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 ...
Continue Reading →
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 ...
Continue Reading →
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 & ...
Continue Reading →
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 ...
Continue Reading →
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 ...
Continue Reading →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 ...
Continue Reading →
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 ...
Continue Reading →
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 ...
Continue Reading →
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 ...
Continue Reading →
The insurance that protects your company in the event that a client alleges you made a mistake that caused them a loss is extremely important. For dentists and doctors, this is called malpractice insurance. For design professionals, this is called Professional Liability, Errors and Omissions, or E&O coverage. Whatever you wish to call it, it covers the errors (or omissions) that your company has made, or the errors that your client perceives your company has ...
Continue Reading →