why do i need an insurance brokerAt our fall meeting last month, a panelist asked an important question:

Why is an insurance broker necessary for design professionals? Shouldn’t architects and engineers be able to access insurance companies and purchase Professional Liability policies directly?

Members of a/e ProNet are professional, independent brokers who serve the insurance needs of design professionals. Membership in our association is by invitation only, and members must be experienced and have a minimum number of design professional clients, as well as a minimum amount of premium volume. Our members must also provide their clients with services beyond the sale of a professional liability policy.

In addition to knowing the professional liability marketplace, they negotiate the best product at the best price for their clients. That negotiation happens every year at renewal time, and because our members are independent—not obligated to any one insurance company—they are in the best position to compare and contrast policies. Often, the time and expertise this process requires is underestimated by A/E clients. With a specialist broker, the A/E can rest assured that they have an advocate annually, both in relation to their bottom line and their exposure as a professional in a demanding and risky environment.

Most importantly, though, that advocacy doesn’t end when the renewal has been processed. The rest of the year, our members’ clients can count on their specialist brokers to provide services such as contract review, accredited continuing education, and other risk management services. Continue reading “Why should Architects & Engineers use a specialist Insurance Broker?”

awardWe’re proud to announce that two architecture students have received the David W. Lakamp AIA Scholarship offered each year through a/e ProNet’s partnership with the AIA.

The American Institute of Architects (AIA) have selected William Hood and Jake DeNeui to receive the 2012 a/e ProNet scholarship. The program, initiated by a/e ProNet, a national association of insurance brokers who are committed to providing liability insurance and loss prevention to architects, is awarded to architecture students who demonstrate a particular interest in the principles of management in architecture practice. Hood and DeNeui will both receive $2,500 to use towards their tuition.

The a/e ProNet scholarship was initiated in 1990 by a/e ProNet and is open to third and fourth year undergraduates, as well as graduate students of architecture enrolled in a NAAB- accredited professional degree program. Submissions are reviewed by jury members of the AIA Practice Management Knowledge Community. Candidates were graded on their transcripts, letters of recommendations, and an essay on how they would resolve a project management dilemma.

To read their case study topic responses, please click here.

William Hood – The Cooper Union

Hood is currently pursuing a Bachelor of Architecture at the Irwin S. Chanin School of Architecture of The Cooper Union in New York City. He has worked as a model-maker with the architects Moorhead & Moorhead and Andrew Berman Architect, and as a marketing and communications manager for Van Alen Institute and Thomas Balsley Associates. In 2007, he graduated with Honors from the College of Social Studies at Wesleyan University in Middletown, Connecticut.

Jake DeNeui – Montana State University

DeNeui is a 22-year-old graduate student at Montana State University. His primary interests include martial arts, rock climbing, hiking and art. Jake’s other skills and interests include speaking Spanish, teaching and practicing martial arts, and actively sharing his faith in Jesus. He plans on working in civic architecture and someday owning his own firm.

You can learn more about the a/e ProNet Scholarship and eligibility here. A full list of past winners can be found on the a/e ProNet Scholarship page at our website. The next deadline for application submissions will be in November of 2013. Follow us on Twitter for scholarship alerts!

Attention, Architecture students! We know how hard you’re working toward your dream career, and we also know the cost of your education is high. Have you applied for the David W. Lakamp AIA Scholarship?

The David W. Lakamp AIA Scholarship was established in 1990 by a/e ProNet, a group of insurance professionals providing risk management services to architects and engineers. It was renamed in 1999 for David W. Lakamp, one of our founding members, and a widely-trusted advisor to the design industry. Mr. Lakamp left behind a legacy of professionalism and integrity that set new standards in the field of insurance services.

Today, the scholarship provides two $2,500 awards each year, and these are bestowed upon the two students who best demonstrate strong interest in practice management.

The scholarship is open to fourth-year undergraduates and graduate students of architecture enrolled in an NAAB-accredited professional degree program. Submissions are reviewed by a jury panel consisting of members of the AIA Practice Management Knowledge Community (PMKC) and the a/e ProNet organization. Candidates must submit a copy of their transcripts, two letters of recommendation, and an essay on how they would resolve a project management dilemma.

The current application deadline is November 19, 2012.

Visit the education section of the AIA website for more information, as well as to download a PDF of the 2012 a/e ProNet David W. Lakamp AIA Scholarship application.

In 2011, two recipients were awarded the a/e ProNet David W. Lakamp Scholarship. To read their case study topic responses, please click here.

Questions? Please send inquiries to: scholarships@aia.org