Insurance

What Could Possibly Go Wrong?
Liquidated damages – What’s the deal? A member has recently written in to ‘What could possibly go wrong?’ asking about liquidated damages, justice and retribution.
Project budgets and costings
A member has written in to What could possibly go wrong asking “How should I go about getting a good estimate of…
Identity Fraud
An incident was recently reported to ArchiTeam where an architect was the subject of identity fraud. Unknown to them their…
A claim could happen to you!! Claims examples and exclusions to consider
“I think I have a suitable policy, I pay the premium each year, but have never made a claim…
Claims Made Policies and Rights & Responsibilities in Notifying a Claim
Professional Indemnity policies fall into the ‘Professional Risk’ category of Insurance policies. Uniquely these types of policies operate on a…
Helpful Loss Lessons for Architects
This claims scenario offers helpful loss lessons for Architects that may prevent and/or minimise the size and impact of a…
Proportionate liability and Insurance policies: Don’t contract out of Proportionate liability
What is proportionate liability?The objective of proportionate liability is to ensure that liability rests with all defendants in proportion to…
What is Management Liability Insurance?
“I don’t need another Liability policy, I already have Public & Products Liability Insurance?” “Surely, my Professional Indemnity policy already…
Victorian Construction Professionals under scrutiny
A recent surge in un-litigated complaints from home owners in Melbourne’s outer suburbs coupled with a largely unheralded decision in…
Understanding Your Professional Indemnity Insurance Cover
Features of the Allianz Australia Insurance Limited Professional Indemnity Insurance Architects wording The Allianz ArchiTeam Professional Indemnity policy offers a…