By Rob Hughes | Enterprise risk management provides a formal process for firms to examine their critical risks in context, and implement cost-effective risk management and risk-financing solutions.
Ames & Gough
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By Rob Hughes | This subtle but onerous language is becoming fairly widespread in design contracts and, if overlooked, could leave design firms with significant, potentially uninsured exposures.
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Design firms in the process of renewing their professional liability insurance will find the marketplace generally stable and competitive, even amid uncertainty created by COVID-19.
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In the current economic environment, avoid costly payment disputes and counterclaims by choosing clients carefully and staying on top of your receivables and collections.
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Firms should evaluate their services, internal IT systems and controls, and check their insurance to make sure they have the protection they need.
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Ten takeaways from the Ames & Gough survey of 15 leading insurance companies providing AEC professional liability insurance in the U.S.
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Careful review of certifications with your legal counsel and insurance advisor will enable you to better address the needs of your clients and lenders.
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As market conditions for professional liability insurance evolve, there’s a great deal you can do to position your firm for a more favorable renewal.
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In an M&A deal, the seller’s professional liability insurance for legacy projects will likely come into play. Deal with it early on.
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Considering a design project in the fledgling cannabis industry? Make sure your professional liability coverage won’t go up in smoke.
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For AEC firms, findings of latest annual professional liability insurer survey may help guide 2019 risk management and renewal strategies.
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As communities look for ways to protect themselves from large-scale weather-related events, design firms are equipped to help them meet the challenge. Through mid-2018, the U.S. experienced six weather and…