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…
Read MoreTopic: Professional liability
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…
Read MoreNeed A Practice Coach?
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. Practice Coach is an AIA Trust member benefit service, based on the former LegaLine, that offers members access to qualified professionals who can…
Read MoreInsurance 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.
Read MoreNavigating 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,…
Read MoreStrategies 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…
Read MoreDesigning for Hedonism: Guide to Brewery Design
The production and retail sale of alcohol has a long history in the United States, interrupted only by Prohibition in the 20th century. Because of this, those who provide services to the alcohol industry have historical data to assess the risks and benefits of engaging in this industry. However, there continues to be change in…
Read MoreDisability, Accessibility & Liability: What an Architect Should Know
All architects understand the importance of accessibility, but this AIA Trust report about disability, accessibility & liability is a helpful resource whether you are starting your first public building design, completing documents on your first multi-family residential project, or–heaven forbid–you have been named in a lawsuit and want to help your attorney get up to…
Read MoreInsurance Checklist
Be sure you have the coverage you need to run your firm successfully. Review this checklist to consider vital insurance coverage and other important products needed to help make you & your new firm successful.
Read MoreManaging Professional Exposures as a Small Project Practitioner
This 60-minute webinar on Managing Professional Exposures as a Small Project Practitioner presented by Frank Musica, Assoc. AIA, Esq. of Victor is aimed at educating members about identifying and managing the professional risks faced by small firms. After listening to the entire webinar and reviewing the handout, you may email your name and member number with your…
Read MoreManaging Professional Exposures as a Small Project Practitioner
