Episode 41: Communication and documentation – Cornerstone #3
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In Episode 41 of "Talk to Me About A&E," Dan Buelow, Managing Director for WTW A&E is joined by Mark Blankenship, Director of Risk Management for WTW A&E, for this discussion of the third cornerstone: communication and documentation. They discuss the importance of establishing and managing client expectations through effective communication practices, offering a range of examples and tips that can mitigate risk of costly claims and client disputes.
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Episode 40: Negotiating insurable contracts – Cornerstone #2
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In Episode 40 of "Talk to Me About A&E," Dan Buelow, Managing Director for WTW A&E is joined by Mark Blankenship, Director of Risk Management for WTW A&E, for a discussion on allocating risk by contract, which is the second cornerstone of managing design professional risk. The episode delves into the importance of contractual risk management and how it can help design professionals mitigate potential liabilities.
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Episode 39: Risk identification and evaluation – Cornerstone #1
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In this Talk to Me About A&E podcast, Dan is joined by Mark Blankenship, Director of Risk Management for WTW A&E for this discussion on risk identification and evaluation. This is the first in a four-part series on the four cornerstones of managing design professional risk and addresses important “go no-go” considerations and risk mitigation strategies every design firm should consider specific to client selection factors, project selection factors, project team evaluation and contracts.
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Episode 38: AI risks and guidelines for design professionals
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In this Talk To Me About A&E podcast, we review the recently released ACEC Guidelines on the use of AI by Design Professional Firms. Dan Buelow is joined by Mark Blankenship, Director of Risk Management for WTW A&E and co-chair of the sub committee on AI for the ACEC Risk Management Committee. Dan and Mark discuss the inherent risks of AI when it comes to the design profession and important guidelines firms can adopt in managing this evolving technology – specifically: Governance and Approval Process; Sources and Tools and Guidelines for Practice.
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Episode 37: Standard of Care – Part II
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In Part II of this series on the standard of care, Dan continues his discussion with Colleen Palmer and Lou Gale by reviewing specific examples of where contract language can elevate the standard of care – and advice on how to negotiate this language out of a design professional’s agreement to ensure a balanced – and insurable agreement. We also discuss how the standard of care is evolving and what design firms should be prepared for to mitigate their risk.
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Episode 36: Standard of care – Part I
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In Episode 36 of "Talk to Me About A&E," Dan is joined by Colleen Palmer, Risk Manager for Beazley, and Lou Gale, GC for the architectural firm SCB, on the Standard of Care. In Part I of this two-part series we begin the first question asked when a design professional is accused of negligence: What was the applicable standard of care - and was it met? This discussion will include an overview of what every design professional should know when it comes to the standard of care, as well as how best to educate their clients and manage expectations through effective communication...
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Episode 35: Managing residential and condo risk
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In episode #35 of Talk To Me About A&E Dan Buelow talks to attorney Jeff Coleman from the Minneapolis law firm Coleman & Ericksen, LLC about the professional liability risks associated with residential projects. Residential Projects are considered one of the riskiest project types for design professionals when it comes to professional liability claims. Dan and Jeff review the specific reasons why residential projects are so risky – especially condominium projects – and what proactive measures firms can take to mitigate their exposures to costly claims and client...
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Episode 34: Seven deadly words
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In Episode 34 of "Talk to Me About A&E," Dan Buelow brings back Dale Munhall for a follow up discussion on their two part CA series, “Why we no longer stamp shop drawings”. In this episode Dale reviews his “Seven Deadly Words” and discusses the importance of avoiding specific words in contract documents that imply unauthorized changes by architects and engineers. The CA process is often vague and misunderstood and words can create significant liabilities and misunderstandings in contract administration. Dan and Dale discuss the importance of effective communication and...
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Episode 33: Managing M&A Risk
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Whether you are buying, selling, merging, acquiring or closing your practice, there are some important considerations for the design professional when it comes addressing your Professional Liability risks and prior acts exposures. Dan Buelow is joined by Doug Hamilton, head of underwriting for Allied World's A&E division to discuss the pros and cons of the specific insurance coverage options every firm should consider.
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Episode 32: What’s Your Liability IQ? Part II
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In Part II of this podcast series on What’s Your Liability IQ? Dan Buelow continues his discussion with two former DPIC claim managers, Laura Gualiardo, Managing Director of Design Professional Liability Claims for Travelers, and Mark Blankenship, Director of Risk Management for WTW A&E. Dan, Laura and Mark review a number of questions from the DPIC Liability IQ and discuss current trends on a wide range of issues challenging design professionals including risks specific to stamping drawings, defining and managing scope and client expectations, documentation, contract formation,...
info_outlineDan Buelow continues his discussion with Ryan Brennan, Specific Project Professional Indemnity Lead for HDI Global Insurance Company in part II of this two-part series of insuring single projects. In this segment Dan and Ryan review the underwriting process that goes into assessing and pricing a PSPL on large complex projects and discuss the history of this coverage, the constriction of the current PSPL marketplace as well as the future outlook for this coverage.