Fenner & Esler is not just a highly rated architect & engineers insurance company. We also provide design professionals with the best alternatives when it comes to employment practice liability insurance for architects. The majority of architects and architects have some staff, made up of administrators and assistants. In any creative business, working relationships are frequently close ones, resulting in a blurring of the lines between employer and worker, which in turn can lead to issues in terms of legal obligations associated with the employer position. To protect the financial success of your business as a whole going forward, EPLI for architects is an investment that’s indispensable.
EPLI for architects from a respected independent architect & engineers insurance company like such as Fenner & Esler is essential because even in design firms that are closely knit, employment problems could spring up. Even if you are confident in your HR structure to protect you from liability in most circumstances, there will come a time when you are facing some sort of legal action. Even if a legal action is without merit, the cost of litigation may be considerable. When an employee brings allegations of wrongdoing in the workplace (wrongful disciplinary action, wrongful termination, harassment or discrimination, for example) a buffer zone might be necessary to avoid the expense of the suit from affecting the business negatively. Employment practice insurance for architects supplies protection, up to the limitations of liability, for the expense of litigation as well as the costs for any settlement of the situation.
Architect Insurance Company
When you ask an insurer to provide you with engineer employment practice insurance, they will first ask to get a copy of all internal documents concerning your human resource guidelines. Choosing to insure with an insurance brokerage for architects or architects specializing in employment practice liability insurance for architects can in your best interest; the agent will make sure that the HR manual details all the information on policy and procedure that the insurance providers they deal with might require. Also, the experienced insurance professional has the knowledge presenting the application for coverage to ensure that the firm can get the safety it wants for the least expensive premium possible. Moreover, the insurance broker also functions as a partner in risk management by offering guidance when difficult situations with employees come up.
Architect Insurance Brokerages
As architect & engineers insurance coverage operates on a claims-made basis, it’s essential to maintain constant coverage so that the company is protected. Though some carriers offer a rider for retroactive coverage, it can be more expensive. Somebody new to the procedure can find themselves easily overwhelmed by the wealth of choices that are available. This is why we are here to assist as an architect & engineers insurance broker well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
Fenner & Esler’s experts in architect & engineers insurance coverage work with a select team of A-rated insurance carriers to help your business to get the most cost-effective coverage that addresses your needs, ensuring that your enterprise consistently enjoys protection from legal action related to employee issues.
Serving design professionals as a leading architects & engineers insurance company since 1923, Fenner & Esler is able to supply you with a wealth of effective choices. We’re an independent brokerage. 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.