Events
What Does a Reservation of Rights Mean?
Here’s the scenario: a problem arises on a project, either a claim or pre-claim that prompts you to report the matter to your professional liability carrier. Within the first couple of weeks following the notice, you’re likely to receive a very ominous letter that tells you all the things that your professional liability policy may not cover.
AMES & GOUGH APPOINTS SANTINA RAGONESE AS SENIOR ACCOUNT MANAGER IN BOSTON
BOSTON, MA, November 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 Santina Ragonese as a senior account manager in the Boston office.
Association and NonProfits – Best Practices for Board Orientation
The board of directors plays a vital role in establishing and maintaining the organizational structure of a nonprofit. This elected group oversees the organization’s activities and meets periodically to discuss and vote on business affairs.
Given the critical role board members play in an organization’s overall success, these individuals need to be up-to-speed on the organization’s mission and goals. That’s where board orientation comes into play
Heightened Insurance Requirements
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.
Webinar: ASSOCIATIONS and The Importance of Your Insurance Program
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.
VIDEO: INDEMNIFICATION LITIGATION
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.
Crisis Response: An A/E Action Plan When Condos Tumble
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.
Completing the Professional Liability Application
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.
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