Fenner & Esler isn’t only a highly rated architect and engineers insurance company. We additionally offer design professionals with the best options when it comes to employment practice insurance for architects. Most architects and architects have some employees, comprised of administrators and assistants. In any innovative business, working relationships are often close ones, resulting in a blurring of the lines between employer and worker, which may lead to issues in terms of legal obligations associated with the employer status. In order to safeguard the long-term financial viability of the design company, it is vital to carry EPLI for architects.
Even in the most closely knit design firms, employment issues can arise, making EPLI for architects an essential investment. Creating an exhaustive set of human resources practices and guidelines can go a long way towards safeguarding you from employment liability problems; yet, such actions are inadequate in the face of an actual lawsuit. Going to court is an expensive procedure even if you win the case. When you have architects employment practice insurance, you’ll make sure that your financial security is protected against any type of suit coming from claims of unjust dismissal, harassment or other violations of workplace regulations. Up to the optimum limit of liability, an appropriate architects EPLI product can offer architects and architects and creative specialists with coverage to take care of the expense of defending a lawsuit; it can also cover any expenses incurred in settling the suit.
Architect Insurance Broker
If a firm applies for employment practice liability insurance for architects, the insurance provider is going to commonly ask to obtain a copy of the firm’s manual on HR procedure and policy. If the company operates with an independent architects or architects insurance brokerage who specializes in employment practice insurance for architects, the broker will ensure that policy and procedure handbook has the information that is required by the insurance companies. An insurance business expert with expertise in presenting applications can help design professionals to comply more carefully with the demands of insurance companies, garnering the best premiums available. An insurance professional can also work together with customers in managing risk, offering expert advice during these crucial incidents when employer/employee friction has arisen.
Architect Insurance Brokers
The bulk of architects employment practice insurance policies will only cover claims made throughout the life of that policy, so it is vital to ensure that the protection is active constantly. While some carriers offer a rider for retroactive coverage, it can be more expensive. The considerable expertise we have at Fenner & Esler as an experienced architect & engineers insurance brokerage will work to your benefit because this process can easily be overwhelming for someone that’s just getting started.
Fenner & Esler’s specialists in employment practice insurance for architects use a select group of A-rated insurance carriers to help your company to get the most cost-effective plan that handles your needs, making certain that your enterprise consistently enjoys protection from litigation associated to employee issues.
Serving design professionals as a leading engineers and architects insurance company since 1923, Fenner & Esler is able to provide you with a wealth of effective alternatives. We’re an independent broker. This means that unlike larger architect and engineer 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.