Fenner & Esler is not just a top rated architect & engineers insurance company. We also supply design professionals with the finest options in terms of architects employment practice liability insurance. The majority of architects and architects have some staff, made up of administrators and assistants. In any innovative business, working relationships are frequently close ones, leading to a blurring of the lines between employer and worker, which can lead to issues in terms of legal liabilities related to the employer position. To safeguard the future economic solvency of the firm as a whole, EPLI for architects is an essential investment.
Legal issues come up in even the most closely knit of design companies, making seeking out employment practice insurance for architects from an experienced independent engineers and architects insurance broker like such as an absolutely essential investment. While a comprehensive human resource policy and procedure can function as the inspiration for guarding you from liability problems, it isn’t enough when a suit occurs. Even a frivolous suit may be devastatingly expensive to defend. If a worker brings allegations of wrongdoing in the workplace (wrongful disciplinary measures, wrongful termination, discrimination or harassment, for instance) a buffer zone might be required to avoid the expense of the lawsuit from impacting the business negatively. Employment practice insurance for architects provides protection, up to the limitations of liability, for the cost of litigation as well as the costs for any settlement of the case.
Architect Insurance Broker
When a firm applies for employment practice liability insurance for architects, the insurance carrier is going to commonly ask to obtain a copy of the firm’s manual on HR procedure and policy. If the firm operates with an independent architects or architects insurance broker who specializes in architects employment practice liability insurance, the agent will ensure that policy and procedure handbook has the info that is needed by the insurance companies. A broker can also tailor the application to ensure the client’s application fits their business needs, while also seeking for the best possible premium. Moreover, the insurance agent also functions as somebody in risk management by offering assistance when difficult situations with employees arise.
Architects Insurance Companies
Our policies for architect & engineers insurance coverage operate on a claims-made basis; for this reason, it’s critical that coverage is kept constantly, otherwise the firm may not be covered. It’s possible to find insurance that will cover events retroactively, but the rates on such procedures are going to be more costly. The considerable expertise we have at Fenner & Esler as an experienced a&e insurance company will work to your advantage because this process can easily be overwhelming for somebody that’s just getting started.
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 options. we’re capable of customizing a plan which will suit your exact individuals requirements because we’re an independent brokerage. This is something difficult to obtain from larger engineer and architect insurance brokerages. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.