Fenner & Esler is not just a highly rated architects and engineers insurance brokerage, but we also supply design professionals with the best options for architects EPLI. On top of supplying professional solutions, many architects and engineers additionally act as employers for a staff of assistants and administrative specialists. In any creative company, working relationships are often close ones, resulting in a blurring of the lines between employer and worker, which may lead to issues in terms of legal obligations associated with the employer status. To protect the future financial solvency of the company as a whole, engineer employment practice liability insurance is an investment that’s indispensable.
Architects EPLI from a qualified independent architects and engineers insurance brokerage like such as Fenner & Esler is essential because even in the most closely-knit design firms, employment problems may arise. While a complete human resource policy and process can serve as the building blocks for safeguarding you from liability problems, it is not enough when a lawsuit occurs. Even a frivolous lawsuit could be incredibly costly to defend. When an employee brings allegations of wrongdoing in the workplace (wrongful disciplinary action, wrongful termination, harassment or discrimination, for example) a buffer zone may be needed to avoid the cost of the lawsuit from impacting the business in a negative way. Up to the optimum limit of liability, an appropriate EPLI for architects product can offer architects and architects and innovative specialists with coverage to manage the price of defending a lawsuit; it can also cover any expenses incurred in settling the suit.
Architect Insurance Company
When submitting an application for architects employment practice insurance, it is common for the insurance provider to ask for a copy of the firm’s human resources policy and procedure manual. Independent architects and architects insurance brokers that specialize in EPLI for architects will be in a position to review these documents and ensure that they’re fit for purpose. A broker can also tailor the program to ensure the client’s application fits their business needs, while additionally seeking for the cheapest possible premium. Moreover, the insurance broker additionally acts as someone in risk management by offering advice when problematic situations with employees arise.
Architect Insurance Brokers
The bulk of employment practice liability insurance for architects policies are only going to cover claims made throughout the life of that policy, therefore it is vital to ensure that the protection is active at all times. Retroactive coverage riders are obtainable from some suppliers but these can be more costly. The considerable expertise we have at Fenner & Esler as an experienced engineers and architect insurance brokerage will work to your advantage because this process can be easily overwhelming for somebody that’s just getting started.
Fenner & Esler engineer EPLI specialists are experts in the area and can find an insurance answer with an A rated carrier that’s tailored just for you in Georgia, ensuring that the equilibrium of your business is usually guaranteed.
Serving design professionals as a leading architect and engineer insurance brokerage since 1923, Fenner & Esler is able to provide you with a wealth of effective alternatives. We are an independent broker. This means that unlike larger architect and engineer we can customize a plan which will suit your exact needs. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.