How Effective Risk Management Training Can Address Potential Indicators of Risk
When weighing the risks of design and construction professionals, professional liability underwriters typically look at indicators such as a firm’s size, billings, geographic location, clients, professional services provided, and project types.
Text
When weighing the risks of design and construction professionals, professional liability underwriters typically look at indicators such as a firm’s size, billings, geographic location, clients, professional services provided, and project types. Actuaries collect data on these claims indicators that help predict a firm’s risk exposure. Victor conducted a study to determine what additional factors, besides those supported by actuarial data, underwriters should look at when assessing a firm’s risk.
More on Professional Liability
Pitfalls of the Profession by LegaLine
Components ▪ Contracts ▪ Legal ▪ Professional Liability ▪ Professional Practice ▪ Risk ▪ Small Firms ▪ Webinar
Protecting Profitability: Managing Professional and Contractual Exposures
Contracts ▪ Legal ▪ Professional Liability ▪ Professional Practice ▪ Risk ▪ Webinar
If not you then who? The architect’s role in addressing climate risks
News ▪ July 2024