A key component of any firm’s risk management program is a professional liability (PL) or errors and omissions (E&O) insurance policy that handles claims in exchange for a premium paid to the insurance company. This session will discuss the cost of insurance, limits, claim classification but more importantly how to properly handle or dispute, claim or circumstance.
Fill out the form below to download this content.
Incomplete, improper, and inadequate communication and documentation efforts continue to be the driver of 1/3 of claims against design firms. This session addresses documentation efforts regarding change orders, value engineering, specifying material and contract language.
Fill out the form below to download this content.
All construction projects have risk. This session identifies the 10 reasons why projects fail that includes, project expectations, official approval, staffing, handling of conflicts, team approach, managing project scope and others.
Fill out the form below to download this content.
Professional Liability (PL) insurance for A/E’s is a very specialized and expensive insurance product and a key component of any firm’s risk management program. This session identifies risks and liability trends, and underwriting criteria used by insurance carriers in determining the premium. However most importantly information that should be included to help obtain better terms and lower premiums.
Fill out the form below to download this content.
When’s there’s trouble parties refer to the contract to see who’s liable. Firms take on more risk including uninsurable terms accepting unfavorable contract terms. Having the right contract can avoid and exit you from litigation. This training addresses five key contract provisions, examples of unfavorable language and recommended terms.
In any negotiation the goal is to obtain a win-win. This requires give and take on both sides. At times you run into someone on the other side of the table who wants only to obtain terms in their favor. This session provides tips when dealing with difficult contract negotiations.
Learning to distinguish between good and bad contract language is essential for drafting and reviewing contracts. This resource provides guidance on best practices for contract drafting.
Fill out the form below to download the content.
A comprehensive contract review checklist can help you identify and address potential risks before signing a contract.
Fill out the form below to download the content.
Certain contract language can increase your risk exposure. Understanding these “risky words” can help you avoid potential pitfalls.
Fill out the form below to download the content.
Effective contract negotiation and management are essential for A/E firms. This resource provides guidance on negotiating favorable terms and mitigating risks.
Fill out the form below to download the content.