Most architectural firm owners and managers must address critical priorities in addition to the business of architecture. These include managing taxes, attracting and rewarding valued employees, and establishing a long-term strategy to ensure their own financial security. Fortunately, as a firm owner, you have an option that could help to address all those goals: sponsoring…
Read MoreAuthor: Fabio Silva
We Want Your Input!
To guide the development of future AIA Trust risk management-related member benefits and resources, AIA members are invited to complete a quick survey. As the premier risk management resource for AIA members and their firms, the AIA Trust is now strategically exploring how we continue to offer AIA members valuable practice resources and member benefit…
Read MoreHurricane Preparedness Checklist
Hurricanes are unwelcome anywhere, but it’s crucial to prepare for the worst before a storm is threatening your region. Early preparedness is the best way to get peace of mind and avoid major headaches following a storm—not to mention keeping you, your family, and your property safe and secure during a hurricane. The most important…
Read MoreDo You Know?
Do you know that when you design a building, you automatically own the copyright to not only your drawings and plans, but you also have a copyright to the design as well? When you design a building, the copyright belongs to the person or persons who created the plans or design. Some project…
Read MoreComponent Programs & Special Incentives
AIA Trust Component Grant Awards
In 2022, 19 highly competitive component program funding requests were submitted for the AIA Trust Component Grant Program. The grants program is made possible by Victor and CNA, the providers of the AIA Trust Professional Liability Insurance, Business Owners, and Cyber Liability Insurance programs. Victor and CNA work with the AIA Trust to offer AIA…
Read MoreDo you know which business type is right for you?
Do you know which business type is right for you? States generally allow businesses to operate as sole proprietorships, partnerships, corporations, and limited liability companies (LLC), and some have variations on these basic business types such as professional corporations and limited liability partnerships. Each business type serves a specific purpose, situation, or concern relating to…
Read MoreHelpful Healthcare News
The Covid-19 stimulus bill or American Rescue Plan (ARP), signed into law in March 2021, contained a very important Affordable Care Act (ACA) expansion, relevant to AIA members. The ARP bill removes the income cap for federal premium subsidies for 2021 and 2022. This means that everyone is now eligible for a federal premium subsidy…
Read MoreNavigating Risk in Digital Practice
Two AIA Trust reports about digital practice risks have recently been updated. The 2021 Guide to Cyber Liability Coverage by independent insurance expert, Insurance Buyers’ Council, Inc., will help you understand what you need to know about cyber liability coverage for your firm. The 2021 update of BIM Me Up, Scotty–Navigating Risk in Digital Practice,…
Read MoreNew Health Plan Options for AIA Members
The AIA Trust has just formed a unique partnership with Pendella: a 50-state virtual insurance agency designed to support business owners and their employees with all their individual and employee benefits needs–including health insurance. With over 50 years of combined experience in insurance, human resources, and benefits administration technology, the Pendella team, complete with licensed…
Read MoreNew Policy Expands Definition of Insured
For more than 60 years, the Victor and CNA professional liability program has maintained a solid and stable base policy while introducing innovative expansions of coverage. Just as the design and construction industry has evolved, so has their policy. The CNA policy has now expanded the definition of the term insured in a significant way…
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