PREVENTION, PROTECTION AND EDUCATION
Risk Management
Simple risk management practices create safeguards in your business to reduce your exposure to claims, lawsuits and headaches. These practices can include continued education, cybersecurity, strategies for choosing the right projects, contract reviews, negotiation support and more.
While it can feel like a lot to implement, it’s a long-term strategy to keep costs down. Our job is to help you implement best practices and showcase your positive track record to the insurance companies. In turn, they reward you without cutting coverage.
Risk management is good for everyone. First and foremost, it protects you and your business. It also makes you a lower-risk client, opening you up to better coverage and lower premiums.
INCLUDED FOR ALL INSURANCE CLIENTS
Comprehensive Support
Attorney / Legal Support
- We partner with Litchfield Malone McDonald, whose practice focuses on design firm clients
- Expert guidance on complex legal issues affecting your business
Risk Management System
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Comprehensive training to protect your business and reduce premiums
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Customizable tools to fit your business’s unique needs
Attorney Contract Reviews
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Thorough contract review by experienced lawyers
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Clear, actionable recommendations for contract improvements
Live Workshops
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Interactive, hands-on learning for business owners and teams
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Real-time problem solving with expert facilitators
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Practical tools and strategies for managing business risks
Monthly Risk Management
Calls with Attorney
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Regular, proactive check-ins with a dedicated attorney
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Personalized advice to mitigate potential business risks
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Opportunity to ask questions and learn from fellow design professionals
Live Webinars
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Convenient, expert-led sessions on critical risk management topics
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Accessible online, with opportunities for Q&A
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Regular updates on legal and industry trends affecting your business
Pros & Cons of Risk Management
PROS
Maximized Insurance ROI:
Effective risk management can generate a measurable return on your insurance investment by reducing premiums and claims over time.
Enhanced Protection:
A robust strategy is the best way to shield your firm from financial losses, legal issues, and reputational damage.
Improved Employee Retention & Culture:
It fosters a culture of ongoing education, clear standards, and proactive safety, which boosts employee morale, satisfaction, and retention.
CONS
Time Investment:
Implementing a program requires time and effort, especially during the initial setup phase.
Team Buy-In:
Successful risk management depends on gaining buy-in from your entire team and ensuring they adhere to protocols consistently.
Client Selection:
It may require you to turn down certain projects that, although appealing, don’t align with your firm’s risk tolerance or standards.
Ready to simplify your insurance?
From navigating policies to managing claims, we’re here when you need us—with fast answers, clear advice, and coverage tailored to your firm.
