Insurance &
Risk Management

Specialized Insurance for
Design Professionals

Insurance and Risk Management Specialized Insurance for Design Professionals

The Risk Specialty Group | 888-421-RISK (7475) |

Does indemnification leave me exposed?

Q: The indemnification section of my contract places the majority of responsibility on me.  How can I manage this exposure?   A: Be wary of references to damages or obligations beyond those that are proximately caused by the negligent rendering of your...

read more

Should I be concerned about a Set-off Provision?

Q:  My new client has proposed a set-off provision for our contract.  Is this an issue I should be concerned about? A:  A set-off provision typically allows your client to offset their own (real or potential) monetary claim against you by reducing their next payment...

read more

Jobsite Safety – Contract Tip of the Week

Q: I’ve always understood that design professionals aren’t responsible for jobsite safety, yet I continue to hear about design professionals who are brought into claims that involve unsafe conditions at a project site. Why does this happen and how can I...

read more

Shop Drawings and Submittals – Contract Tip of the Week

Q:  What are some of the risks associated with shop drawings and submittals and how can I manage them? A:  While we have no specific recommendations or requirements for shop drawing or submittal stamp language, in our experience, a relatively simple stamp can be...

read more

Hazardous Materials – Contract Tip of the Week

Q: Who is responsible for hazardous materials on site? A: Waste materials, hazardous substances, and contaminants can pose a clear danger when they’re discovered on a project site. Taking responsibility for these types of site conditions is beyond the capability of...

read more

Rejecting Work – Contract Tip of the Week

Q: Can we reject work during site visits? A: Rejecting work may increase your risk. While you may have the authority to reject or require additional inspection for work that does not appear to conform to contract documents, you do not have the professional duty to do...

read more

Lien Rights – Contract Tip of the Week

Q: Should I waive my lien rights? A: We recommend that you speak with knowledgeable counsel on this matter, because lien rights vary substantially from state to state. It is industry standard, however, to waive your lien rights only when you have been paid in fully...

read more

Electronic Files – Contract Tip of the Week

Q: I have a client who wants to receive all of my design documents as electronic files. How can I protect the integrity of my design and the use of my instruments of service? A: Transferring data electronically poses not only corruption, conversion, and software error...

read more