Fenner & Esler isn’t only a top rated architect and engineers insurance brokerage. We additionally supply design professionals with the best alternatives in terms of architects employment practice liability insurance. In addition to providing professional services, many architects and engineers additionally act as employers for a team of assistants and administrative professionals. In any innovative company, working relationships are frequently close ones, leading to a blurring of the lines between employer and worker, which in turn can lead to issues in terms of legal liabilities related to the employer position. To protect the future economic solvency of the business as a whole, architects employment practice liability insurance is an indispensable investment.
Things can go wrong in any business.. This makes architect EPLI from an experienced independent engineer and architect insurance company like such as an absolutely investment that’s indispensable. While a complete human resource policy and procedure can function as the building blocks for safeguarding you from liability issues, it is not enough when a lawsuit occurs. Even lawsuit that’s frivolous may be incredibly costly to defend. employment practice liability insurance for architects provides a financial firewall in case of employee claims of discrimination, wrongful termination, harassment or disciplinary actions, or other workplace-related issues. Architects employment practice insurance will cover the total charges of defending a case, and pay for a settlement should the situation demand it.
Architects Insurance Company
If you’re submitting an application for engineer EPLI, it is common for the insurance carrier to ask for a copy of the firm’s human resources policy and procedure manual. If the company operates with an independent architects or architects insurance company who specializes in engineer employment practice insurance, the broker can make sure that policy and procedure guide has the info that is needed by the insurance companies. Additionally, the experienced insurance expert has the experience to present the application for coverage to ensure that the company will get the safety it wants for the most affordable premium possible. An insurance agent can also collaborate with customers in managing risk, providing professional advice throughout these vital episodes when employer/employee friction has arisen.
Architects Insurance Brokerages
Because employment practice insurance for architects operates on a claims-made basis, it is essential to maintain constant coverage so that the business is protected. It’s possible to locate insurance which will cover activities retroactively, but the premiums on such policies will be more costly. Somebody new to the process can easily find themselves overwhelmed by all the options that are available. This is why we are here to assist as an engineers and architect insurance company well versed to the ins and outs of working in the business.
The specialists in engineer employment practice insurance at Fenner & Esler can assist your firm obtain the best policy to fit your demands in Tennessee from a number of A rated carriers so that the firm will also have protection from employee-related legal actions.
Since 1923, Fenner & Esler has been serving the needs of design professionals in need of engineers and architects insurance by supplying a variety of effective choices. We’re able to customize a plan which will suit your exact individuals requirements as a result of the fact that we are an independent brokerage. This is something hard to obtain from larger architect and engineer brokerages. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.