…
Non-Owned Automobiles When Personal Vehicles Become Business Company-owned vehicles are not the only ones used for business purposes – in many companies, employees use their own vehicles as well. Employees who operate their own vehicles to carry out business create liability…
What limit of liability and deductible should my Design Professional firm carry on the Professional Liability policy? This is a very good question and one that we get quite often. There is no straight answer that can be given on…
Do You Have an Effective Risk Management Program in your Office? Every firm has a different approach to risk management, because every firm has different needs for risk management. One of the best ways to assess your firm’s approach to…
What information your Design Professional firm will need in the event of a Workers Compensation claim? It is good to know what items are important when you are reporting a claim. Below is a list of some of the items…
ACEC Awards First a/e ProNet Engineering Scholarship Winner a/e ProNet is an organization of insurance brokers that specialize in the servicing of design professional firms. Lauren Grimley was awarded by the ACEC a/e Pronet’s first engineering scholarship. Lauren is…