Fenner & Esler is not just a top rated architects and engineers insurance company, but we additionally supply design professionals with the finest alternatives for employment practice insurance for architects. In addition to supplying professional services, many architects and engineers additionally act as employers for a team of assistants and administrative professionals. In any innovative firm, working relationships are often close ones, leading to a blurring of the lines between employer and worker, which in turn may lead to issues in terms of legal obligations associated with the employer position. In order to protect the long-term economic viability of the design company, it is essential to take advantage of architects EPLI.
Even in the most closely knit design firms, employment issues can arise, which means seeking out a top architect & engineers insurance company for EPLI for architects an essential investment. Even if you are confident in your HR structure to protect you from liability in many situations, there can come an occasion when you are facing some sort of legal action. Despite the fact that a legal action may be without merit, the price of litigation may be considerable. Architect EPLI provides a monetary firewall in the case of worker allegations of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related problems. Employment practice insurance for architects will insure the total charges of defending a case, and take care of a settlement should the case demand it.
Architect Insurance Company
When submitting an application for architects employment practice liability insurance, it is common for the insurance provider to request a copy of the firm’s human resources policy and procedure manual. If the business operates with an independent architects or architects insurance company who specializes in EPLI for architects, the broker can ensure that policy and procedure handbook has the information that is required by the insurance companies. An agent can also tailor the software to make sure that the client’s application fits their business needs, while additionally seeking for the best possible premium. An insurance agent can also collaborate with customers in controlling risk, offering professional assistance throughout these critical incidents when employer/employee friction has arisen.
Architect Insurance Companies
Because architect and engineer insurance coverage operates on a claims-made basis, it’s vital to maintain continuous coverage so that the company is protected. It is possible to locate insurance that may cover activities in the past, but the premiums on such procedures will be more costly. The substantial expertise we have at Fenner & Esler as an experienced architect and engineer insurance broker will work to your advantage because this process can be easily overwhelming for somebody that’s just getting started.
Fenner & Esler has been serving the requirements of design professionals in need of architect and engineer insurance coverage by providing a variety of effective options since 1923. 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.