Episode 18: Emerging Claim Trends in the Design Profession
Talk to me about A&E
English - January 06, 2023 15:08 - 50 minutes - 116 MB - ★★★★★ - 4 ratingsManagement Business riskmanagement architects designprofessionals engineers risktrends wtwae Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Dan talks to Mark Blankenship, Director of Risk Management for WTW A&E, about the results of a recent WTW A&E industry survey of Senior Claim Managers from 12 leading A&E professional liability insurance carriers on emerging risk and claim trends in the design profession. Dan and Mark discuss the causes for the rise in severity claims against design firms, the inherent risks associated with specific project types and disciplines - and the emerging risks that are most concerning to the panel of claim experts that participated in this survey. In addition to a review of the results to a number of specific questions from this survey, Dan and Mark offer important advice and insights on what firms should be considering in order to reduce their exposures to costly claims and client disputes.