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Risk Management Webinars

Risk management education is key to managing a successful firm—and utilizing risk management webinars on critical topics is an indispensable approach. The longevity of an organization doesn’t happen by chance. It is the result of careful planning that includes proactive risk management.

Client loss prevention and risk management services are an integral part of the Victor Professional Liability program and an important reason that Victor was selected as the AIA Trust program provider. Since liability exposures are an inherent part of any firm’s practice, Victor is committed to working with firms to help identify and manage these exposures.

AIA members may now take advantage of a wide range of practice management and risk avoidance tools developed by Victor for their policyholders. These tools include a webinar series designed to address key risk management topics for you on current subjects relevant to your architectural practice. Topics developed by risk management experts cover a wide range of practice issues, such as:

  • Changes to AIA documents
  • Materials transparency
  • Cyber liability
  • Managing the risks of various project deliveries, and
  • What should you do if you have a claim?

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2023 Trends in Professional Liability Insurance

The AIA Trust together with the American Council of Engineering Companies (ACEC) and the National Society for Professional Engineers (NSPE) work annually to conduct an insurance carrier review and interview of professional liability trends and risk management issues.  The following are some highlights for 2023 as well as complimentary useful resources made available to you by the AIA Trust.

Avoiding fee disputes

Architecture firms should take the time to establish meaningful fee collection practices so that they can remain financially solvent. Avoiding fee disputes with clients helps maintain positive working relationships while safeguarding the ability to provide services on future projects, including those of existing clients. Timely collection of fees is essential since architecture firms do not…