Newsletters

Client Selection: Number One Professional Liability Risk

As the nation’s most experienced insurer of architecture firms, the Victor and CNA program has the largest base of claims to inform architecture firms of their greatest professional liability exposures and methods to keep those exposures from generating claims. For architectural firms, clients are the source of most claims, and they often influence third-party claims…

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Upcoming Webinars

Be sure to register for these invaluable upcoming AIA Trust webinars on critical risk topics—such as climate change, IPD, Mediation, and health insurance — free to AIA members and most offering continuing education credits (including one HSW).

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IPD Risks and Rewards

A new AIA Trust risk report, The Risks and Rewards of Integrated Project Delivery (IPD), has just been published – in advance of an October 28th webinar about this topic to be offered free to AIA members for 1.5 LU credits.

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Alternative Healthcare Options

As a firm owner, determining the type of health coverage you can provide your employees and their families can seem like a daunting task, especially when it comes to knowing all of your options. There are a number of different health plans available to business owners in addition to traditional health plans. This information about…

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Encouraging Employee 401(k) Savings

Offering a 401(k) retirement plan for your practice in which your employees can participate is a valuable benefit. Frequently, motivating your employees to appreciate and take advantage of this benefit can be a challenge. However, a retirement plan with engaged, informed and participating employees is a successful retirement plan.

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AIA Trust launches all-new website

The new AIA Trust website is designed to simplify identifying the benefit plans and practice resources for AIA members and components that can help them effectively manage their risks. The AIA Trust offers a portfolio of risk management solutions and resources designed to help AIA members grow and prosper. All programs are exclusively developed for…

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5 Ways to Avoid Buying Flood-Damaged Cars

A used car is a great way to get around without breaking the bank—unless it has undetected flood damage. In that case, you could inherit problems like short-circuited electronics, overheated engines, and warped brakes–all of which could put your safety at risk.

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Travel Insurance During Covid-19

The Covid-19 pandemic has necessitated a closer look at travel insurance plans and carriers—specifically what they cover and what they don’t. It’s important to consider plans that meet high benefit and coverage standards that travelers are seeking right now.  

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Health Insurance for Employee Architects

2021 Update It is critically important that all architects have health insurance coverage for themselves and their families.  Often younger people believe they are in good health and since health insurance can be expensive, they may opt to go without health insurance coverage.  This could be a huge financial mistake. An accident or an unforeseen…

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Firm Management Strategies

The AIA Trust recently published a paper titled “Firm Management Strategies” based on interviews with various sized firms from around the country about how they have managed through various catastrophes and endured—often emerging stronger than before. The paper examines some of the similarities and differences between managing a firm during the Great Recession that began…

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BOP’in Along in the New Economy

Those in the architecture community often equate risk with professional liability. Because of state licensing laws and the general legal treatment of professionals, liability in the performance of professional services is a significant risk. When failure to meet the standard of care for professional services harms a project stakeholder or results in injury to the…

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Choosing the Right Retirement Plan for Your Firm

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…

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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…

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Traveling with Your Pets

Summer is here and nothing helps to shake off winter’s icy chill like a relaxing weekend away with your favorite furry friend! Taking your pet on a trip can be an unforgettable experience. Road Travel Before hitting the road, have your dog burn off some energy with a brisk walk around the block or a…

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Upcoming Webinars

Be sure to register for these invaluable upcoming AIA Trust webinars on critical risk topics—free to AIA members. Retirement Risks & Reality September 16, 2021; 12PM–1PM ET Participants will learn ways to calculate future retirement needs, decisions to make when funding a firm’s retirement plan, how to select the appropriate retirement plan for one’s firm…

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Hurricane 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…

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Do 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…

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AIA Trust Component Grant Awards

In 2021, 17 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…

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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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Term Life Insurance Solutions

Most people envision fantastic futures for themselves and their families. And whether you’re sending children to college, purchasing a new home, or starting a business, your income is the engine that turns your aspirations into reality. But what if you were to die? How would this affect your family’s plans? Life insurance has proven to…

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