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 Improperly constructed and outdated structures, materials and structures damaged by weather and wildlife, and the existence of constituents of concern [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
For architects, engineers and other design professionals, project work is high stakes. The risk of being sued is ever present, whether you have made a professional mistake or a client merely perceives that you have. Success in the industry often depends as much on managing risks as it does completing projects. Proper risk management practices [...]
There’s an important question that every architect, engineer, contractor and design professional needs to ask themselves—How do I minimize my risk of being sued by a client? Unfortunately, design professionals like you face a real risk of being sued for the work you do on a project if something goes wrong. Even if your work is [...]
Specfic Architect and Engineer risk management is an important part of running a design firm. Unfortunately, architects, engineers and other design professionals can and do make mistakes which can lead to a professional liability claim. Professional Liability Insurance coverage can help protect your practice, but only if you understand how your coverage works and follow [...]
For architects, engineers and other design professionals, the contract is one of the most important documents you'll create. A contract communicates in writing the expectations and roles for each party in the project. If problems arise, a good contract will serve as a workable roadmap to solve them, while a bad contract could make matters [...]