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 MoreTopic: Professional liability
Avoiding 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 MoreGlobal Climate Talks: Connecting the Dots to Architecture
The COP26 (Conference of the Parties) climate talks took place in Glasgow over the first two weeks of November. These meetings between heads of state around the world may seem far removed from your daily business concerns, but in reality, the actions taken and resulting agreements may have far-reaching consequences for your business model, including…
Read MoreWebinars on Demand
These invaluable AIA Trust webinars were recently held live on critical risk topics—such as climate change, IPD, Mediation, and health insurance AND the recordings and handouts are now posted to the AIA Trust website, with most offering continuing education credits.
Read MoreIPD Risks and Rewards
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…
Read MoreAnnual Survey of Professional Liability Insurers
Each year, the AIA, ACEC, and NSPE jointly survey the principal professional liability carriers. The three groups along with the AIA Trust also interview most of these carriers to discuss trends and developments. The results of the survey are published here. For more information about the insurers, you may also visit our Professional Liability Insurance…
Read MoreThe Risks and Rewards of Integrated Project Delivery
Historically, the design and construction industry has created silos around the owner, designers, and builders in an attempt to protect each from liability. While this may have reduced exposure in some instances, it has resulted in a lag in innovation and productivity in the industry. Owners have experienced this firsthand, and many forward-thinking owners are…
Read MoreCondominium Projects Webinar
If You Build It, They Will Sue The 90-minute webinar, “Condominium Projects: If You Build It, They Will Sue,” focuses on the risks faced by architects in designing condominium projects which include residential subdivisions, common interest developments, and mixed-use projects. Jacqueline Pons-Bunney, Esq. and Peter Stacy, Esq., respected construction attorneys who run the new Practice Coach…
Read MoreTaking the Lead to Address Climate Change
As the climate changes and extreme climate variability characterizes our daily lives, design firms must respond in their solutions for the built environment. This webinar held on 10/18/21 discusses the challenges that professionals face, strategies for managing risks, and the support that professional liability insurance provides while firm provide innovative and productive solutions through their…
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