Fenner & Esler isn’t only a highly rated architects and engineers insurance company. We also offer design professionals with the best options in terms of employment practice insurance for engineers. On top of supplying professional services, a lot of engineers and engineers additionally act as employers for a team of assistants and administrative specialists. In any creative firm, working relationships are frequently close ones, resulting in a blurring of the lines between employer and employee, which can lead to issues in terms of legal obligations associated with the employer status. EPLI for engineers is important for design professionals that want to ensure the smooth running of the firm in the long-term.
Even in the most closely knit design firms, it’s possible for employment issues to arise, making employment practice insurance for engineers an essential investment. Even if you are confident in your HR framework to guard you from liability in most circumstances, there may come an occasion when you are facing some sort of legal action. Even if a legal action is without merit, the price of litigation could be significant. EPLI for engineers can offer a fiscal firewall in case of employee allegations of discrimination, wrongful termination, harassment or disciplinary actions, or other workplace-related problems. Engineers employment practice liability insurance provides protection, up to the limitations of liability, for the cost of litigation along with the costs for any resolution of the situation.
Engineers Insurance Broker
When submitting an application for engineer employment practice liability insurance, it is typical for the insurance provider to request a copy of the firm’s HR policy and procedure manual. Independent engineers and engineers insurance brokers that specialize in employment practice liability insurance for engineers will be in a place to review these records and make certain that they are fit for purpose. Additionally, the experienced insurance professional has the expertise to provide the application for coverage so that the business can get the defense it wants for the most affordable premium possible. Brokers also possess an understanding of EPLI for engineers that allows them to offer advice and support if an employee makes a claim.
Engineers Insurance Companies
The bulk of EPLI for engineers policies will merely cover claims made during the lifetime of that policy, so it is crucial to make sure that the protection is active constantly. While some carriers offer a rider for retroactive coverage, it may be more expensive. The considerable expertise we have at Fenner & Esler as an experienced a&e insurance brokerage will work to your advantage because this process can be easily overwhelming for someone who is just getting started.
The experts in employment practice insurance for engineers at Fenner & Esler are able to help your firm find the best plan to suit your needs in Tennessee from several A rated carriers so that the firm will also have safety from worker-related legal actions.
Serving design professionals as a top engineer and engineer insurance brokerage since 1923, Fenner & Esler can supply you with a wealth of effective alternatives. We’re an independent brokerage. This means that unlike larger engineer and engineer 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.