A Visit with Beazley Insurance

 

 

We are all smiles whenever Debbie Wiechardt from Beazley visits! Beazley Insurance is a Lloyds of London syndicate that began in 1986, and they have been writing insurance for architects & engineers ever since. Beazley USA was established in 2004, and in 2005 became the first Lloyds of London syndicate ever to open an American office. Maloney & Company, ...

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Client in the Spotlight

 

Last month, the New York Times published a story about a Maloney & Company, LLC client, Bonetti/Kozerski Architecture. This talented duo was looking for a new spot in Pennsylvania to not only build a weekend house for their families, but to also have a work of art to show off to their clients. Their idea of building their showpiece from scratch went out the window when Bonetti came across a 50-acre compound with a 8,000-square-foot house built in 1976. The ...

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2018 Contract Review Guide

One of Maloney & Company’s commitments to our architect and engineer clients is to give them advice and suggestions on managing the risk they take on when providing design services. Among many risk management tips and suggestions, our clients receive a 10 page Contract Review Guide, updated annually.

Within the Contract Review Guide, we address questions like:

Q: What if I don’t sign the contract my client gave me? Or if my client doesn’t sign the one I prepared?

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Does the Updated Tax Policy Affect Architects & Engineers?

by Reade Pizzonia, Account Manager, Maloney & Company, LLC

 

 

As 2017 drew to a close, President Trump and the U.S Government agreed upon a new tax policy which went into effect as of January 1, 2018. A few weeks prior to the policy reform getting approved, the policy appeared unlikely to provide a benefit for architects and engineers. However, thanks to representatives from ...

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Goldman Sachs 10,000 Small Businesses

 

 

Maloney & Company, LLC’s principal, Michael J. Maloney, rounded out 2017 by graduating from Goldman Sachs 10,000 Small Businesses program at Babson College. The program, whose curriculum was developed by Babson College, is highly competitive and those accepted learn through a series of nine course modules and workshops with top Goldman executives that give hands on experience with ...

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Tiny Living in Brooklyn

 

 

Millions of New Yorkers live alone, and studio apartments of less than 400 feet are setting new standards for efficiency. Caesura, a mixed-used building in the Brooklyn Cultural District is a project of New York’s Department of Housing Preservation and Development. This building has 12 stories, 123 of the smallest legal rentals in the five boroughs, and a 40% ...

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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 more ...

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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 to shield yourself ...

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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 version ...

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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 of ...

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