Fenner & Esler isn’t only a top rated architect & engineers insurance company, but we also supply design professionals with the finest alternatives for architects employment practice liability insurance. On top of supplying professional services, many architects and engineers additionally act as employers for a team of assistants and administrative experts. In any innovative firm, working relationships are often close ones, resulting in 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. Architects employment practice insurance is important for design professionals who wish to make sure their company runs smoothly in the long term.
Architect employment practice liability insurance from a respected independent engineers and architects insurance company like such as Fenner & Esler is essential because even in the most closely-knit design firms, employment issues could arise. Even if you are assured in your HR structure to guard you from liability in most situations, there may come a time when you are facing some sort of legal action. Going to court is an expensive procedure even if you win the case. If an employee brings allegations of wrongdoing in the workplace (wrongful disciplinary action, wrongful termination, harassment or discrimination, for example) a buffer zone might be necessary to prevent the expense of the suit from impacting the organization in a negative fashion. Architects EPLI provides coverage, up to the limits of liability, for the expense of litigation as well as the expenses for any settlement of the situation.
Architects Insurance Broker
If you’re submitting an application for employment practice insurance for architects, it’s common for the insurance provider to ask for a copy of the firm’s HR policy and procedure manual. Independent architects and architects insurance brokers that specialize in engineer employment practice liability insurance is going to be in a position to examine these documents and make sure that they’re fit for purpose. A broker can also tailor the application to ensure the client’s application fits their business needs, while additionally seeking for the best possible premium. An insurance broker can also work together with customers in managing risk, offering professional assistance throughout those crucial incidents when employer/employee friction has arisen.
Architect Insurance Brokers
The majority of architect and engineers insurance coverage policies will only cover claims made during the life of that policy, therefore it is essential to make sure that the coverage is active constantly. Though some carriers provide a rider for retroactive coverage, it can be more costly. Someone new to the process can easily find themselves overwhelmed by the wealth of options which are available. This is why we are here to help as an architect & engineers insurance brokerage well versed to the ins and outs of working in the business.
Serving design professionals as a top architects and engineers insurance company since 1923, Fenner & Esler is able to supply you with a wealth of effective choices. As an independent brokerage, we’re capable of customizing insurance policies which are going to fit your exact needs, unlike larger engineers and architects insurance brokerages. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.