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Below you will find an archive of SmartRisk Reporter Newsletter(s). Browse through the issues below, or follow the link located at the bottom of this page to subscribe to our newsletter.
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 | Sustainable Design & Risk (Mar 2010)
The interest along with the requirements for sustainable design and construction concepts is growing daily. With this opportunity comes increased risk and liability for design professionals. Sustainable design incorporates concepts using innovative products, energy efficient materials and construction methods. For buildings, certification programs promote improved health and well-being of occupants and students. Since there is no proven track record for many of these sustainable concepts, it pre |
 | Characteristics of Higher Performing A/E Firms (Feb 2010)
The last few years have been very challenging for many A/E firms with little relief in sight. Even more troubling is firms not implementing change and adapting to market conditions could find themselves in the middle of a slow, painful death. There are firms succeeding today in addition to putting themselves into a better-prepared position when economic conditions improve. What are these firms doing differently? This newsltter addresses those issues. |
 | Importance of Quality Selection When Purchasing A/E Insurance (Jan 2010)
There are more A/E PL insurance providers than ever before, with wide variations in capabilities and services....all competing for A/E premium dollars. Firms should evaluate the "quality" aspects of insurance providers the same way they ask clients to select project consultants and contractors. This decision should be based on quality, not a low-bid process. This newsletter identifies the quality aspects firms should consider when purchasing PL insurance. |
 | Is Stimulus Funding Help A/E Firms? (Nov 2009)
Unemployment rate for A/E's has doubled in the last year with 113,00 looking for work. Shovel ready stimlus projects have provided little help for many firms. However, there are opportunities but you must be knowledgable of the process and have an effective strategy for obtaining federal contracts. Information is provided on doing your homework, where to look for federal work along with steps in helping you through the process. |
 | Slow Economic Conditions and Risk (Sep 2009)
Economic conditions are causing firms to change they way they do business. Trying to survive, firms are going into new services areas, project types, clients and regions. Minimizing operating costs, firms have had layoffs, trimmed operational budgets impacting insurance purchasing decisions. All items increasing risk. As firms make changes, they need to realize the risks and incorporate effective risk management strategies moving forward. |
 | Low Construction Bids Increasing Risk for A/E Firms (Sep 2009)
Constructions Bids & Risk. Constuctions bids on coming in well below engineering and agency estimates, increasing risk for design professionals. It is important to Identify these risks and implement effective risk management strategies mitigating risk, improving performance, profitability and protecting your firms financial viability and future. |
 | A/E Firms Accepting More Risk Driven By Economic Conditions (Aug 2009)
Based on a survey of 17 A/E PL Carriers, A/E firms are accepting more risk, offering new services outside their noral area of expertise, working with clients and projects they would not accept under normal circumstances, not purchasing insurance, lowering limits, increasing deductibles, etc. In this difficult economy, it is a natural reaction to identify methods to cut operating costs. However, firms should not be short-sighted when making these decisions. During a slow economy, claims and litig |
 | Introductory SmartRisk Newsletter (Aug 2009)
SmartRisk Reporter: Introductory Newsletter. As a risk and performance management consultancy, Smartrisk identifies methods for improving performance, profitability with risk management solutions. SmartRisk performed surveys of A/E firms and PL Insurance carriers identifying risk, claims trends and decisions that are ebing made increasing risk driven by the soft economy. SmartRisk offers risk and performance management solutions for design and building professionals. |
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