The team had a wonderful time at the JDRF Brew for a Cure event this past weekend along with others in the design and construction industry! Sponsored by our clients Kenneth Boroson Architects and Consulting Engineering Services, we are happy to help support Type 1 Diabetes research for a cure!
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If you retain subconsultants, you should make sure they have insurance, ideally at the same limits of liability that you maintain. It’s a good idea to also get into the habit of requesting proof of that coverage at least once a year. Here’s why:
We had a wonderful time this week with our team from RLI Insurance! Vince Costello, the Design Professionals program manager; Barb Sable, the Assistant Vice President of the Professional Services Group; Jeff Varallo, our Professional Liability Underwriter; and Kelly Looft, our Property & Casualty underwriter, all made the trek from PA and DC to spend a day on the water with us in the historic Thimble Islands located in Branford, CT.
RLI began writing professional liability for architects and engineers in ...
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This week, the Maloney & Company, LLC team visited an icon of modernism – the Glass House by Philip Johnson.
Perched on a 49-acre landscape in New Canaan, CT, the Glass House was a remarkable achievement when it was completed in 1949. The house, which ushered the International Style into residential American architecture, is iconic because of its innovative use of materials at the time and its seamless integration into the landscape. It began a movement of architectural experimentation in materials and ...
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This week, we had the pleasure of spending the day with our Travelers property & casualty underwriter, Velta Lyn and managing account executive, Suzie Lear from Travelers Georgia office!
Travelers has been serving the needs of design professionals since 1946. Their Architect, Engineer & Surveyor (AE&S) program is built to respond to the unique property casualty requirements of this growing segment and its ...
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As a design professional, you should know about different coverages that exist. Below is a list of important policies that we’d like you to consider:
• Cyber Liability: What if your system gets hit by Ransomware, a type of virus that encrypts your firms’ data and a ransom to be paid in Bitcoins is demanded by the hackers? This happened to atleast three of our clients in 2016, and a few more since then. Just about any organization that ...
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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, LLC ...
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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.
Q: What if I don’t sign the contract my client gave me? Or if my client doesn’t sign the one I prepared?
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 ...
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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 ...
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