OSPE - The Voice - Spring 2020 - 10

ADVOCACY IN ACTION

OSPE is recognized for its significant delivery of risk
management and scale, both of which are important
factors in determining program risk profiles, benefiting
members.
Leveraging scale and implementing quality control are
incredibly important. Something that underwriters
don't comprehend is that Continuing Professional
Development is not currently mandated in Ontario, and
this contributes to a higher risk profile, as does the fact
that there is no minimum required liability insurance
for practicing engineers, something else that surprises
many underwriters.-Therefore, demonstrating an
ongoing commitment to risk mitigation by taking ongoing
professional development in your field of practice, is highly
regarded by insurers. In instances of a potential claim,
showing micro credentials or specialization certificates
are beneficial. Thus, engineers are strongly encouraged to
focus on projects within their specialization, and resource
adequately when extending beyond these.

10

THE VOICE Spring 2020

References:
https://www.irmi.com/
https://www.agcs.allianz.com/news-and-insights/reports
engineering-construction-claims-insurance-trends.html
Reactions Magazine, January 2020


https://www.irmi.com/ https://www.agcs.allianz.com/news-and-insights/reports/engineering-construction-claims-insurance-trends.html https://www.nbc.ca/engineer

OSPE - The Voice - Spring 2020

Table of Contents for the Digital Edition of OSPE - The Voice - Spring 2020

Table of Contents
OSPE - The Voice - Spring 2020 - Cover1
OSPE - The Voice - Spring 2020 - Cover2
OSPE - The Voice - Spring 2020 - Table of Contents
OSPE - The Voice - Spring 2020 - 4
OSPE - The Voice - Spring 2020 - 5
OSPE - The Voice - Spring 2020 - 6
OSPE - The Voice - Spring 2020 - 7
OSPE - The Voice - Spring 2020 - 8
OSPE - The Voice - Spring 2020 - 9
OSPE - The Voice - Spring 2020 - 10
OSPE - The Voice - Spring 2020 - 11
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OSPE - The Voice - Spring 2020 - 37
OSPE - The Voice - Spring 2020 - 38
OSPE - The Voice - Spring 2020 - Cover3
OSPE - The Voice - Spring 2020 - Cover4
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