Fenner & Esler isn’t just a top rated architect & engineers insurance company. We also supply design professionals with the best options in terms of engineer EPLI. In addition to offering their particular solutions as design professionals, it is typical for architects and architects to employ assistants and other workers to whom they can delegate design-related or administrative jobs. In any creative firm, working relationships are frequently close ones, leading to a blurring of the lines between employer and employee, which in turn may lead to issues in terms of legal obligations associated with the employer position. To protect the future economic solvency of the firm as a whole, employment practice liability insurance for architects is an essential investment.
employment practice liability insurance for architects from a qualified independent architect & engineers insurance company like such as Fenner & Esler is important because even in design firms that are closely knit, employment issues may arise. Even if you are assured in your HR structure to protect you from liability in many circumstances, there may come a time when you are facing some sort of legal action. Even if a legal action is without merit, the cost of litigation could be considerable. Architects EPLI provides a financial firewall in the event of worker claims of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related issues. Architect EPLI can cover the full expenses of defending a case, and take care of a settlement should the situation need one.
Architect Insurance Company
If you’re submitting an application for EPLI for architects, it’s typical for the insurance carrier to ask for a copy of the firm’s HR policy and procedure manual. Electing to insure via an insurance company for architects or architects specializing in EPLI for architects will be helpful; the broker will ensure that the HR manual details all the information on policy and procedure that the insurance providers they work with might need. An insurance industry specialist with experience in presenting programs can help design professionals to comply more carefully with the requirements of insurance companies, getting the best premiums available. An insurance professional can additionally collaborate with clients in controlling risk, providing expert guidance throughout these critical incidents when employer/employee friction has arisen.
Architect Insurance Brokerages
Because engineers and architects insurance coverage operates on a claims-made basis, it is crucial to maintain continuous coverage so that the firm is protected. Retroactive coverage riders are obtainable from some providers but these can be more expensive. Someone new to the procedure can find themselves easily overwhelmed by the wealth of choices which are available. This is why we’re here to assist as an architect & engineers insurance company well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
Fenner & Esler architect & engineers insurance coverage specialists are professionals in the field and may find an insurance solution with an A rated provider that’s tailored only for you in Virginia, making certain that the equilibrium of your company is usually guaranteed.
Fenner & Esler has been serving the requirements of design professionals in need of architects & engineers insurance coverage by supplying a wealth of effective choices since 1923. We can individualize a plan which will suit your exact individuals requirements because we are an independent brokerage. This is something hard to find from larger engineer and architect brokerages. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.