Fenner & Esler is not only a top rated engineers and architects insurance company. We also supply design professionals with the finest options when it comes to architects employment practice liability insurance. On top of providing professional services, a lot of architects and engineers also act as employers for a team of assistants and administrative professionals. In any creative firm, working relationships are frequently close ones, resulting in a blurring of the lines between employer and employee, which can lead to issues in terms of legal obligations related to the employer status. In order to protect the long-term economic viability of the design firm, it is vital to take advantage of EPLI for architects.
Even in the most closely knit design firms, employment issues can arise, which means seeking out a top engineers and architects insurance company for employment practice liability insurance for architects an essential investment. Even if you are assured in your HR framework to guard you from liability in many situations, there will come a time when you are facing some sort of legal action. Going to court is an expensive process even if you win the case. employment practice liability insurance for architects can provide a financial firewall in the event of employee claims of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related issues. Employment practice insurance for architects supplies protection, up to the limitations of liability, for the cost of litigation along with the costs for any resolution of the case.
Architect Insurance Brokerage
When you ask an insurer to provide you with engineer EPLI, they will first ask to obtain a copy of all internal documents concerning your human resource policies. Choosing to insure with an insurance brokerage for architects or architects specializing in architects employment practice insurance can to your advantage; the agent will make sure that the HR manual details all the info on policy and process that the insurance providers they work with might require. An insurance industry specialist with expertise in presenting applications can assist design professionals to comply more closely with the demands of insurance companies, garnering the greatest premiums available. Moreover, the insurance broker additionally functions as somebody in risk management by offering assistance when problematic situations with employees come up.
Architects Insurance Companies
Our policies for architects and engineers insurance coverage operate on a claims-made basis; for this reason, it’s imperative that coverage is maintained continuously, or else the firm may not be insured. Though some carriers provide a rider for retroactive coverage, it can be more costly. The considerable experience we have at Fenner & Esler as an experienced engineers and architects insurance company will work to your advantage because this process can be easily overwhelming for someone who is just getting started.
Architects & Engineers Insurance
Fenner & Esler architect & engineers insurance coverage specialists are experts in the area and can find an insurance answer with an A rated provider who is personalized only for you in New York, making sure that the equilibrium of your business is usually assured.
Serving design professionals as a leading engineers and architects insurance company since 1923, Fenner & Esler is able to provide you with a wealth of effective choices. We are an independent broker. This means that unlike larger architects and engineers we can customize a plan which will suit your exact needs. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.