Does utilizing construction contracts for design services impact my common law Standard of Care? Using a construction contract for design services may well alter a design firm’s Standard of Care, particularly if the construction contract contains warranties or...
Contractual limitations of liability are an important risk tool for design professionals today. These contractual provisions can operate as a way to control and mitigate losses in the event of a malpractice tort claim or in the event of a claim of some breach of...
PDI is a proud member of a/e ProNet, a network of independent insurance brokers specializing in insuring design professionals. The below is an excerpt from a book available in electronic format from a/e ProNet. At its most basic level, risk management for design firms...
Some of the most frequently asked questions we hear are triggered by the disparities between the insurance coverage available to design professionals and the demands made for coverage by general contractors and their standard contracts. This is a nuanced area, and you...
Many design firms attend risk management training sessions and implement certain practices based on an industry trend or project claim. Other firms may only concentrate on contracts and insurance coverage’s as a risk management strategy, which only addresses a portion...
As design professionals embrace and integrate technology more and more into their practice, the threat of cyber related losses increases. Most design professionals liability insurance policies do not cover or address cyber liability, it’s a coverage that needs...
