Fenner & Esler is not only a highly rated architect and engineers insurance company. We also supply design professionals with the finest options in terms of EPLI for architects. On top of providing professional services, a lot of architects and engineers additionally act as employers for a staff of assistants and administrative experts. In any innovative company, working relationships are often close ones, leading to a blurring of the lines between employer and employee, which may lead to issues in terms of legal liabilities associated with the employer status. To safeguard the future economic solvency of the business as a whole, EPLI for architects is an indispensable investment.
Even in the most closely knit design firms, it’s possible for employment issues to arise, which means seeking out a top architect & engineers insurance company for architects EPLI an investment that’s essential. Creating an exhaustive set of human resources practices and policies can go quite a distance towards safeguarding you from employment liability problems; nevertheless, such measures are inadequate in the face of actual litigation. Despite the fact that a legal action may be without merit, the price of litigation may be considerable. If a worker brings allegations of wrongdoing in the workplace (wrongful disciplinary measures, wrongful termination, harassment or discrimination, for example) a buffer zone might be needed to prevent the expense of the litigation from affecting the business in a negative fashion. Architects employment practice liability insurance will insure the full charges of defending a case, and pay for a settlement should the case need one.
Architects Insurance Company
When submitting an application for architects employment practice liability insurance, it is typical for the insurance provider to request a copy of the firm’s human resources policy and procedure manual. Choosing to insure with an insurance broker for architects or architects that specializes in employment practice insurance for architects can to your benefit; the agent will ensure that the HR manual details all of the information on policy and process that the insurance providers they work with might require. An insurance market expert with experience in presenting programs can assist design professionals to comply more closely with the demands of insurance companies, getting the best rates available. An insurance agent will also collaborate with clients in controlling risk, offering expert assistance during those vital episodes when employer/employee friction has arisen.
Architect Insurance Companies
Since architect and engineers insurance coverage operates on a basis of claims-made, it’s crucial to maintain constant protection so that the company is protected. Retroactive coverage riders are available from some companies but these can be more expensive. Somebody new to the procedure can find themselves easily overwhelmed by all the options that are available. This is why we are here to assist as an architects and engineers insurance company well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
Fenner & Esler’s experts in architect & engineers insurance coverage use a select group of A-rated insurance carriers to help your company to get the most cost-effective policy that covers your needs, making certain that your enterprise consistently enjoys protection from litigation associated to employee problems.
Fenner & Esler has been serving the needs of design professionals in need of architects & engineers insurance coverage by providing a wealth of effective options since 1923. As an independent broker, we’re able to customize insurance policies that will fit your exact needs, unlike larger architects and engineers brokerages. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.