In 2023, Great American’s Risk Management Newsletter Series focused on contract provisions and ways to tighten your contract language to best protect you and your firm. This year we will…
Risk management tools available for architect and engineering firms- Insurance policies are a part of a risk management program for design firms. However, there are additional risk management tools available…
Reporting a Potential Claim It is very important to report a potential claim or situation to your professional liability carrier as soon as you receive notice. Notice can be a…
Like many things you may not have covered extensively (or at all) in architecture school, certifying the Contractor’s application for payment is an underemphasized but critical component of an Architect’s…
Risk Management Seminar Join Professional Underwriters this Thursday, April 18th for our 34th annual Risk Management Seminar for Design Professionals. This 4 hour program is registered with the AIA/CES for…
In 2023, Great American’s Risk Management Newsletter Series focused on contract provisions and ways to tighten your contract language to best protect you and your firm. This year we will…
Like many things you may not have covered extensively (or at all) in architecture school, certifying the Contractor’s application for payment is an underemphasized but critical component of an Architect’s…
Having the professional liability policy to protect your firm is a benefit. However, the policy does have additional values that your firm may not be aware of or utilizing. One…
WAIVERS OF SUBROGATION In the complex world of construction and design, professional contracts are very important to both successful projects and limiting potential claims against design professionals. These agreements outline…
For many design professionals an indemnification obligation is one of the most confusing clauses they may see in a professional services contract. Contributing to that confusion is when a duty…
Ways to improve my architecture/engineering firm’s professional liability renewal premium- The renewal premium is based on the fully completed professional liability renewal application, but there are some ways to help…
Claims Made Policy How does claims made work on a professional liability policy for architects/engineers? Claims made is the most common type of policy for professional liability. Claims made means…