Fenner & Esler isn’t just a top rated engineers and architects insurance company. We also offer design professionals with the best alternatives when it comes to engineer employment practice insurance. In addition to providing their particular services as design professionals, it’s typical for architects and architects to employ assistants and other personnel to whom they could delegate design-related or administrative tasks. In any innovative company, working relationships are frequently close ones, leading to a blurring of the lines between employer and employee, which in turn may lead to issues in terms of legal obligations associated with the employer position. In order to protect the long-term economic viability of the design firm, it is vital to carry employment practice insurance for architects.
Legal issues come up in even the most closely knit of design companies, making seeking out architect EPLI from an experienced independent architect & engineers insurance brokerage like such as an absolutely essential investment. Creating an exhaustive set of human resources practices and procedures can go quite a distance towards shielding you from employment liability problems; yet, such actions are inadequate in the face of actual litigation. Even when a legal action is without merit, the price of litigation could be considerable. Architects employment practice insurance can provide a financial firewall in the event of employee allegations of discrimination, wrongful termination, harassment or disciplinary actions, or other workplace-related problems. Employment practice insurance for architects supplies coverage, up to the limits of liability, for the cost of litigation as well as the expenses for any resolution of the situation.
Architect Insurance Company
When submitting an application for architects employment practice insurance, it’s typical for the insurance provider to ask for a copy of the firm’s HR policy and procedure manual. If the business works with an independent architects or architects insurance brokerage who specializes in engineer employment practice liability insurance, the agent will make certain that policy and procedure guide has the info that is needed by the insurance companies. An insurance business expert with expertise in presenting applications can assist design professionals to comply more carefully with the demands of insurance companies, garnering the greatest premiums available. Moreover, the insurance agent additionally acts as someone in risk management by offering guidance when problematic situations with employees arise.
Architects Insurance Companies
Since architects and engineers insurance coverage works on a claims-made basis, it’s vital to maintain continuous coverage so that the firm is protected. Retroactive coverage riders are available from some providers but these can be more costly. The significant expertise we have at Fenner & Esler as an experienced engineers and architects insurance brokerage will work to your advantage because this process can be easily overwhelming for someone that’s just getting started.
Architects & Engineers Insurance
The specialists in at Fenner & Esler are able to assist your firm get the best policy to suit your needs in Oregon from numerous A rated carriers to ensure that your firm will also have protection from employee-related legal actions.
Fenner & Esler has been serving the requirements of design professionals in need of architects & engineers insurance coverage by supplying a variety of effective alternatives since 1923. As an independent broker, we are capable of individualizing insurance policies which will fit your precise needs, unlike larger architect and engineer brokerages. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.