Fenner & Esler is not just a top rated architect & engineers insurance company, but we also provide design professionals with the finest options for employment practice liability insurance for architects. On top of supplying professional services, a lot of architects and engineers also act as employers for a staff of assistants and administrative experts. In any creative firm, working relationships are often close ones, leading to a blurring of the lines between employer and employee, which may lead to issues in terms of legal liabilities related to the employer position. To safeguard the future financial solvency of the company as a whole, employment practice liability insurance for architects is an investment that’s indispensable.
Legal issues come up in even the most closely knit of design companies, making seeking out employment practice liability insurance for architects from a qualified independent architect & engineers insurance company like such as an absolutely essential investment. Establishing an exhaustive set of H.R. practices and procedures can go a long way towards shielding you from employment liability issues; nevertheless, such measures are inadequate in the face of actual litigation. Going to court is a costly procedure even when you win the case. Architects EPLI provides a financial firewall in the event of employee allegations of discrimination, wrongful termination, harassment or disciplinary actions, or other workplace-related issues. EPLI for architects provides coverage, up to the limitations of liability, for the cost of litigation as well as the expenditures for any resolution of the situation.
Architect Insurance Company
When a company applies for engineer employment practice liability insurance, the insurance carrier is going to normally ask to see a copy of the firm’s manual on HR process and policy. Independent architects and architects insurance brokerages that specialize in employment practice liability insurance for architects is going to be in a place to review these files and make sure that they’re fit for purpose. An agent can also tailor the program to ensure that the client’s application fits their business needs, while additionally seeking for the best possible premium. Moreover, the insurance agent additionally acts as somebody in risk management by offering guidance when difficult situations with employees arise.
Architects Insurance Companies
As architect & engineers insurance coverage operates on a basis of claims-made, it’s essential to maintain constant coverage so that the company is protected. Retroactive coverage riders are available from some providers but these can be more expensive. Someone new to the procedure can find themselves easily overwhelmed by the wealth of choices which are available. This is why we’re here to assist as an architect & engineers insurance company well versed to the ins and outs of working in the business.
Serving design professionals as a leading architects & engineers insurance company since 1923, Fenner & Esler is able to supply you with a wealth of effective alternatives. We are an independent brokerage. 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.