From Risk to Profit Benchmarking and Claims Studies

Smaller Architects: Claims by Project Type (2010 - 2019)

Smaller Engineers: Claims by Project Type (2010 - 2019)

20%

30%

25%

15%

20%

10%

15%

10%

5%

5%

0%

0%

Apartments

Condos Schools/ Colleges

Office Bldgs/ Banks

Retail/ Restaurants

Houses/ Townhouses

Land/Site Development

Apartments

Schools/ Colleges

Municipal/ Gov’t Bldgs

Houses/ Townhouses

Condos

Retail/ Restaurants

Office Bldgs/ Banks

Smaller firms = annual billings $5 million and below

Frequency = reported claims Severity = CNA dollars spent

Larger Architects: Claims by Project Type (2010 - 2019)

Larger Engineers: Claims by Project Type (2010 - 2019)

12%

30%

10%

25%

8%

20%

6%

15%

4%

10%

2%

5%

0%

0%

Water/ Sewer Pipeline

Schools/ Colleges

Condos

Sewage/Water Treatment

Houses/ Townhouses

Highways

Land/Site Development

Houses/ Townhouses

Schools/ Colleges

Apartments

Condos

Office Bldgs/ Banks

Healthcare Facilities

Hotels/ Motels

Larger firms = annual billings over $5 million

Frequency = reported claims Severity = CNA dollars spent

34 • From Risk to Profit - Benchmarking and Claims Studies

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