Fenner & Esler is not just a highly rated architect & engineers insurance company. We also provide design professionals with the best alternatives when it comes to employment practice liability insurance for architects. In addition to providing their own providers as design professionals, it’s common for architects and architects to employ assistants and other staff members to whom they can delegate design-related or administrative tasks. In any innovative company, working relationships are frequently close ones, leading to a blurring of the lines between employer and worker, which in turn can lead to issues in terms of legal obligations related to the employer status. To protect the financial success of your business as a whole going forward, employment practice insurance for architects is an indispensable investment.
employment practice liability insurance for architects from a qualified independent architect & engineers insurance company like such as Fenner & Esler is essential because even in the most closely-knit design firms, employment problems may spring up. While a comprehensive human resource policy and process can serve as the building blocks for protecting you from liability issues, it’s not enough when a lawsuit occurs. Even a frivolous lawsuit can be incredibly expensive to defend. Architect EPLI can offer a monetary firewall in the case of employee allegations of discrimination, wrongful termination, harassment or disciplinary actions, or other workplace-related issues. EPLI for architects can insure the full charges of defending a case, and take care of a settlement should the case need one.
Architects Insurance Company
When you ask an insurance company to provide you with employment practice liability insurance for architects, they will first ask to get a copy of all internal documents relating to your human resource guidelines. If the company works with an independent architects or architects insurance broker who specializes in EPLI for architects, the agent will make certain that policy and procedure handbook has the info that is needed by the insurance companies. An insurance business specialist with expertise in presenting applications will be able to help design professionals to comply more carefully with the demands of insurance companies, getting the best rates available. Moreover, the insurance broker additionally functions as someone in risk management by providing advice when difficult employee situations come up.
Architect Insurance Companies
As architect & engineers insurance coverage operates on a basis of claims-made, it is crucial to maintain constant coverage so that the business is protected. While some carriers offer a rider for retroactive coverage, it may be more expensive. As an experienced from a qualified independent architect and engineer insurance company, Fenner & Esler possesses the experience to help you navigate the process of choosing the right options, which can seem overwhelming to someone that’s just beginning.
Since 1923, Fenner & Esler has been serving the needs of design professionals who have needed architects and engineers insurance coverage by supplying a variety of effective alternatives. we are capable of customizing a plan which will suit your precise individuals needs as a result of the fact that we are an independent brokerage. This is something difficult to obtain from larger architect and engineer insurance brokerages. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.