John Little, Partner, Keel Cotrelle LLP Over the years, I have had a great many initial meetings with architects and Pro-Demnity Claims Managers as we start to learn more about […]
Did you know there are at least 25 things that an architect can do to manage or mitigate practice and project risks? We first shared our list of “25 Things” at the 2021 OAA Virtual Conference. Read on and download this useful resource to start implementing or integrating any one (or all!) of these ideas in your practice.
Thought LeadershipRisk Management / MitigationRisks
There is no simple rule. Which records prove to be most important will depend on the particulars of the claim and will differ in each instance. When litigation occurs, it […]
You’re bidding on an exciting new project and asked to pull together the fee proposal (dread). Too high a fee and your proposal may be rejected. Too low a fee […]
In architectural practice, risk takes many forms. It’s comforting to know that your Pro-Demnity policy protects you against the risks of error or unintentional neglect. The policy spells out the many things that are covered, as well those that aren’t. Bear in mind that a number of things aren’t specifically mentioned, simply because they aren’t responsibilities imposed by common law.
This is to say that, “A professional liability insurance policy is not an all-risk contract. It is rather a safety net, providing protective cover within specified limits.”
The dangers of indemnification clauses have been addressed in numerous Pro-Demnity and OAA publications, and for good reason: Some of these clauses are so dangerous to architects that they have been dubbed “Murder Clauses.”
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