Specialty Insurance Brokerage & Risk
Management Consulting
News
Friday, October 2, 2015
Tom Marchetti lists steps for nonprofits to manage cyber risk; discusses insurance coverage
In an article for Nonprofit World, Tom Marchetti, vice president and partner, Ames & Gough, discusses strategies for nonprofits and associations to manage risks associated with hacking incidents and other cyber events. He also reviews the various insurance coverages that might help organizations obtain recovery from the financial consequences of cyber incidents. Click here to read this article, “Avoid Catastrophe by Addressing Cyber Risk,” published in the July-August-September issue of Nonprofit World. Copyright © 1999-2015: Society for Nonprofits. Used with permission. Visit: https://www.snpo.org/index.php
Monday, July 20, 2015
Dan Knise advises A/E Firms to conduct thorough contract reviews before signing
In an op-ed article for The Zweig Letter, Dan Knise, president and CEO, Ames & Gough, stressed the need for design firms to review all contracts carefully before signing them. He advises A/E firms to work with their attorneys and insurance brokers to make sure they understand any added risks and to revise contract wording and to mitigate exposures. He also cites key clauses that should be subject to added scrutiny, including those related to standard of care, express warranties and guarantees, and indemnification, as well as issues related to ownership of documents and construction-phase services. Click here to read the article, which appeared on July 20, 2015. [Note: Article originally published July 20, 2015 in The Zweig Letter (http://www.thezweigletter.com), the voice of reason for A/E/P and environmental consulting firms. For more information log on to http://www.zweigwhite.com.]
Thursday, July 9, 2015
Ames & Gough Survey: Most Leading Law Firm Insurers Cite Trusts & Estates as Practice Area Generating Most Claims
In its fifth annual survey of lawyers’ professional liability claims, Ames & Gough examined the trend by polling nine of the leading Lawyers’ Professional Liability insurance companies that on a combined basis provide insurance to approximately 80 percent of the AM Law 100 firms. Click here to read the news release.
Monday, June 22, 2015
Jared Maxwell discusses employment-related risks for A/E firms.
In a guest column for The Zweig Letter, Jared Maxwell, assistant vice president, Ames & Gough discusses the expanding employment-related risks for businesses throughout the U.S. He outlines a two-pronged strategy for design firms to manage these exposures, including the adoption of sound risk management practices and the purchase of specialized insurance. He explains key coverage features and notes critical differences in various employment practices liability insurance policies currently available. Click here to read the column, published June 22, 2015 in The Zweig Letter. [Note: Column originally published June 22, 2015 in The Zweig Letter (http://www.thezweigletter.com), the voice of reason for A/E/P and environmental consulting firms. For more information log on to http://www.zweigwhite.com.]
Thursday, May 28, 2015
Ames & Gough Appoints Jay Bateson as Senior Broker & Vice President
Mr. Bateson, who has nearly three decades of insurance brokerage experience, will be responsible for placing property and casualty, management liability and professional liability insurance for several of the firm’s larger clients. He will also assist with training more junior staff, building insurer relationships and providing risk management support to clients. To read the full news release, please click here.
Monday, April 13, 2015
Dan Knise discusses A/E professional liability insurance market and renewal strategies for design firms
In a guest column for The Zweig Letter, Dan Knise, president and CEO, Ames & Gough, discusses findings of the Ames & Gough 2015 Professional Liability Insurance Market Survey and their implications for design firms. While insurers generally are seeking modest rate increases, in rating individual accounts they are focusing more on recent and historic loss experience, changes in project mix, among other key underwriting factors. In this environment, besides assessing how new project work might affect their risk profiles, A/E firms need to maintain effective risk management, which includes carefully reviewing contractual agreements, effective project management, and proactive client communications and claim reporting. Click here to read the column, which appeared on April 13, 2015. [Note: Column originally published April 13, 2015 in The Zweig Letter (http://www.thezweigletter.com), the voice of reason for A/E/P and environmental consulting firms. For more information log on to http://www.zweigwhite.com.]
Monday, February 16, 2015
Review of Rules & Risks of E-discovery for A/E Firms in Age of Electronic Documentation by Mike Herlihy
In a guest column for The Zweig Letter, Mike Herlihy, executive vice president and partner, Ames & Gough, examines the challenges for design firms of managing the proliferation of their electronic information in the context of e-discovery. Email, smartphones, tablets and other portable communication devices complicate the process of identifying, managing and storing critical information for design firms to defend themselves in litigation. Today, a well-managed document retention plan is a key to effective risk management. Click here to read the column, published February 16, 2015 in The Zweig Letter. [Note: Column originally published Feb. 16, 2015 in The Zweig Letter (http://www.thezweigletter.com), the voice of reason for A/E/P and environmental consulting firms. For more information log on to http://www.zweigwhite.com.]
Thursday, February 5, 2015
Tom Marchetti outlines strategies for associations to manage event cancellation risks
In an article for AssociationTRENDS, Tom Marchetti, vice president and partner, Ames & Gough, outlines strategies for associations to manage financial exposures related to the cancellation or curtailment of their planned events. Severe weather, such as what many U.S. cities are experiencing this winter, as well as natural disasters, terrorism, and other risks can force associations to cancel major events, conferences and programs and leave them with significant gaps in their operating budgets. Risk management and specialized insurance can help associations address this exposure. Click here to read this article, published February 5, 2015 in Risk AssociationTRENDS. Copywright 2015 AssociationTRENDS. Used with permission.
Friday, January 30, 2015
Ames & Gough Appoints Allison Buytenhuys as Partner & Equity Shareholder
Ms. Buytenhuys, who also holds the title of vice president, oversees all administrative functions, as well as marketing, and provides service to several clients. To read the full news release, please click here.
Tuesday, January 13, 2015
Ames & Gough Appoints Michele Callahan & Jared Maxwell as Assistant Vice Presidents in Boston
As the newest officers of Ames & Gough, Ms. Callahan will continue managing Property & Casualty Operations in Boston while Mr. Maxwell builds on his role as senior client executive. To read the full news release, please click here.
Pages
Tom Marchetti lists steps for nonprofits to manage cyber risk; discusses insurance coverage
In an article for Nonprofit World, Tom Marchetti, vice president and partner, Ames & Gough, discusses strategies for nonprofits and associations to manage risks associated with hacking incidents and other cyber events. He also reviews the various insurance coverages that might help organizations obtain recovery from the financial consequences of cyber incidents. Click here to read this article, “Avoid Catastrophe by Addressing Cyber Risk,” published in the July-August-September issue of Nonprofit World. Copyright © 1999-2015: Society for Nonprofits. Used with permission. Visit: https://www.snpo.org/index.php
Dan Knise advises A/E Firms to conduct thorough contract reviews before signing
In an op-ed article for The Zweig Letter, Dan Knise, president and CEO, Ames & Gough, stressed the need for design firms to review all contracts carefully before signing them. He advises A/E firms to work with their attorneys and insurance brokers to make sure they understand any added risks and to revise contract wording and to mitigate exposures. He also cites key clauses that should be subject to added scrutiny, including those related to standard of care, express warranties and guarantees, and indemnification, as well as issues related to ownership of documents and construction-phase services. Click here to read the article, which appeared on July 20, 2015. [Note: Article originally published July 20, 2015 in The Zweig Letter (http://www.thezweigletter.com), the voice of reason for A/E/P and environmental consulting firms. For more information log on to http://www.zweigwhite.com.]
Ames & Gough Survey: Most Leading Law Firm Insurers Cite Trusts & Estates as Practice Area Generating Most Claims
In its fifth annual survey of lawyers’ professional liability claims, Ames & Gough examined the trend by polling nine of the leading Lawyers’ Professional Liability insurance companies that on a combined basis provide insurance to approximately 80 percent of the AM Law 100 firms. Click here to read the news release.
Jared Maxwell discusses employment-related risks for A/E firms.
In a guest column for The Zweig Letter, Jared Maxwell, assistant vice president, Ames & Gough discusses the expanding employment-related risks for businesses throughout the U.S. He outlines a two-pronged strategy for design firms to manage these exposures, including the adoption of sound risk management practices and the purchase of specialized insurance. He explains key coverage features and notes critical differences in various employment practices liability insurance policies currently available. Click here to read the column, published June 22, 2015 in The Zweig Letter. [Note: Column originally published June 22, 2015 in The Zweig Letter (http://www.thezweigletter.com), the voice of reason for A/E/P and environmental consulting firms. For more information log on to http://www.zweigwhite.com.]
Ames & Gough Appoints Jay Bateson as Senior Broker & Vice President
Mr. Bateson, who has nearly three decades of insurance brokerage experience, will be responsible for placing property and casualty, management liability and professional liability insurance for several of the firm’s larger clients. He will also assist with training more junior staff, building insurer relationships and providing risk management support to clients. To read the full news release, please click here.
Dan Knise discusses A/E professional liability insurance market and renewal strategies for design firms
In a guest column for The Zweig Letter, Dan Knise, president and CEO, Ames & Gough, discusses findings of the Ames & Gough 2015 Professional Liability Insurance Market Survey and their implications for design firms. While insurers generally are seeking modest rate increases, in rating individual accounts they are focusing more on recent and historic loss experience, changes in project mix, among other key underwriting factors. In this environment, besides assessing how new project work might affect their risk profiles, A/E firms need to maintain effective risk management, which includes carefully reviewing contractual agreements, effective project management, and proactive client communications and claim reporting. Click here to read the column, which appeared on April 13, 2015. [Note: Column originally published April 13, 2015 in The Zweig Letter (http://www.thezweigletter.com), the voice of reason for A/E/P and environmental consulting firms. For more information log on to http://www.zweigwhite.com.]
Review of Rules & Risks of E-discovery for A/E Firms in Age of Electronic Documentation by Mike Herlihy
In a guest column for The Zweig Letter, Mike Herlihy, executive vice president and partner, Ames & Gough, examines the challenges for design firms of managing the proliferation of their electronic information in the context of e-discovery. Email, smartphones, tablets and other portable communication devices complicate the process of identifying, managing and storing critical information for design firms to defend themselves in litigation. Today, a well-managed document retention plan is a key to effective risk management. Click here to read the column, published February 16, 2015 in The Zweig Letter. [Note: Column originally published Feb. 16, 2015 in The Zweig Letter (http://www.thezweigletter.com), the voice of reason for A/E/P and environmental consulting firms. For more information log on to http://www.zweigwhite.com.]
Tom Marchetti outlines strategies for associations to manage event cancellation risks
In an article for AssociationTRENDS, Tom Marchetti, vice president and partner, Ames & Gough, outlines strategies for associations to manage financial exposures related to the cancellation or curtailment of their planned events. Severe weather, such as what many U.S. cities are experiencing this winter, as well as natural disasters, terrorism, and other risks can force associations to cancel major events, conferences and programs and leave them with significant gaps in their operating budgets. Risk management and specialized insurance can help associations address this exposure. Click here to read this article, published February 5, 2015 in Risk AssociationTRENDS. Copywright 2015 AssociationTRENDS. Used with permission.
Ames & Gough Appoints Allison Buytenhuys as Partner & Equity Shareholder
Ms. Buytenhuys, who also holds the title of vice president, oversees all administrative functions, as well as marketing, and provides service to several clients. To read the full news release, please click here.
Ames & Gough Appoints Michele Callahan & Jared Maxwell as Assistant Vice Presidents in Boston
As the newest officers of Ames & Gough, Ms. Callahan will continue managing Property & Casualty Operations in Boston while Mr. Maxwell builds on his role as senior client executive. To read the full news release, please click here.