Greyling Insurance Brokerage & Risk Consulting, a division of EPIC

📢 Exciting News! 📢 We’re thrilled to share an insightful article by our very own Matias Ormaza, published on Consulting-Specifying Engineer! Discover how engineering firms can benefit from captive insurance to reduce costs and gain long-term price stability. Read the full article to learn more about this innovative risk management strategy: https://lnkd.in/e6NtpTyX #Engineering #RiskManagement #CaptiveInsurance --------------- Greyling Insurance Brokerage & Risk Consulting, a division of EPIC Insurance Brokers & Consultants, is a specialty insurance brokerage and risk consulting focused on construction and design professionals. We understand how our clients’ businesses operate based on personal experience and we influence exceptional management of risk across their enterprises and construction projects. Our approach to risk management and transfer delivers more stable and predictable outcomes for our clients – protecting their business and personal finances and allowing individuals and companies to focus on what truly matters – meaningful and innovative improvements to the built environment. Matias Ormaza Managing Principal matias.ormaza@greyling.com

Yes, thank you to the Skanska Atlanta office for hosting the Women in A/E/C event yesterday focused on Enhancing Your Professional Presence!

I was honored to speak this morning to the assembled CFOs about the current state of the recent ban on non-competes at the American Council of Engineering Companies (ACEC) 2024 Finance Forum in beautiful Denver, Colorado. The ACEC Business Insurance Trust, for which Greyling Insurance Brokerage & Risk Consulting, a division of EPIC is proud to serve as Program Administrator, is the Sponsor of this year's Finance Forum. It is always great to be out in the industry seeing old friends and making new ones. #EPICBrokers #Greyling #ACECBIT #ACECFinanceForum #RiskAndInsurance

🌟 𝗝𝗼𝗶𝗻 𝗨𝘀 𝗳𝗼𝗿 𝗮𝗻 𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗘𝘃𝗲𝗻𝘁: 𝗪𝗼𝗺𝗲𝗻 𝗶𝗻 𝗔/𝗘/𝗖 - 𝗘𝗹𝗲𝘃𝗮𝘁𝗲 𝗬𝗼𝘂𝗿 𝗣𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹 𝗣𝗿𝗲𝘀𝗲𝗻𝗰𝗲 🌟 We are thrilled to invite you to our upcoming in-person event, Women in A/E/C: Elevate Your Professional Presence, designed to empower and enhance your leadership skills in the industry. 𝗗𝗮𝘁𝗲: October 10, 2024 𝗧𝗶𝗺𝗲: 4:00 – 7:00 PM ET 𝗟𝗼𝗰𝗮𝘁𝗶𝗼𝗻: Skanska, Atlanta Office, 245 Peachtree Center Avenue, Suite 2500, Atlanta, GA 30303 𝗘𝘃𝗲𝗻𝘁 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: 📸 Professional headshot session to update your portfolio 🗣️ Insights and guidance from an executive coach 🍴 Delicious finger food, snacks, and a selection of refreshments, including beer and wine This event is a fantastic opportunity to network, learn, and elevate your professional presence. Gain valuable strategies for effective leadership and communication, and ensure your portfolio reflects your best self. RSVP by September 26, 2024 to confirm your attendance. We look forward to seeing you there! https://lnkd.in/dcMPaum #WomenInAEC #ProfessionalDevelopment #Networking #Leadership #CareerGrowth Please contact Kristen Walker at kristen.walker@greyling.com if you have any questions.

𝟯 𝗖𝗼𝗺𝗺𝗼𝗻 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁 𝗣𝗶𝘁𝗳𝗮𝗹𝗹𝘀 𝗮𝗻𝗱 𝗛𝗼𝘄 𝘁𝗼 𝗔𝘃𝗼𝗶𝗱 𝗧𝗵𝗲𝗺 In the construction industry, design and consulting involve significant risks, often exacerbated by complex contracts. At Greyling, we specialize in helping engineering firms navigate these challenges. Here are three common contractual pitfalls to watch out for: 𝟭. 𝗢𝘃𝗲𝗿𝗽𝗿𝗼𝗺𝗶𝘀𝗶𝗻𝗴 𝟮. 𝗔𝗴𝗿𝗲𝗲𝗶𝗻𝗴 𝘁𝗼 𝗮𝗻 𝗜𝗺𝗺𝗲𝗱𝗶𝗮𝘁𝗲 𝗗𝘂𝘁𝘆 𝘁𝗼 𝗗𝗲𝗳𝗲𝗻𝗱 𝟯. 𝗣𝗿𝗼𝗽𝗼𝗿𝘁𝗶𝗼𝗻𝗮𝘁𝗲 𝗖𝗮𝘂𝘀𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗡𝗲𝗴𝗹𝗶𝗴𝗲𝗻𝗰𝗲 Being proactive in contract review and negotiation is essential to managing risk. For a detailed guide on how to protect your firm, 𝗱𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗼𝘂𝗿 𝗰𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗣𝗗𝗙. #Engineers #Architects #DesignProfessionals #AEC --------------- Greyling Insurance Brokerage & Risk Consulting, a division of EPIC Insurance Brokers & Consultants, is a specialty insurance brokerage and risk consulting focused on construction and design professionals. We understand how our clients’ businesses operate based on personal experience and we influence exceptional management of risk across their enterprises and construction projects. Our approach to risk management and transfer delivers more stable and predictable outcomes for our clients – protecting their business and personal finances and allowing individuals and companies to focus on what truly matters – meaningful and innovative improvements to the built environment. Kelly Long Jackson Senior Client Advisor | Contracts & Claims kelly.jackson@greyling.com

𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝗦𝘂𝗽𝗽𝗹𝘆 𝗖𝗵𝗮𝗶𝗻 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝘄𝗶𝘁𝗵 𝗦𝘂𝗽𝗽𝗹𝘆 𝗕𝗼𝗻𝗱𝘀 In the fast-paced world of design and construction, every detail counts. Supply chain disruptions, from global shipping turmoil to regional challenges, can significantly impact project timelines and costs. But there’s a solution: Supply Bonds. In our latest article, Cooper Smith, Senior Vice President at Greyling, delves into the crucial role of supply bonds in mitigating supply chain risks. Learn how these bonds can safeguard your projects by ensuring timely delivery of essential materials or providing financial compensation in case of supplier default. 🔍 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀:  • 𝗣𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻 𝗔𝗴𝗮𝗶𝗻𝘀𝘁 𝗦𝘂𝗽𝗽𝗹𝗶𝗲𝗿 𝗗𝗲𝗳𝗮𝘂𝗹𝘁: Supply bonds ensure you receive contracted goods on time or get compensated.  • 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘂𝗮𝗹 𝗦𝗮𝗳𝗲𝗴𝘂𝗮𝗿𝗱𝘀: Well-drafted contracts can shield your business from delays beyond your control.  • 𝗥𝗶𝘀𝗸 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁: Integrating supply bonds into your strategy enhances project execution and resilience. At Greyling, we understand the unique challenges faced by design professionals. Let us help you navigate these complexities and achieve greater success. Contact us today to learn more about how supply bonds can benefit your projects. #SupplyBonds #RiskManagement #Construction #DesignProfessionals --------------- Greyling Insurance Brokerage & Risk Consulting, a division of EPIC Insurance Brokers & Consultants, is a specialty insurance brokerage and risk consulting focused on construction and design professionals. We understand how our clients’ businesses operate based on personal experience and we influence exceptional management of risk across their enterprises and construction projects. Our approach to risk management and transfer delivers more stable and predictable outcomes for our clients – protecting their business and personal finances and allowing individuals and companies to focus on what truly matters – meaningful and innovative improvements to the built environment. Cooper Smith Senior Vice President cooper.smith@greyling.com

Unlocking the Benefits of Project-Specific Professional Liability Insurance in Progressive Design-Build Projects In this article we explore the critical role of project-specific professional liability (PSPL) insurance in progressive design-build (PDB) projects, providing a deep dive into the unique risks these projects present and how tailored insurance solutions can effectively mitigate those risks. Key Highlights:  • What is PSPL: Learn the types of PSPL insurance and how it is an effective mitigation tool.  • Why PSPL for PDB Projects: Learn how PSPL policies offer more comprehensive protection compared to traditional insurance solutions, ensuring security and protection throughout the project lifecycle.  • Case Study: An illustration of how a PSPL policy can help ensure project delivery. This article is a must-read for project managers, design professionals, owners, contractors, project counsel and anyone involved in the design-build process. It offers valuable insights that can help you navigate the complexities of professional liability and enhance your project’s success. #DesignBuild #ProfessionalLiability #Insurance #ProjectManagement #ConstructionIndustry --------------- Greyling Insurance Brokerage & Risk Consulting, a division of EPIC Insurance Brokers & Consultants, is a specialty insurance brokerage and risk consulting focused on construction and design professionals. We understand how our clients’ businesses operate based on personal experience and we influence exceptional management of risk across their enterprises and construction projects. Our approach to risk management and transfer delivers more stable and predictable outcomes for our clients – protecting their business and personal finances and allowing individuals and companies to focus on what truly matters – meaningful and innovative improvements to the built environment. Kristen Walker Senior Vice President kristen.walker@greyling.com

🔑 Unlocking Insurance Savings for Engineering Firms In a market where insurance premiums keep rising, some AEC firms are paying up to 78% less. How? Group captives. At Greyling, we've helped clients save millions by rethinking risk transfer. One firm cut nearly $16M over a decade. Curious if this approach fits your risk profile? Our "Group Captives 101" guide breaks it down: • What are group captives? • Do you qualify? • Real-world AEC case study • How good risk management gets rewarded 🔗 Visit https://lnkd.in/efEwUBnJ to read and download. Stop subsidizing other firms’ claims. Start taking control. #RiskManagement #EngineeringFirms #GroupCaptives --------------- Greyling Insurance Brokerage & Risk Consulting, a division of EPIC Insurance Brokers & Consultants, is a specialty insurance brokerage and risk consulting focused on construction and design professionals. We understand how our clients’ businesses operate based on personal experience and we influence exceptional management of risk across their enterprises and construction projects. Our approach to risk management and transfer delivers more stable and predictable outcomes for our clients – protecting their business and personal finances and allowing individuals and companies to focus on what truly matters – meaningful and innovative improvements to the built environment. Matias Ormaza Managing Principal matias.ormaza@greyling.com

Global expansion can bring immense benefits. Careful execution, however, is necessary for your firm to navigate the challenges that come with going global. Read and download this article to learn more about the risks and best practices associated with pursuing international business. #international #architects #engineers #designprofessionals --------------- Greyling Insurance Brokerage & Risk Consulting, a division of EPIC, is a specialty insurance brokerage and risk consulting focused on construction and design professionals. We understand how our clients’ businesses operate based on personal experience and we influence exceptional management of risk across their enterprises and construction projects. Our approach to risk management and transfer delivers more stable and predictable outcomes for our clients – protecting their business and personal finances and allowing individuals and companies to focus on what truly matters – meaningful and innovative improvements to the built environment. Leo Argiris, PE, LEED AP Executive Managing Principal leo.argiris@greyling.com

Renewable energy is booming, with a projected 17% growth this year, accounting for nearly 25% of electricity generation. As engineering firms capitalize on this surge, they must navigate unique risks. Download our report to uncover the potential risks in renewable energy projects and strategies to mitigate them, ensuring your firm's success in this thriving sector. #renewableenergy #architects #engineers #designprofessionals --------------- Greyling Insurance Brokerage & Risk Consulting, a division of EPIC, is a specialty insurance brokerage and risk consulting focused on construction and design professionals. We understand how our clients’ businesses operate based on personal experience and we influence exceptional management of risk across their enterprises and construction projects. Our approach to risk management and transfer delivers more stable and predictable outcomes for our clients – protecting their business and personal finances and allowing individuals and companies to focus on what truly matters – meaningful and innovative improvements to the built environment. Ross Bundschuh, JD Vice President ross.bundschuh@greyling.com