Category: Business Coverage

Business Coverage

Tips for Launching a Successful New Practice

Architects describe the most important things they learned when beginning their firms, including where they got help. Starting your own firm is a challenge; structuring it to survive is a formidable task. If you’re considering developing your own practice, you likely have a wealth of experience and a drive toward entrepreneurship. What you’ll need to…

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Business Coverage Employee Benefits

How the CARES Act May Assist Self-Employed Architects

The new Coronavirus Aid, Relief, and Economic Security Act (CARES Act) that was just made into law may provide economic assistance for architects who are self-employed. Under Title II, Assistance for American Workers, Families, and Businesses the Unemployment Insurance Provisions Eligibility, the new law expands the scope of individuals who are eligible for unemployment benefits…

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Business Coverage

The Threat is Real: Cyberattacks Against Architectural Firms

Many architectural firms are tempted into believing they’re safe from cyberattacks because they don’t consider their data to be “sensitive” enough to attract criminals. A new article published by the AIA Trust is filled with real case studies and highlights how very attractive architectural firms are to cybercriminals, the most successful attack vectors currently in…

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Business Coverage Life & Health

AIA Trust Programs Assist Members

AIA Trust insurance programs are making efforts to assist AIA member insureds during this uncertain time. For example, New York Life Insurance Company has temporarily extended premium payment periods to ensure that impacted members continue to remain insured even if they are having difficulty making premium payments now.  AIA members under age 50 can now…

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Business Coverage Professional Liability

The Perils of Substitutions

While you may have spent years developing a reliable specification based on research and product performance to be sure your work is exemplary, you may be asked to review proposed product substitutions with which you have limited knowledge or experience. Since you may be perceived as obstructionist if you object or viewed as approving the…

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Business Coverage

How to Start & Run Your Own Firm

In case you missed—or just need a refresher—on the A’18 session, How to Start & Run Your Own Firm, check out the AIA Trust web page about Architects Starting a Firm, New in Practice. You’ll find a long list of free practice resources to help you on your way. Available resources include a booklet about…

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Business Coverage

Managing Cyber Threats

It can happen to anyone. An event on a system or network detected by a security device or application: malicious activity that is attempting to collect, disrupt, deny, degrade or destroy information system resources or the information itself. As an architect, if you don’t think you need cyber protection or don’t believe someone would want…

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Business Coverage Professional Liability

Floods Happen—Are You Prepared?

Floods can happen anywhere—more than 20% of flood claims come from properties outside the high-risk flood zone according to FEMA. Architects are impacted by floods through exposures at their offices, their homes, and their client’s properties. So it’s important to understand what flood insurance covers—and what it does not cover—and what you need for your…

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Business Coverage Life & Health Professional Liability

Achieving Virtual Work-Life Balance

With everyone busier than ever, most of us are seeking a balance between our work and our personal lives. Technology now enables extensive communications and thereby opportunities that didn’t exist years ago. Nearly every practicing architect engages in some form of “virtual practice” today because responsibilities require it. So, is an entirely virtual practice now…

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Business Coverage Professional Liability

Quick Risk Review

As a risk management resource for AIA Members, the AIA Trust develops risk reports on topics of critical and evolving risks for architects. If you don’t have time to read the risk reports, new synopses give you the important facts. Check them out now—so you stay out in front of critical risks. Some of these…

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