Almost every architectural firm or component office depends on some kind of specialized property to do business. Property coverage protects you against loss of or damage to essential pieces of your business such as valuable documents, laptops, or your place of business – because it only takes one disaster to wipe them out.
Casualty coverage protects your business from injury and property damage claims that could seriously and detrimentally impact your firm or component office. Every claim can cost you money, either in paying the legitimate ones or defending yourself against the fraudulent ones. General liability coverage protects you from these lawsuits and provides you the peace of mind needed to be an effective business person.
The Victor and CNA business owners’ coverage is administered by Victor and offers a comprehensive and customized package of insurance products, combining as needed property, general liability, workers compensation, business auto, umbrella, employment practices, directors & officers, fiduciary and professional liability insurance coverage in one program.
The AIA Trust Business Owners Plan offers a comprehensive and customized package of insurance products. AIA members work with a team exclusively focused on the issues that architects face. The policy and endorsements are designed with the architect in mind and include a full package of coverage: property, casualty, general liability, workers’ compensation, commercial auto and umbrella insurance. AIA member firms may receive broader coverage as compared to standard market policies for architectural firms – thereby substantially increasing policy value.
The Victor and CNA program is sponsored by the AIA Trust and was developed to be more than just an insurance policy. The program provides a stable source of insurance and risk management services for AIA member firms and components nationwide.