Fenner & Esler isn’t just a highly rated architect and engineers insurance company. We additionally offer design professionals with the finest options when it comes to employment practice liability insurance for architects. In addition to supplying their particular solutions as design professionals, it is typical for architects and architects to employ assistants and other staff members to whom they could delegate design-related or administrative jobs. In any innovative firm, working relationships are often close ones, leading to a blurring of the lines between employer and employee, which in turn can lead to issues in terms of legal liabilities related to the employer position. To protect the financial success of your business as a whole going forward, employment practice liability insurance for architects is an investment that’s indispensable.
Architects EPLI from a qualified independent architect & engineers insurance company like such as Fenner & Esler is essential because even in design firms that are closely knit, employment issues could arise. Even if you are confident in your HR framework to protect you from liability in many instances, there will come an occasion when you are facing some kind of legal action. Despite the fact that a legal action may be without merit, the price of litigation could be considerable. EPLI for architects provides a financial firewall in the case of employee allegations of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related issues. Employment practice insurance for architects can insure the full expenses of defending a case, and pay for a settlement should the case require one.
Architect Insurance Broker
When a company applies for employment practice liability insurance for architects, the insurance provider will generally ask to see a copy of the firm’s manual on HR process and policy. Choosing to insure via an insurance broker for architects or architects that specializes in architects EPLI can to your advantage; the agent will make certain that the HR manual details all of the information on policy and procedure that the insurance companies they deal with might need. An insurance market expert with experience in presenting applications can assist design professionals to comply more closely with the requirements of insurance companies, getting the greatest rates available. Moreover, the insurance broker also functions as somebody in risk management by offering assistance when problematic situations with employees come up.
Architects Insurance Companies
The bulk of architect & engineers insurance coverage policies will merely cover claims made during the lifetime of that policy, so it is vital to ensure that the coverage is active at all times. It is possible to locate insurance which will cover events in the past, but the rates on such policies will be more costly. The considerable expertise we have at Fenner & Esler as an experienced a&e insurance company will work to your advantage because this process can be easily overwhelming for somebody who is just getting started.
Architects & Engineers Insurance
Fenner & Esler architects and engineers insurance coverage specialists are experts in the field and can find an insurance answer with an A rated carrier who is personalized only for you in Michigan, making certain that the equilibrium of your business is usually assured.
Serving design professionals as a leading architect and engineer insurance company since 1923, Fenner & Esler is able to provide you with a variety of effective options. As an independent broker, we are capable of individualizing insurance policies which will fit your exact requirements, unlike larger engineer and architect brokerages. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.