Fenner & Esler isn’t just a top rated architect and engineers insurance company. We also offer design professionals with the best alternatives when it comes to engineer employment practice insurance. The majority of architects and architects have some staff, made up of administrators and assistants. In any innovative firm, 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 liabilities related to the employer status. To protect the financial success of your business as a whole going forward, engineer EPLI is an investment that’s indispensable.
Architects EPLI from a respected independent architect & engineers insurance company like such as Fenner & Esler is important because even in design firms which are closely knit, employment issues could spring up. Establishing an exhaustive set of H.R. practices and policies can go a long way towards protecting you from employment liability issues; nevertheless, such measures are inadequate in the face of actual litigation. Despite the fact that a legal action may be without merit, the cost of litigation can be significant. EPLI for architects can provide a financial firewall in the case of employee allegations of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related problems. Architect EPLI supplies protection, up to the limitations of liability, for the cost of litigation as well as the costs for any settlement of the case.
Architect Insurance Company
When you ask an insurance company to provide you with EPLI for architects, they will first ask to obtain a copy of all internal documents concerning your human resource guidelines. Independent architects and architects insurance companies that specialize in architects employment practice liability insurance will be in a position to review these files and make sure that they’re fit for purpose. An insurance industry expert with experience in presenting applications will be able to help design professionals to comply more closely with the requirements of insurance companies, getting the best rates available. Moreover, the insurance broker also acts as somebody in risk management by providing assistance when difficult situations with employees arise.
Architect Insurance Companies
Since architect & engineers insurance coverage operates on a claims-made basis, it is crucial to maintain continuous coverage so that the company is protected. Retroactive coverage riders are available from some providers but these can be more expensive. As an experienced from a respected independent architect & engineers insurance brokerage, Fenner & Esler has the experience to help you navigate the process of choosing the right options, which may seem overwhelming to somebody that’s just beginning.
Since 1923, Fenner & Esler has been serving the requirements of design professionals in need of architects & engineers insurance coverage by supplying a wealth of effective alternatives. we’re capable of individualizing a plan which will suit your exact individuals needs because we are an independent brokerage. This is something difficult to obtain from larger architects and engineers insurance brokerages. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.