Resource Type: Article

Designing for the Future: Avoiding Intellectual Property Claims

From 2009 through 2018, almost all intellectual property claims against design professionals in the Victor and CNA program involved copyright issues. Intellectual property, perhaps the most valuable asset for design professionals, includes trademarks, patents, and copyrights. While intellectual property claims in the program were minimal, design professionals should be aware of these risks arising from…

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5 Tips on Whether to Buy Long-Term Care Insurance

One of the most difficult decisions in long-term care planning is whether to purchase long-term care insurance (LTCI) and which product best suits your needs. On the one hand, LTCI premiums are high and they may be raised in the future. Plus, if you are in your 50’s and 60’s when purchasing policies, the need…

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Technology and Transformation in Architecture

Integrating architectural services into a more collaborative design and construction process is transforming practice today. And younger architects are leading this transformation. Design creativity and instantaneous communications are two key characteristics of the youngest generation in the architecture profession. Rapid changes in technology provide transformational tools to enhance both creativity and communication. New technological tools…

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Emerging Professionals and Disability Insurance

Emerging professionals work hard—you apply yourself to everything you do. You thrive by embracing the changes you know life brings. Yet starting your career is only the first step toward achieving financial stability—since all of life’s events cannot be predicted. As you start your future, how do you protect your income? Accidents and illness happen…

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Take Cyber Liability Exposures Seriously

Professional service firms are facing an increased exposure to cyber liability. According to Victor, many firms do not take the necessary steps to secure their systems, guard their digital assets, protect confidential client information, and maintain productivity. Each firm should have digital protection protocols that help avoid or minimize data breaches. There should also be…

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Yearly Financial Checklist

A new year is an excellent time to consider how you’re doing financially and set goals for the year ahead. Pursuing your goals may be easier when you focus on one specific priority each month. This calendar of ideas will stimulate your thinking about dollars-and-cents objectives. January Pay off any holiday season credit card bills…

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One Trip Away from Financial Crisis

Most people will agree that quality medical insurance is an important part of an individual’s overall health and wellness. However, there is a great deal of variance in the level of coverage offered. In addition, the level of emergency coverage and the type of emergency services included in a medical policy are significant because emergency…

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Ten Things To Know About P3s

In her role as Director of Victor’s Risk Management Services, Yvonne Castillo will be expanding the company’s resources in terms of project delivery for public works. She’s identified the 10 things on which architects should focus when trying to enter the public-private partnership or P3 project delivery market. With governments across the nation struggling to…

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Protect Your Firm from Ransomware Disaster

In this age of increasing cyber crime, professional service firms either have been victims of ransomware or likely will be eventually. Firms that have experienced the chaos and despair that a ransomware attack causes know that the effects are costly, debilitating, and damaging to a firm’s reputation. Through staff education, comprehensive data protection procedures, and…

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Materials Transparency: Opportunities and Risks

Materials transparency refers to an advocacy movement that promotes requiring manufacturers to fully disclose the material content and chemical makeup of products used in the construction of the built environment. The disclosure is in reference to a pre-determined list of substances that have been identified for potential harmful impacts to human health and the environment.…

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