Fenner & Esler isn’t just a highly rated architect and engineer insurance company. We additionally provide design professionals with the best options when it comes to EPLI for architects. In addition to providing their own solutions as design professionals, it is typical for architects and architects to employ assistants and other staff members to whom they can delegate design-related or administrative tasks. In any creative company, 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 associated with the employer position. To safeguard the future financial solvency of the firm as a whole, engineer employment practice insurance is an indispensable investment.
Even in the most closely knit design firms, it’s possible for employment issues to arise, making employment practice liability insurance for architects an investment that’s essential. Creating an exhaustive set of human resources practices and policies can go quite a distance towards shielding you from employment liability problems; however, such measures are inadequate in the face of an actual lawsuit. Going to court is a costly process even when you win the case. If an employee brings allegations of wrongdoing in the workplace (wrongful disciplinary actions, wrongful termination, discrimination or harassment, for example) a buffer zone may be necessary to prevent the expense of the suit from impacting the company in a negative fashion. Employment practice insurance for architects offers protection, up to the limitations of liability, for the expense of litigation in addition to the expenses for any settlement of the case.
Architects Insurance Brokerage
If a company applies for engineer employment practice insurance, the insurance carrier will normally ask to obtain a copy of the firm’s manual on HR process and policy. Choosing to insure via an insurance broker for architects or architects specializing in engineer employment practice liability insurance will in your best interest; the agent will make certain that the HR manual details all of the info on policy and process that the insurance companies they deal with may require. An insurance market specialist with experience in presenting programs can assist design professionals to comply more carefully with the requirements of insurance companies, getting the best rates available. An insurance agent can also collaborate with clients in managing risk, providing professional advice during those vital episodes when employer/employee friction has arisen.
Architects Insurance Companies
As employment practice liability insurance for architects works on a claims-made basis, it’s vital to maintain constant protection so that the company is protected. Though some carriers offer a rider for retroactive coverage, it can be more expensive. The substantial expertise we have at Fenner & Esler as an experienced architect and engineers insurance broker will work to your advantage because this process can easily be overwhelming for someone that’s just getting started.
The specialists in architects EPLI at Fenner & Esler can assist your firm find the best coverage to suit your demands in Washington D.C. from several A rated carriers so that your firm will also have safety from worker-related legal actions.
Serving design professionals as a top engineer and architect insurance company since 1923, Fenner & Esler is able to supply you with a wealth of effective choices. We’re an independent broker. This means that unlike larger engineer and architect 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.