Honoring an Influential Architecture Historian

 

 

Vincent Scully lived a long life of influencing architects with his lectures and literature. He was a Yale art historian for over 60 years, and had a decisive influence on the architectural practice in the last half of the 20th century. Scully authored books on Greek temples, Palladio’s villas and the American Indian pueblo, American architecture and urbanism, and many ...

Continue Reading →
0

A Closer Look at Professional Liability / E&O Insurance

The insurance that protects your company in the event that a client alleges you made a mistake that caused them a loss is extremely important. For dentists and doctors, this is called malpractice insurance. For design professionals, this is called Professional Liability, Errors and Omissions, or E&O coverage. Whatever you wish to call it, it covers the errors (or omissions) that your company has made, or the errors that your client perceives your company has ...

Continue Reading →
0

Starting a Design Office?

 

Architects and engineers planning to start their own firms will ask us about insurance for the new venture. Typically, small firms start with one or more of these three types of policies:

 

1) Professional Liability Policy

This type of policy pays for legal fees and damage awards connected to an A/E’s design work. This coverage is important because an architect or engineer is personally liable for his or her professional services. There is no way to organize or incorporate ...

Continue Reading →
0

Cyber Awareness Month

 

Created by the U.S. Department of Homeland Security and the National Cyber Security Alliance, National Cyber Security Awareness Month was created to help increase awareness about cyber threats and security measures.

Do you bank electronically?

What happens if you log on one day and $100,000 is missing from your account? You contact your bank. What do THEY say? Likely some ...

Continue Reading →
0

Do you use drones? Here’s what you need to know:

 

Unmanned aircrafts (aka drones) are soon to be an integral part of the design and construction industry, and the insurance industry has been actively preparing coverage for drone use. The issue is not one of professional liability insurance coverage, but is more concerned with general liability exposure.

If a firm uses a drone to gather photos of the 15th story apartment planned for construction, and the view was improperly selected and the tenant sues the developer for false ...

Continue Reading →
0

Meeting with Aon Affinity

 

 

This week, our team of account managers met with Jeff Grigsby, Vice President of A&E Advantage. Since 2015, Axis Insurance has been the national program underwriter for A&E Advantage, Aon Affinity’s professional liability insurance program for architects, engineers, and surveyors. The A&E Advantage program offers pre-claim assistance, online educational training, and many more risk management services to a variety ...

Continue Reading →
0

Site Safety

By Michael J. Maloney

 

There are two sure-fire ways to get tagged with liability for site safety:

  1. Assume site safety responsibility in your contract with the owner, or
  2. Assume site safety responsibility by your behavior on the jobsite.

Option 1 is pretty clear cut, and is easy enough to avoid.  But you and your employees should be on your guard against Option 2.  If your contract specifically excludes site safety responsibility (as ...

Continue Reading →
0

Schinnerer’s 60th

In 1957, architects and engineers of the era needed an insurance solution that could truly protect them; good thing Vic Schinnerer was in the right place at the right time. Schinnerer was the industry’s first-ever insurance policy created and underwritten for architects and engineers, and is the largest program for A/E Professional Liability in the USA. It is commended by ...

Continue Reading →
0

What’s the Best Way to Deal with an E&O Claim?

The best way for an architect or engineer to deal with an Errors & Omissions claim is to avoid it all together.

This is why using a specialty broker like Maloney & Company is so important. Our staff knows the A&E industry making us very aware of the risks that you face and enabling us to give top-notch guidance. Also, we frequently send out risk management materials to keep you updated with the latest trends in the industry. ...

Continue Reading →
0

Travelers New Policy Form

 

 

Our fantastic Travelers professional liability underwriters, Hugo Eraso and Sherry Brathuhn, came to visit our Guilford, CT office this week! Travelers is working on a new policy form with numerous enhancements, and they are re-configuring their rates which should make them more competitive within our specific region along the East Coast. As the economy expands and construction becomes more demanding, ...

Continue Reading →
0
Page 1 of 7 12345...»