Fenner & Esler isn’t just a highly rated architect and engineers insurance broker. We also provide design professionals with the finest alternatives when it comes to engineer EPLI. Most architects and architects have some staff, comprised of administrators and assistants. In any creative business, 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 liabilities related to the employer status. In order to protect the long-term financial viability of the design company, it is essential to take advantage of engineer employment practice insurance.
Even in the most closely knit design firms, employment issues can arise, making architect EPLI an essential investment. Even if you are confident in your HR framework to protect you from liability in most situations, there can 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 large. Employment practice insurance for architects can provide a financial firewall in the event of employee allegations of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related issues. EPLI for architects supplies protection, up to the limits of liability, for the cost of litigation as well as the expenses for any settlement of the case.
Architect Insurance Broker
If you ask an insurance company to provide you with engineer EPLI, they will first ask to get a copy of all internal documents concerning your human resource policies. Choosing to insure via an insurance brokerage for architects or architects specializing in EPLI for architects will to your advantage; the agent can ensure that the HR manual details all of the information on policy and procedure that the insurance companies they deal with might require. An insurance business expert with experience in presenting programs can assist design professionals to comply more carefully with the demands of insurance companies, garnering the best premiums available. Moreover, the insurance broker additionally functions as a partner in risk management by offering assistance when difficult situations with employees arise.
Architects Insurance Companies
The bulk of engineer employment practice insurance policies are only going to cover claims made during the life of that policy, therefore it is vital to ensure that the protection is active constantly. Though some carriers offer a rider for retroactive coverage, it can be more costly. As an experienced from a qualified independent architect & engineers insurance brokerage, Fenner & Esler has the experience to help you navigate the procedure for choosing the right options, which may seem overwhelming to someone that’s just beginning.
The experts in EPLI for architects at Fenner & Esler can assist your firm find the best coverage to suit your needs in Pennsylvania from numerous A rated carriers so that the firm will also have protection from worker-related legal actions.
Fenner & Esler has been serving the needs of design professionals in need of engineers and architects insurance by providing a variety of effective choices since 1923. As an independent broker, we are capable of individualizing insurance policies that will fit your precise requirements, unlike larger architect and engineer brokerages. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.