Fenner & Esler isn’t only a highly rated architects and engineers insurance company. We also offer design professionals with the finest alternatives when it comes to engineer EPLI. On top of providing professional services, a lot of architects and engineers additionally act as employers for a team of assistants and administrative professionals. In any creative company, working relationships are frequently close ones, resulting in a blurring of the lines between employer and worker, which may lead to issues in terms of legal liabilities associated with the employer position. In order to protect the long-term economic viability of the design company, it is essential to take advantage of engineer EPLI.
Architects employment practice liability insurance from a qualified independent architect & engineers insurance company like such as Fenner & Esler is essential because even in design firms which are closely knit, employment problems may arise. While a comprehensive human resource policy and process can function as the inspiration for guarding you from liability problems, it is not enough when a lawsuit arises. Even when a legal action is without merit, the cost of litigation may be significant. If an employee brings allegations of wrongdoing in the workplace (wrongful disciplinary action, wrongful termination, harassment or discrimination, for instance) a buffer zone may be needed to avoid the cost of the litigation from affecting the organization in a negative fashion. Architects employment practice liability insurance can insure the full charges of defending a case, and pay for a settlement should the situation need one.
Architects Insurance Company
When you ask an insurance company to provide you with architects employment practice insurance, they’ll first ask to get a copy of all internal documents concerning your human resource procedures. Independent architects and architects insurance brokerages that specialize in architects EPLI will be in a place to review these files and make sure that they are fit for purpose. Also, the seasoned insurance specialist has the expertise to present the application for coverage to ensure that the company can get the safety it needs for the least expensive premium possible. An insurance professional will additionally collaborate with customers in controlling risk, offering expert advice throughout these vital incidents when employer/employee friction has arisen.
Architect Insurance Companies
Because architect and engineers insurance coverage works on a claims-made basis, it is crucial to maintain constant protection so that the firm is protected. Though some carriers provide a rider for retroactive coverage, it can be more costly. The significant expertise we have at Fenner & Esler as an experienced architect & engineers insurance company will work to your advantage because this process can easily be overwhelming for somebody who is just getting started.
Architects & Engineers Insurance
Fenner & Esler’s specialists in engineers and architects insurance coverage use a select group of A-rated insurance carriers to assist your firm in obtaining the most cost-effective plan that handles your needs, making sure that your business consistently enjoys protection from legal action associated to employee problems.
Serving design professionals as a leading architects and engineers insurance company since 1923, Fenner & Esler is able to provide you with a variety of effective choices. We are an independent broker. This means that unlike larger architect and engineer we can customize a plan which will suit your exact needs. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.