Fenner & Esler isn’t only a highly rated architect & engineers insurance company. We also offer design professionals with the best alternatives in terms of engineer EPLI. Most architects and architects have some employees, comprised of administrators and assistants. In any creative business, working relationships are frequently close ones, leading to a blurring of the lines between employer and employee, which may lead to issues in terms of legal obligations related to the employer status. To protect the future economic solvency of the business as a whole, EPLI for architects is an essential investment.
Legal issues come up in even the most closely knit of design firms, making seeking out architects employment practice insurance from a qualified independent architect & engineers insurance company like such as an absolutely essential investment. While a complete human resource policy and procedure can function as the inspiration for guarding you from liability issues, it isn’t enough when a suit occurs. Going to court is an expensive procedure even when you win the case. Employment practice insurance for architects can provide a financial firewall in the event of employee allegations of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related problems. Architect employment practice liability insurance will cover the full costs of defending a case, and take care of a settlement should the situation demand one.
Architects Insurance Company
If you’re submitting an application for employment practice liability insurance for architects, it is typical for the insurance carrier to ask for a copy of the firm’s human resources policy and procedure manual. Independent architects and architects insurance companies that specialize in EPLI for architects will be in a position to review these records and make certain that they’re fit for purpose. An insurance industry specialist with experience in presenting programs can assist design professionals to comply more carefully with the demands of insurance companies, getting the best rates available. Moreover, the insurance agent additionally functions as someone in risk management by offering guidance when problematic employee situations arise.
Architects Insurance Companies
As architect and engineers insurance coverage operates on a basis of claims-made, it’s essential to maintain constant coverage so that the firm is protected. Though some carriers offer a rider for retroactive coverage, it may be more expensive. Someone new to the procedure can easily find themselves overwhelmed by all the options which are available. This is the reason we’re here to assist as an architects and engineer insurance company well versed to the ins and outs of working in the business.
Serving design professionals as a leading architect and engineer insurance company since 1923, Fenner & Esler can provide you with a wealth of effective options. We can individualize a plan which will suit your exact individuals needs because we’re an independent brokerage. This is something difficult to obtain from larger architect and engineer insurance brokerages. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.