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Posted on: August 10, 2023 by Huntersure
Insurance agents should understand the unique risk factors associated with professional roles such as architecture, engineering, and design. Clients in these industries need professional liability policies tailored to their specific risk factors. Architects, engineers, and design firms work in specialized fields that depend on precision and accuracy, with devastating consequences for mistakes. The right coverage […] Read More
Posted on: August 3, 2023 by Huntersure
Insurance agents are responsible for understanding the nuances of the policies they offer to craft proper coverage solutions for clients. When it comes to professional liability insurance tailored for architects, engineers, and design firms, this represents a specialized realm with which some agents might not be fully familiar. This coverage is vital for these professionals […] Read More
Posted on: November 29, 2017 by Huntersure
Design Firm Risks > Construction Team Management Any designer knows that creating and executing a flawless design is a partnership. Designers rely on construction companies and contractors to bring their visions to life. However, this process isn’t always seamless. In this series of blogs, we’ve covered some of the important ways that design firms can […] Read More
Posted on: November 15, 2017 by Huntersure
Design Firm Risks > Keeping Up With Trends In this series of posts, we’ve covered some crucial ways design firms of all types can mitigate their risks. From assessing contract language and understanding how current trends impact their business, design firms can create a more comprehensive risk management strategy. As we discussed in our previous […] Read More
Posted on: November 8, 2017 by Huntersure
Design Firm Risks > Avoiding Contract Liabilities In our previous post, we covered some of the major risk management strategies that design firms should utilize to minimize liability. The first thing we listed was contracts, which serve as the legality of the work to be performed. As this is a huge factor in acquiring or […] Read More
Posted on: October 27, 2017 by Huntersure
As part of the professional services industry, design firms face an onslaught of risks when it comes to potential client concerns, contracts, and more. Whether the firm is low on resources or is struggling to stay in business, risk management should remain at the forefront of priorities. As an agent and experienced broker, remind your […] Read More