When you are awake at night worrying whether or not your proposal to a prospective client for an RFQ will be good enough—the last thing you need to worry about is whether or not your professional liability insurance is adequate and will protect you. Read important tips for finding the appropriate broker and insurer for your practice. Click here to download the whitepaper.
When your application form is received by your insurance company, underwriters and actuaries look at a number of factors to assess your firm’s potential risk, including your firm’s size, billings, location, clients, services provided, and project types. A 2011 study by Victor O. Schinnerer & Company identifies important factors when assessing a firm’s potential risk and provides you with key information when applying for professional liability insurance. Click here for the report.
There are many risks that can jeopardize the future of one’s practice, one’s firm, and one’s own financial well-being. This article is intended to familiarize the architect with terminology and the necessary considerations and alternatives when selecting business and professional liability insurance for one’s firm. Click here for the report.