Understanding the complexities and exposures within the design business environment and the risks associated with it takes expertise. The kind we’ve amassed at OneBeacon Professional Insurance. Putting this experience to work, we create liability protection solutions for professionals who work within various fields of construction — all driven by a team of underwriting, claims, and risk management experts who work together as one for you. Visit their website.
Recorded Webinar: Practical Consequences of Ethical Conduct
If you missed our one-hour online webinar presentation: Practical Consequences of Ethical Conduct you are in luck! The on-demand recording to this very insightful webinar is now available. Ethics has been an important part of the construction industry and the practices of architecture and engineering from the very start. This program examines the practical consequences that can arise from your actions. Our speaker, Bruce Demeter, Vice President at OneBeacon Professional Insurance, will provide the following in this presentation:
- An understanding of the history of ethics in the construction industry and current trends.
- An understanding of various ethical obligations to the public, client and themselves.
- An understanding of how ethical conduct can affect their professional standard of care and professional liability insurance coverage.
- An ability to address and minimize the risk exposure through ethical conduct.
Since this webinar had such a great amount of content about ethics, we did not have enough time to get through the questions and comments shared by participants. Below is a document that lists the questions asked along with their answers created by our presenter Bruce Demeter, Vice President of OneBeacon Professional Insurance.
RISK MANAGEMENT EVENTS
Design Duty in a Post-Beacon Residential World: On July 3, 2014, the California Supreme Court issued the heavily-anticipated Beacon Residential decision which clarified and expanded design professionals’ non-contractual duties. Coincidentally, Severson’s Construction Group is in trial right now before the same Trial Judge who originally decided Beacon Residential in a case involving some similar questions of law. Please join Severson & Werson as they assess the significance (or not) of the Beacon Residential decision, and the corresponding tools and strategies for design professionals to manage their risk going forward. READ MORE
In this highly informative session you will learn about the three risk management building blocks that should be put in place to defend your interests as your project moves from beginning to end.
- Defining and understanding the project, which establishes your role in the project and reasonable expectations you should have concerning the project and the roles of others;
- Recognizing and managing critical changes, which identifies ten critical features of the project to watch as it progresses, so that when any/all of them start to “move,” you can react in a timely and prudent way; and
- Effectively documenting the course of the project, and why it should be part and parcel of the first two building blocks: defining and then managing change in your project.
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Presentation Slides: Liability for ‘Delegated Design’ – Understanding and Avoiding Risks to Design Professionals - by William S. Thomas, Pitzer Snodgrass, PC Download Article
eBook: “A Guide to Managing Engineering and Architectural Design Services Contracts – What Every Project Manager Needs to Know” by John Lowe, Lowe Consulting, LLC – Download Article The book is a resource to design professionals as they manage their professional services contracts. Its more than fifty topics address the process from being selected, through the design process, and to preparation of record documents after construction. The book also contains twelve sample documents intended to improve effectiveness and efficiency during the design and construction process. Article: Liability for ‘Delegated Design’ – Understanding and Avoiding Risks to Design Professionals – by William Thomas and Anthony Hafner, Pitzer Snodgrass, PC. Today’s construction projects are more complicated than in any other time in our history. While construction means and methods may have become more efficient, aided by technology and innovation, those same drivers have made building components and products more complex. Any project, from a new home to high rise office building, involves highly specialized components and systems which all require an incredible amount of technical knowledge and coordination. In this article Bill Thomas and Anthony Hafner provide extensive definitions, explanations of implications from standard industry form documents, analysis of the caselaw on this subject and more. Download Article
Article: What Design Professional Should Understand When Faced With a Claim Situation – by Ashley Hurd, Hall & Company Design professionals time and again find themselves faced with the situation of whether or not to report something to their professional liability carrier. Certainly, there is an abundance of risk management webinars, programs and articles, all discussing what steps to take for preventing a claim or incident from taking place, but this question being addressed here is what steps design professionals should take if they are challenged with a situation in which they’re certain a claim will come to fruition. Download Article
Article Understanding the Reservation of Rights Letter – by Ashley Hurd, Hall & Company You receive your mail and discover a letter from your professional liability insurance company. As you are about to file away the letter, you notice that the insurance company is advising you that there are allegations regarding a recently submitted claim that may potentially cause coverage problems. Your immediate concern is does this means you have no coverage for the claim. Download Article