Topic: Professional liability

An Architect’s Guide to Buying Cyber Liability Coverage

Cyber Liability has become a hot topic due to high profile cyberattacks. Increasing awareness has fueled demand for cyber liability insurance and the number of insurance carriers writing coverage has increased. Since there is no standardized policy form, comparing the policy forms to identify key coverage differences is important for the architect to make an…

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Understanding Property Insurance

Design firms should understand the need for proper insurance to cover the loss or damage to their firm’s real and business personal property. This publication is for general information only. It is not legal advice and should not be construed to define the coverage of the Victor and CNA property insurance policy. Consultation with local…

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Understanding Commercial General Liability

Commercial General Liability (CGL) insurance is an important coverage for any business. Understanding this coverage is an important first step in managing CGL risks. This publication is for general information only. It is not legal advice and should not be construed to define the coverage of the Victor and CNA commercial general liability insurance policy.…

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Business Owners Insurance: FAQs

This FAQ on Business Owners Insurance (BOP) will answer pressing questions such as: What is Business Owners Insurance? Who is eligible for property and casualty coverage? What is the minimum premium for BOP policies? And more

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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. 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…

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Selecting Professional Liability Insurance and a Broker

When you are awake at night worrying whether or not your proposal to a prospective client for an RFQ will be good enough–the last thing you need to worry about is whether or not your professional liability insurance is adequate and whether it will protect you for the work you just proposed. According to various…

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Call LegaLine

Small firms and sole proprietors with many questions but limited resources often wish for a convenient and cost-effective way to get the risk management assistance that they need to make important decisions. LegaLine is an AIA Trust member benefit service, formerly known as Practice Coach, that offers members access to qualified professionals who can help…

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Insurance Beyond D&O

This webinar is about directors & officers (D&O), general liability and other insurances, plus types of claims, available limits, and sample pricing. 

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Professional Liability

Navigating Risk in Digital Practice

Two AIA Trust reports about digital practice risks have recently been updated. The 2021 Guide to Cyber Liability Coverage by independent insurance expert, Insurance Buyers’ Council, Inc., will help you understand what you need to know about cyber liability coverage for your firm. The 2021 update of BIM Me Up, Scotty–Navigating Risk in Digital Practice,…

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Strategies for Managing Risk on Design/Build Teams

When you are looking to pick up the right contractor for your Design/Build team, the Design Build Institute of America (DBIA) suggests that it should be a firm that you already know and with which you have done prior business. The report, Strategies for Managing Risk on Design/Build Teams, can guide you in developing an…

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