Fenner & Esler isn’t just a highly rated architect and engineers insurance company, but we also supply design professionals with the finest options for engineer EPLI.As well as offering their own solutions as design professionals, it is common for architects and architects to employ assistants and other workers to whom they could delegate design-related or administrative jobs. In any innovative business, working relationships are often close ones, leading to a blurring of the lines between employer and worker, which can lead to issues in terms of legal obligations related to the employer position. Employment practice insurance for architects is important for design professionals that wish to make sure their company runs smoothly in the long term.
Architect EPLI from a qualified independent architect and engineers insurance company like such as Fenner & Esler is essential because even in design firms that are closely knit, employment issues can arise. Even if you are confident in your HR structure to protect you from liability in most situations, there can come a time when you are facing some kind of legal action. Going to court is a costly process even when you win the case. If a worker brings allegations of wrongdoing in the workplace (wrongful disciplinary action, wrongful termination, harassment or discrimination, for instance) a buffer zone might be required to avoid the cost of the suit from impacting the company in a negative way. employment practice liability insurance for architects can cover the total costs of defending a case, and take care of a settlement should the situation demand one.
Architect Insurance Company
When submitting an application for architects employment practice liability insurance, it’s common for the insurance carrier to ask for a copy of the firm’s human resources policy and procedure manual. Electing to insure via an insurance company for architects or architects who specializes in employment practice insurance for architects can in your best interest; the agent will ensure that the HR manual details all of the information on policy and procedure that the insurance companies they deal with may require. An insurance industry specialist with expertise in presenting programs can help design professionals to comply more carefully with the requirements of insurance companies, getting the best premiums available. Moreover, the insurance broker also acts as a partner in risk management by offering advice when difficult situations with employees come up.
Architects Insurance Companies
As engineer and architect insurance coverage operates on a basis of claims-made, it’s vital to maintain constant coverage so that the company is protected. While some carriers offer a rider for retroactive coverage, it may be more expensive. The significant experience we have at Fenner & Esler as an experienced architect & engineers insurance brokerage will work to your benefit 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 find the best policy to match your needs in Arizona from a number of A rated carriers so that the firm will also have protection from worker-related legal actions.
Serving design professionals as a leading engineers and architects insurance company since 1923, Fenner & Esler can supply you with a variety of effective options. We are an independent broker. This means that unlike larger architects and engineers we can customize a plan which will suit your exact needs. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.