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. Here are a few more tips:
- Webinars. Utilize insurance company webinars to learn more about risk management, and get discounts on your premium.
- 100% Written Contracts. Verbal contracts can create confusion, and can lead to claims.
- Contract Review Services. Maloney & Company’s brokers are trained to highlight red flags within your contracts, and offer suggestions.
- Review your Plans. Be sure that all plans are reviewed before being released.
Despite being proactive about avoiding claims, they do happen. Maloney & Company, LLC provides pre-claims assistance and works alongside clients every step of the way.
Check out our Risk Manangement Page for more suggestions!