Fenner & Esler is not only a highly rated architect and engineer insurance company. We additionally provide design professionals with the finest options in terms of employment practice liability insurance for architects. As well as offering their own services as design professionals, it’s typical for architects and architects to employ assistants and other staff members to whom they can delegate design-related or administrative tasks. In any innovative business, working relationships are often close ones, leading to a blurring of the lines between employer and worker, which in turn may lead to issues in terms of legal liabilities associated with the employer status. In order to protect the long-term financial viability of the design firm, it is essential to carry engineer employment practice insurance.
Even in the most closely knit design firms, employment issues can arise, making employment practice liability insurance for architects an essential investment. Even if you are confident in your HR structure to protect you from liability in most instances, there can come an occasion when you are facing some kind of legal action. Even a frivolous suit may be devastatingly expensive to defend. By having architects employment practice insurance, you’ll make sure that your financial security is safeguarded from any kind of litigation arising from claims of unfair dismissal, harassment or other violations of office regulations. Architect employment practice liability insurance will insure the full expenses of defending a case, and take care of a settlement should the case need one.
Architect Insurance Brokerage
When submitting an application for EPLI for architects, it’s typical for the insurance provider to ask for a copy of the firm’s HR policy and procedure manual. If the company works with an independent architects or architects insurance broker who specializes in architects employment practice insurance, the broker can ensure that policy and procedure guide has the info that is needed by the insurance companies. A broker can also tailor the software to make sure that the client’s application suits their business needs, while additionally seeking for the best possible premium. Brokers additionally possess an awareness of EPLI for architects which allows them to provide advice and assistance if an employee makes a claim.
Architect Insurance Brokerages
Architect employment practice insurance operates on a claims-made basis; for this reason, it’s critical that coverage is maintained constantly, or else the business may not be insured. Retroactive coverage riders are obtainable from some companies but these can be more expensive. The substantial experience we have at Fenner & Esler as an experienced a&e insurance brokerage will work to your advantage because this process can easily be overwhelming for someone that’s just getting started.
Fenner & Esler employment practice insurance for architects specialists are experts in the area and will find an insurance solution with an A rated carrier who is tailored only for you in Ohio, making sure that the stability of your business is always assured.
Fenner & Esler has been serving the requirements of design professionals in need of engineers and architects insurance by supplying a wealth of effective options since 1923. We are an independent broker. This means that unlike larger architects and engineers 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.