Fenner & Esler isn’t only a top rated engineer and architect insurance company. We additionally supply design professionals with the best alternatives in terms of employment practice liability insurance for architects. On top of providing professional services, many architects and engineers also act as employers for a staff of assistants and administrative specialists. In any innovative business, working relationships are frequently close ones, resulting in a blurring of the lines between employer and worker, which can 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, architects employment practice insurance is an essential investment.
Architect employment practice insurance from a qualified independent architects and engineers insurance company like such as Fenner & Esler is essential because even in design firms which are closely knit, employment issues could arise. Even if you are assured in your HR framework to protect you from liability in many circumstances, there may come an occasion when you are facing some sort of legal action. Even lawsuit that’s frivolous could be incredibly expensive to defend. Employment practice insurance for architects can provide a financial firewall in the event of worker claims of discrimination, wrongful termination, harassment or disciplinary actions, or other workplace-related problems. EPLI for architects can cover the full expenses of defending a case, and pay for a settlement should the case need it.
Architects Insurance Broker
If you’re submitting an application for engineer employment practice insurance, it is common for the insurance carrier to request a duplicate of the firm’s HR policy and procedure manual. Independent architects and architects insurance brokers that specialize in architects EPLI will be in a position to review these files and make sure that they’re fit for purpose. Additionally, the seasoned insurance specialist has the knowledge presenting the application for coverage so that the company can get the safety it wants for the least expensive premium possible. Moreover, the insurance agent also acts as a partner in risk management by providing assistance when difficult employee situations arise.
Architects Insurance Companies
The bulk of architect and engineers insurance coverage policies will merely cover claims made throughout the lifetime of that policy, so it is vital to make sure that the protection is active at all times. It is possible to find insurance which will cover activities retroactively, but the premiums on such policies will be more costly. Somebody new to the process can easily find themselves overwhelmed by the wealth of options that are available. This is the reason we are here to assist as an engineers and architect insurance brokerage well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
The experts in at Fenner & Esler can assist your firm get the best plan to match your demands in Maryland from numerous A rated carriers to ensure that the firm will also have protection from employee-related legal actions.
Serving design professionals as a leading architects & engineers insurance company since 1923, Fenner & Esler can supply you with a variety of effective options. 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.