Category: Business Coverage

Business Coverage Professional Liability

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…

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Business Coverage

Avoid Overtime Penalties

Are you clear on the federal pay rules for compensating overtime correctly so your firm isn’t confronted with audits, back pay, and fines? Paying employees overtime pay can be an expensive proposition. Under the Department of Labor (DOL) rules, businesses are not required to pay an employee overtime if the employee is considered “exempt” from…

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Business Coverage Professional Liability

New! Free Guides for Your Practice

Drones and cyber liability are all over the news these days. And they have big implications for architectural practice. The AIA Trust has just published guides on each of these topics to help architects navigate new regulations and risks.   An Architect’s Guide to Using Drones Drones—also called unmanned aerial vehicles (UAVs) or unmanned aerial…

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Business Coverage Professional Liability

Digital Practice Risks

The AIA Trust new risk report, “BIM Me Up, Scotty: Navigating Risk in Digital Practice” focuses on how to successfully manage your digital practice risks. While there has not yet been a proliferation of claims, risk management can be preemptive. This report looks at risk assessment and the risk-sensitive areas of the BIM process. A…

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Business Coverage

Cyber Liability Is Real

Cyber liability insurance is a valuable risk management solution that addresses the emerging coverage gaps found in traditional professional liability policies. This is mainly due to the increasing reliance on technology and the use of data in design firms. From criminals tricking you into paying false invoices, to liability arising from lost data, to income…

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Business Coverage Professional Liability

Insure Your Firm’s Future

The AIA Trust Professional Liability Database is a resource designed especially for AIA members, detailing everything you need to know about risk management and professional liability. A searchable directory of more than 40 professional liability insurers, the AIA Trust Professional Liability Database gives AIA member architects critical information about one of the most important purchasing…

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