Risk management tips Archives - Lockton Affinity Architect and Engineer

How Problematic Clients Can Lead to Claims

If you have a bad feeling about a client, it may be better to listen to your gut and pass on the job. That’s because working with problematic clients puts you at higher risk of a claim. Professional liability claims involve lawsuits that often put your business and personal assets at risk and can cause [...]

By | October 24th, 2022|Risk management tips|0 Comments

Top 3 Risks of Green Building Performance Standards

A green revolution is sweeping the country, with carbon neutrality, net-zero energy and other initiatives making their way throughout various industries, including architecture. Yet the risks of green building performance standards are numerous, posing new challenges for you and your firm. Green building performance standards are regulations that require a completed building to meet certain [...]

By | September 23rd, 2022|Risk management tips|0 Comments

Climate Change and Sustainable Design Risks for Architects

The risks of climate change are impacting everyone, including architects, engineers and other design professionals. However, there’s not only the risk of severe weather impacting project construction. Architects also face the risk of claims for past projects, months or years after their completion. Architects are at the forefront of providing climate change and sustainable design [...]

By | August 22nd, 2022|Risk management tips|0 Comments

Managing Construction Observation Risks

With nearly every project, architects, engineers and other design professionals have to make decisions about construction observation services. Choices about whether and how often to conduct observations and how to document them can greatly impact the risk of a claim or lawsuit. To better manage the construction observation risks you face, it helps to remember [...]

By | June 16th, 2022|Risk management tips|0 Comments

Reducing the Risk of Unforeseen Conditions

The possibility of unforeseen conditions at a project site can be a major source of stress for architects, engineers and other design professionals. Unfortunately, unforeseen conditions are also a frequent source of professional liability claims. Improperly constructed and outdated structures, materials and structures damaged by weather and wildlife, and the existence of constituents of concern [...]

By | May 26th, 2022|Risk management tips|0 Comments

How Duties to Third Parties Affect Risk

Every day, design professionals face the prospect of being sued for the work they do on a project. Most of the time, these claims are brought by the client or another party directly involved in the project. However, that isn't always the case. In certain circumstances, claims can also be brought against a design professional [...]

By | April 28th, 2022|Risk management tips|0 Comments

12 Low-Cost Ways to Help Prevent Cyber Attacks

One way to mitigate the increased risk of cyber attacks is to look to low-cost and no-cost solutions that can offer an immediate risk management benefit without added expense or complexity. Lockton Affinity Architect and Engineer and CyberLock Defense have prepared this list of 12 low-cost and no-cost ways to help design professionals prevent cyber [...]

By | March 14th, 2022|Risk management tips|0 Comments

How to Avoid Being Underinsured

For architects, engineers and other design professionals, few things are as dangerous as being uninsured. Mistakes and accidents happen, so insurance is a must. Yet just because you've got insurance doesn't mean you're out of the woods. Being underinsured can be almost as dangerous as being uninsured. Here's what to know and how you can [...]

Beware of Indemnification Clauses

As a design professional, it's important to know exactly what you're agreeing to before you sign on the dotted line. With some contract clauses, you could be tying yourself to broad indemnity obligations far beyond what you intended. Agreeing to the wrong contract clause can not only expose you to excess risk not covered by [...]

By | December 22nd, 2021|Risk management tips|0 Comments

How to Avoid Being Sued – 10 Tips from Lockton Affinity

Everyday, architects, engineers, contractors and other design professionals face the prospect of being sued for the work they do on a project. Being sued is not only impactful financially, it also creates stress and worry that can affect your ability to do your best for other clients and projects. Design professionals get sued not only [...]

By | November 30th, 2021|Risk management tips|0 Comments