Ames & Gough News

Architects & Engineers Insurers Seek More Rate Increases: Ames & Gough

According to a new survey from specialty broker Ames & Gough, insurers of professional liability for architects and engineers are planning additional rate increases to keep pace with rising claims costs, a backlog of litigation, worker shortages, and supply chain …

People Moves: New Hires at Risk Strategies, NFP, Ames & Gough

Risk Strategies Hires Murphy to Private Client Services Division Risk Strategies, a national specialty insurance brokerage and risk management firm, hired Alison Murphy as national practice leader of private client services. In this role, Murphy will develop and lead the …

People Moves: New Hire at Risk Strategies; Promotions at Ames & Gough

Risk Strategies Hires Honig as Compliance Director for Employee Benefits Risk Strategies, a national specialty insurance brokerage and risk management firm, hired Erica Honig as the compliance director for its employee benefits division. In this new role, Honig will provide …

People Moves: Chubb’s Kocsondy Joins Beazley Cyber; Ames & Gough Adds Martin; WTW’s Kinzer Moves to Zurich Construction; AXA XL Adds 4 to Pollution Team

Beazley Appoints Chubb’s Kocsondy as U.S. Cyber & Tech Chief Specialist insurer Beazley has appointed Patricia Kocsondy as head of U.S. Cyber & Tech. Kocsondy, an experienced cyber underwriter and manager, comes from Chubb, where she served as senior vice …

Insurers Plan to Continue Hiking Liability Rates for Architects, Engineers: Ames Gough

Most professional liability insurers covering architects and engineers (A/E) achieved varied premium growth last year as the U.S. construction industry remained resilient during the COVID-19 pandemic. Yet, worsening claims experience is prompting these insurers to seek larger rate increases, according …

Ames & Gough Promotes Four Executives in Washington D.C., Boston

Ames & Gough, an insurance broker and risk management consultant specializing in serving design professionals, law firms, associations/nonprofits and other professional service organizations, has appointed equity partner Allison Buytenhuys as senior vice president and Brian Lynch, Cady Sinks and Rachelle …

Liability Insurers Report Rise in Claims Against Architects and Engineers

Increased billings by architecture and engineering firms generated bigger professional liability premiums in 2019 but also led to the first upswing in claims activity in several years, Ames & Gough said in a report. The brokerage, based in McLean, Va., …

Ames & Gough Elects Knise as Chair, Announces Senior Leadership Appointments

Ames & Gough, an insurance broker and risk management consultant specializing in serving design professionals, law firms, associations/nonprofits and other professional service organizations, has appointed Matt Gough as president and Brett Gough as chief operating officer. Along with CEO Dan …

Ames & Gough Appoints Witherow as an Assistant Vice President in Washington D.C.

Ames & Gough, an insurance broker and risk management consultant specializing in serving design professionals, law firms, associations/nonprofits and other professional service organizations, has appointed Jessie Witherow as an assistant vice president. Based in the Washington, D.C., office, Witherow is …

Lawyers Professional Liability Insurance Claims Grow in Severity, Complexity, Cost

The number of legal malpractice claims resulting in larger multimillion dollar payouts – as well as the dollar amounts involved – has surged in the past year, with at least two settlements exceeding $250 million. That’s according to the latest …