Risk management, simply put, is the identification of threats to your well-being and the decision how to respond. Risk management takes on an additional level of importance for professionals like architects and engineers since they are personally liable for the professional services they provide. Below are five areas vital to design professionals who want to reduce or transfer risk:
1) Client Selection–Monitor your interaction with clients and potential clients and be aware of danger signs. Walking away from a project could ...Continue Reading →
Please join us for the first webinar in our 2022 risk management series presented by Erik Vincelette, our Associate Principal. The presentation will include:
In this context, we’ll also:
As we approach the end of another year, I’d like to take a moment to express my gratitude for your business and for your confidence in Maloney & Company, LLC. We promise to continue giving you expert risk management suggestions, access to high-quality insurance companies, prudent advice, and to issue prompt certificates of insurance.
All of us here wish you the very ...Continue Reading →
The AIA-CT recently hosted its annual Awards Gala, where they presented certificates for various awards throughout 2021. Two of Kenneth Boroson Architects’ projects received Merit Awards! The 11 Crown Multi-Family Housing in Meriden won a Sustainable Architecture Award, and the District New Haven Corporate Tech Campus won a Design Award in the Adaptive Reuse category. Congratulations to all involved in both projects!Continue Reading →
Just about any organization that uses technology to do business faces a cyber risk. In fact, three of our clients have recently been hit by Ransomware, a type of virus that encrypted the firms’ data, and a ransom to be paid in Bitcoins was demanded by the hackers. This type of coverage is designed to mitigate losses from a variety of cyber incidents, such as data breaches, infringement of copyright, and network damage. As technology becomes more complex and ...Continue Reading →
Our client, Siefert Associates prepared the plans for the demolition of the existing southbound I-95 viaduct in Providence, Rhode Island. The bridge deck is being removed with excavators positioned on the structure. The post-tensioned steel girders will be removed with a variety of equipment [excavators, loaders, and cranes] on grade below the bridge once all the deck has been stripped.
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Join Us For Our Virtual 2021 Risk Management Series
With employees heading back to work, back to job sites and the increased traveling we wanted to make sure that you are aware of the Employment Practices Liability Insurance (EPLI) coverage.
EPLI is designed to protect you in the event of claims arising from employment practices including wrongful termination, harassment, age discrimination and other related charges such as emotional stress, defamation and right to privacy violations. Employment related risks are becoming more prevalent in today’s workplace, and the treatment of employees ...Continue Reading →
Thank you to all who attended and participated in our webinar on Answers to Your COVID-19 Questions today.
Mike Maloney offered some additional resources during the webinar as firms transition to get employees back into offices. Here are the website addresses:Continue Reading →