It’s National Cyber Security Awareness Month!

 

cyber

 

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.

The Federal Trade Commission recently called ransomware (a type of virus that encrypts data) an “epidemic.” In fact, three of our clients have recently been hit by Ransomware, and a ransom paid ...

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“As Schools Open, Design Professionals Fear that Claims Will Too”

 

school-claims-by-state

 

Recent studies from Victor O. Schinnerer show that besides residential projects, schools and colleges generate the highest number of claims and the most expensive claims, particularly in New York, New Jersey, Pennsylvania, and Massachusetts. This is due to a number of factors.

  • School projects don’t usually involve an individual client, but rather an elected school board with diverse wants and expectations ...
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Cyber Liability Insurance

 

Cyber Insurance

 

Just about any organization that uses technology to do business faces a cyber risk. In fact, three of our clients have 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. Architect and Engineer firms of all sizes are seeing an increase in ...

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The 2016 Fuller Challenge

Buckminster Fuller Institute created the Fuller Challenge to award those specifically working to identify and catalyze individuals and teams employing a whole systems approach to problem solving. “Whole-Systems Design” reveals lasting and frugal solutions with multiple benefits. Not only does this type of design point the way to solutions to particular resource problems, but it also reveals interconnections between problems, which often permits one solution to create many more.

With the Fuller Challenge in it’s 9th annual cycle, there is great ...

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Visit with A+ Rated Insurer, Travelers

 

Travelers July 2016

 

The Maloney & Company staff recently visited with underwriters Hugo Eraso and Sherry Brathuhn from Travelers! We discussed the needs of our clients, and how Travelers is always striving to meet them. Travelers is an A+ rated insurer with a great reputation, and we are happy to have a close relationship with them.

 

Photo: Reade Pizzonia, Santina ...

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RLI Visits M&Co

 

RLI Visit June 2016

 

This week, RLI underwriters Christina Walsh and Trent Colan made their way to CT to visit our staff! Over lunch, we discussed the Professional Liability market, underwriting guidelines and principles, and industry standards. We are happy to work with Trent, Christina, and the rest of the staff at RLI, and are proud of our close relationship ...

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Happy Birthday, Frank Lloyd Wright!

 

Frank Wright

 

“The greatest American architect of all time” was born this day, June 8th, in 1867. Wright completed over 500 architectural works, which helped start the modernists movement in the early 20th century.

He referred to his architecture as ‘organic,’ in complete harmony with itself and its surroundings, as if it had developed as naturally as at tree but without necessarily resorting ...

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Fiduciary Liability Insurance

Fiduciary

 

Fiduciary Liability Insurance is targeted at protecting businesses’ and employers’ assets against fiduciary-related claims of mismanagement of employee benefit plans.

Fiduciaries are responsible for providing a broad range of investment alternatives and minimizing the expenses associated with those investments; you cannot avoid liability solely by blaming plan participants for their investment decisions. A fiduciary can be sued for not following ...

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Architecture & Virtual Reality

It’s no secret that technology is advancing everyone’s daily workflow, and according to this ArchDaily article, it will be significantly advancing the workflow of architects very soon.

The idea is: your clients will be able to put on a pair of Virtual Reality glasses, and will see your designs come to life right in front of their eyes. The glasses will offer an effect where your clients will be able to virtually walk through the project, as opposed to looking at it ...

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Aon Affinity Partners with Axis Insurance

Axis Insurance is now the national program underwriter for A&E Advantage, Aon Affinity’s professional liability insurance program for architecture and engineering firms. Aon Affinity expanded their partnership with Axis in 2015, and has refiled their rates in states like CT and OH, making them much more competitive. The A&E Advantage program offers professional liability insurance (errors and omissions insurance) and risk management resources to architects, engineers, land surveyors, and design firms.

Peter Wilson, CEO of Axis Insurance states, “As the new ...

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