Fenner & Esler is not just a top rated architect and engineers insurance company. We additionally supply design professionals with the finest alternatives when it comes to employment practice liability insurance for architects. On top of supplying professional solutions, a lot of architects and engineers also act as employers for a team of assistants and administrative professionals. In any innovative business, working relationships are often close ones, leading to a blurring of the lines between employer and employee, which may lead to issues in terms of legal obligations related to the employer position. To protect the future economic solvency of the business as a whole, employment practice insurance for architects is an investment that’s indispensable.
employment practice liability insurance for architects from a qualified independent architect & engineers insurance company like such as Fenner & Esler is essential because even in the most closely-knit design firms, employment problems may spring up. Creating an exhaustive set of human resources practices and guidelines can go quite a distance towards shielding you from employment liability issues; yet, such steps are insufficient in the face of an actual lawsuit. Even if a legal action is without merit, the cost of litigation may be substantial. If an employee brings allegations of wrongdoing in the workplace (wrongful disciplinary actions, wrongful termination, harassment or discrimination, for instance) a buffer zone might be needed to prevent the cost of the suit from affecting the organization in a negative way. Architects EPLI can insure the total costs of defending a case, and pay for a settlement should the situation require it.
Architect Insurance Company
If a company applies for engineer employment practice liability insurance, the insurance provider will generally ask to see a copy of the firm’s manual on HR process and policy. If the company works with an independent architects or architects insurance company who specializes in employment practice liability insurance for architects, the agent can ensure that policy and procedure guide has the info that is needed by the insurance companies. Also, the seasoned insurance specialist has the experience presenting the application for coverage to ensure that the company can get the protection it wants for the least expensive premium possible. An insurance broker can additionally collaborate with clients in controlling risk, providing expert guidance throughout those critical episodes when employer/employee friction has arisen.
Architects Insurance Companies
Our policies for engineers and architects insurance coverage operate on a claims-made basis; for this reason, it’s critical that coverage is maintained constantly, otherwise the business may not be insured. Retroactive coverage riders are available from some companies but these can be more costly. Somebody new to the process can find themselves easily overwhelmed by the wealth of options that are available. This is why we’re here to assist as an architects and engineers insurance company well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
Fenner & Esler architect & engineers insurance coverage specialists are experts in the area and may find an insurance answer with an A rated provider that is personalized only for you in Washington D.C., making sure that the stability of your business is constantly guaranteed.
Since 1923, Fenner & Esler has been serving the requirements of design professionals in need of engineers and architects insurance coverage by providing a variety of effective alternatives. As an independent broker, we are capable of individualizing insurance policies that are going to fit your precise needs, unlike larger architect and engineer brokerages. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.