The rapidly changing climate is on everyone’s mind, whether the impact is felt with immediacy as severe weather in one’s own locality or the unease experienced from recent climate reports and increasing events that impact every place across the globe. The message for architects is becoming clearer every day – that the profession has a…
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A’22 Roundtable: Practice Innovation
The AIA Center for Practice is hosting a firm roundtable discussion at the AIA Conference in Chicago, Rising Strategies for Practice Innovation, building on sessions held at A’18 and A’19. This extended Friday afternoon session will include presentations, facilitated roundtable discussions, and resources for practice innovation.
Read MoreWhy is Insurance Important for Architects?
This Q & A interview with Mike Murphy, a licensed agent and President and CMO for Hagan Insurance Group, the administrator of the AIA Trust insurance programs for architects, helps to answer your questions about life and disability insurance.
Read MoreHow to Budget for Retirement
As the pandemic continues, it’s not surprising that consumers are more anxious about achieving their retirement goals than they were pre-COVID. Nearly two-thirds state that they feel at least some concern over how they’ll maintain their lifestyle in retirement according to a 2020 Equitable Consumer Pulse Survey.
Read MoreDo You Know?
Do you know that most professional liability (PL) insurers offer a “pre-claim assistance” or “loss prevention” benefit to their PL policies? When you are confronted with a difficult situation on a project that has not risen to the level of a “claim” (i.e., no one has asked you for money or services to take care…
Read MoreNew AIA Trust Executive Director
After eleven years as a valued AIA staff member, Elizabeth Wolverton will leverage her skills, talents, and knowledge of the profession as the new executive director of the AIA Trust beginning in May.
Read MoreClimate Impact on Professional Liability
AIA’s 2021-2025 Strategic Plan states that the mission of AIA is to “inspire and empower architects to improve society and transform the world.” A key tool to enabling architects to fulfill this mission is developing a better understanding of architect’s liability as the world changes around us. And professional liability is evolving due to climate…
Read MoreAvoiding Fee Disputes
With the passage of the $1.2 trillion infrastructure act, architecture firms across the board can anticipate more work in the next few years. While the prognosis for the industry is positive, firms should take the time to establish meaningful fee collection practices so that they can remain financially solvent. Avoiding fee disputes with clients helps maintain…
Read More2021 Trends in Professional Liability Insurance
Together with the American Council of Engineering Companies, the National Society for Professional Engineers, and the American Institute of Architects, the AIA Trust participates in an annual insurance carrier interview and review of professional liability trends and risk management issues. Here’s a summary of the fall 2021 review.
Read MoreThe Importance of Employee Benefits for Small Business
For small-business owners, the importance of employee benefits is a significant factor when it comes to attracting and retaining talent. The majority of workers prefer attractive types of employee benefits—like insurance, paid time off, and a retirement plan—over pay raises. Whether you’re competing for talent or keeping the high performers you already have, small-business employee…
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