A new AIA Trust risk report, The Risks and Rewards of Integrated Project Delivery (IPD), focuses on the unique risks and rewards which architects may face when participating in collaborative delivery such as Integrated Project Delivery (IPD), Integrated Design Build (IDB), Integrated Form of Agreement (IFOA), Tri-Party Agreements, and other contracts which include risk and…
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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…
Read MoreEncouraging 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.
Read MoreAIA 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…
Read More5 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.
Read MoreTravel 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.
Read MoreHealth Insurance for Employee Architects
2023 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…
Read MoreFirm 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…
Read MoreBOP’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…
Read MoreChoosing 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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