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    For years, Hogan Lovells has relied upon Ames & Gough’s deep understanding of the professional liability issues faced by law firms. Our firm’s needs are consistently met by responsive, friendly senior-level professionals with an unyielding focus on client service and putting our needs at the fore.

     

     - Warren Gorrell, Co-Chair, Hogan Lovells
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    Ames & Gough is proactive and very responsive to our needs. Their in-depth knowledge of law firms is evident and helps them deliver superior service and coverage expertise while keeping our insurance costs low. I think any law firm's time would be well spent talking to Ames & Gough.

     

     - Jeff Geiger, Partner, Sands Anderson
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    Weston & Sampson has been working with Ames & Gough for approximately 12 years now. Ames & Gough has been extremely helpful in obtaining the best insurance coverage for the best price. Additionally, the personnel have been extremely responsive on issues, questions, client contract reviews, etc. They are very knowledgeable about our industry and the variety of risk management-related issues that come up from time to time. It has been a real pleasure to work with the A&G folks over the years!

     

     - Deirdra A. Taylor, CPA, Director & CFO, Weston & Sampson
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    I believe we were Ames & Gough's first client. In those 19 years, they have never failed to provide us with exceptional service, well beyond being only our A/E broker. Their depth of service, their technical expertise, and their responsiveness to our requests set them apart and account for our long-term relationship.

     

     - Jim Fagan, President, Hazen and Sawyer
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    The expertise of the individuals at Ames & Gough has been invaluable to Hoyle Tanner. Over the course of many years, they have consistently provided Hoyle Tanner with knowledgeable advice and excellent service.

     

     - James D. Boothroyd, P.E., President, Hoyle, Tanner & Associates, Inc.
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    During our more than five-year relationship with Ames & Gough, we have grown to depend heavily on their experience in the A/E industry. Their skill at identifying risk exposures, skill in reviewing our contracts, and personal approach to insurance brokerage have made Ames & Gough indispensable to our firm. As contract negotiations become more complicated and the risk of litigation greater, there is no price our firm can put on having Ames & Gough and a good lawyer on our team.

     

     - Ms. Polly Brazelton, Senior Associate, Michael Van Valkenburgh Associates
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    Effective risk management is an integral part of our company's productivity goals. Ames & Gough provides the support we need to help us understand and implement good risk management practices. Their professional seminars and outstanding support have helped us to keep our insurance costs down as well as to maintain high standards. We value our relationship with them, are happy that they are part of our team, and thank them for their contributions to our success.

     

     - Mark Teden, Executive Vice President/Treasurer, Bruner/Cott & Associates, Inc.
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    We rely on Ames & Gough as our portal to the commercial insurance market for law firms. Their knowledge and service are exemplary, and we thank them for their contributions to our success.

     

     - Phil Sunshine, General Counsel, Finnegan
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    Everyone at Ames & Gough has tremendous depths of knowledge about both design professionals and managing risk in the construction process. We refer firms to Ames & Gough because their professionalism is obvious from the first conversation. Their client focus, nationwide reach, and high level of services makes Ames & Gough an outstanding broker for any design professional. We've given Ames & Gough our 'A/E Choice' designation signifying that they are truly dedicated experts.

     

     - Kate E. Frownfelter, Senior Vice President and Construction Industry Group Manager, Victor O. Schinnerer & Company
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    I've worked with Ames & Gough for years regarding our firm's professional liability insurance. Ames & Gough has some of the most knowledgeable insurance professionals that I have met. They understand our business and apply their very deep insurance knowledge to help us. They are customer-focused and always put our firm's needs ahead of their own. Ames & Gough is out to save us money while also looking out for our best interests.

     

     - Donald P. Nims, Jr., PE, Quality Assurance & Risk Manager, Bergmann Associates, Inc.
Home » Architects & Engineers » Benchmark Data

Benchmark Data

Evaluating the cost of insurance and, more importantly, the total cost of risk against historic performance, peer firms, and industry statistics can be an invaluable tool for managing risk and improving profitability. Ames & Gough assists its clients in undertaking this benchmarking analysis. With over 800 design firm clients and active relationships with all key professional liability underwriters we have unparalleled access to the information you need to make informed decisions.

The cost of risk is more than just insurance. Architects and engineers need to be able to measure and manage of the following costs:

  • Insurance premium and related costs

  • Cost of deductible or uninsured claims

  • Cost of staff time spent on risk management/loss prevention

  • Cost of resolving problems before they become claims (including rework)

  • Cost of staff time spent resolving claims

Based on data from a variety of sources-ACEC, AIA, insurers, clients, insurance associations-the cost of risk can be as much as 5% to 6% of revenue.

Once a firm understands it costs, programs put in place can be measured and monitored to determine their effectiveness.

For more information on benchmark data available from Ames & Gough, please send an e-mail to info@amesgough.com.