If you want peace, be ready for claim
Jul 15/21
by Pro-Demnity
In the world of design professionals, legal disputes can arise, placing them and their insurance coverage at risk. An insightful article published on July 13, 2021, delves into the five statement that a lawyer working with Pro-Demnity Insurance Company, an insurance provider for architectural professionals, hopes never to hear during initial meeting regarding a claim made against an architect.
Website: https://prodemnity.com/
In the world of design professionals, legal disputes can arise, placing them and their insurance coverage at risk. An insightful article published on July 13, 2021, delves into the five statements that a lawyer working with Pro-Demnity Insurance Company, an insurance provider for architectural professionals in Ontario, hopes never to hear during the initial meeting regarding a claim made against an architect.
While being mostly oriented for architects, we strongly believe that this information will be useful for all the variety of design professionals. Furthermore, this material tightly aligns with the philosophy that we, as a Contract Administration Software provider, follow, and try to populate among our customers. These statements serve as warning signs that indicate potential vulnerabilities and shortcomings in their practices. By identifying these red flags, design professionals can better navigate the complexities of contracts, documentation, and liability to safeguard their professional reputation and insurance coverage.
We believe that this article is useful and consistent with the processes available to you through FIVE by Statslog.
Make sure to familiarize yourself with the Pro-Demnity article on this matter, as well as other useful educational materials, available on their website.
Source [PDF]: Dispute Resolution Wordings—The Straight Line Newsletter, Issue #15
Nobody wants to talk about their terrible mistakes that resulted in litigation. Nobody wants to discuss the nuanced details of their legal obligations, until there is an issue. Pro-Demnity offers workshops at the OAA conference, almost yearly, trying to educate its members. By setting a high bar, Statslog clients can avoid the common mistakes that could lead to litigation.
Statslog has been used almost to the same depth of reporting, as a forensic audit. Statslog will always reveal the numbers that don’t add up from the contractor/builder. The program’s design includes everything a design professional could want to execute a successful project. When fully utilized, in the event that there is still a litigious situation, that data collected by the client, prompted by the program, Statslog clients are extremely well-positioned.