In an opinion column for The Zweig Letter, Rob Hughes, senior vice president and partner, Ames & Gough provides tips and strategies for AEC firms to navigate the challenges of responding to higher professional liability insurance requirements during a hard commercial insurance market. In addition to providing insights on what’s driving the requirements, he shares tips for negotiating these demands with project owners, as well as insurance options that might help AEC firms control premium costs while meeting contractual coverage requirements.
AMES & GOUGH APPOINTS HOLLIE MILLER AS ACCOUNT MANAGER FOCUSING ON LAW FIRMS, ASSOCIATIONS AND NOT-FOR-PROFITS
WASHINGTON, DC, September 13, 2021 – Ames & Gough, a leading insurance broker and risk management consultant specializing in serving design professionals, law firms, associations/nonprofits and other professional service organizations, today announced the appointment of Hollie Miller as account manager, focusing on law firms, associations and not-for-profits.
September 29, 2021 | 2 PM EST – 3 PM EST: Many associations believe they’re fully covered by their insurance policy. Often, they find out the hard way that they’re not. Exclusions, for example, create gaps that must be covered by a separate policy (like professional liability). It’s important to review your own program before it’s too late.
This upcoming free event will be an “insurance 101” for associations, specifically, and how they can make sure they are covered for their risk and exposure.
Kent Holland, JD. discusses recent litigation regarding contractual indemnification clauses, and provides risk management tips related to these court verdicts.
Veteran Insurance Exec Enhances Broker’s Industry-Leading Service Capabilities for Architects and Engineers
August 16, 2021 – Ames & Gough, a leading insurance broker and risk management consultant specializing in serving design professionals, law firms, associations/nonprofits and other professional service organizations, today announced the appointment of Lauren Rhodes Martin as risk management and claims specialist focusing on the firm’s architect and engineer accounts.
The recent and tragic Miami condo collapse has provoked many inquiries as to what a design professional might do in the event of a tragedy. Although dramatic, it was not the first such incident and unfortunately, will not be the last. The following is a five-step plan for consideration by design professional individuals or firms before, during, and after such an event.
As AEC firms face a tightening market for professional liability insurance, they need to explore every opportunity to establish themselves as favorable risks to
underwriters. A detailed and carefully completed insurance application may help keep
your firm’s premium as low as possible – even in the current rate environment.
This report addresses (1) the state of coverage and key trends in the current market for cyber insurance, and (2) identified challenges faced by the cyber insurance market and potential options to address them.
Legal malpractice claim payouts were the highest on record from 2019 through the middle of 2020, with the figures expected to remain high after the end of the COVID-19 pandemic
After the year we had in 2020, all of us in the association industry are asking the same type of questions: What does the future of the events industry hold for us? How do we go about navigating the new “normal” for holding in-person events? With associations deriving a substantial amount of revenue from events, trade shows, and conferences, there is no question that we need to figure out not only what we can expect from our events moving forward …
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