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…
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…
Architects/engineers professional liability renewal quotes- At the end of the policy term your professional liability policy will need to be renewed. The policy term may be one, two or a three-year term, read your policy carefully to know your firm’s…
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)! We are nearly twelve weeks into 2023,…
CYBER LIABILITY Identifying your risk level can help you determine the ideal package of insurance coverage to mitigate potential losses from a cyberattack. Below are some of the key coverages provided in a Cyber/Network Security Liability. Security Breach Expense Coverage for…
Completing professional liability applications for architects and engineers- When your firm completes the professional liability renewal application each year many items will carry over from the last application completed. But there are a few areas that are key to complete….
Sailing the High C’s: Contracts, Communication, Coordination Join Cindy King from our Colorado office on April 6th for a very informational seminar! PLEASE RSVP BY THURSDAY, MARCH 30th at cking@profunderwriters.com It’s true that “smooth seas never made a skilled sailor.”…
Common endorsements on an architects/engineer’s business owner policy- There are several endorsements that are available on a business owner policy, these are some of the more common endorsements for architects and engineers. Blanket additional insured endorsement. This provides the additional…
What is Crisis Management coverage? You may see Crisis Management coverage in your professional liability policy. You may wonder what is and what does it cover? If there’s a crisis at your business or operation that may result in liability…