Fenner & Esler isn’t just a top rated engineer and architect insurance company. We also provide design professionals with the finest options when it comes to employment practice liability insurance for architects. In addition to providing their own services as design professionals, it is typical for architects and architects to use assistants and other staff members to whom they could delegate design-related or administrative tasks. In any innovative firm, working relationships are frequently close ones, leading to a blurring of the lines between employer and worker, which in turn can lead to issues in terms of legal liabilities related to the employer status. To safeguard the future financial solvency of the firm as a whole, architects employment practice insurance is an indispensable investment.
Legal issues show up in even the closest of design firms. This makes EPLI for architects from an experienced independent engineer and architect insurance company like such as an absolutely investment that’s indispensable. While a complete human resource policy and process can serve as the building blocks for guarding you from liability problems, it is not enough when a lawsuit occurs. Even when a legal action is without merit, the cost of litigation could be large. Architect employment practice insurance can offer a monetary firewall in case of worker claims of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related problems. Architect employment practice liability insurance will cover the full expenses of defending a case, and take care of a settlement should the situation need it.
Architect Insurance Company
When you ask an insurance company to provide you with employment practice insurance for architects, they will first ask to get a copy of all internal documents relating to your human resource procedures. Choosing to insure with an insurance brokerage for architects or architects who specializes in architects employment practice insurance will in your best interest; the agent will make sure that the HR manual details all the information on policy and process that the insurance companies they deal with might need. An agent can also tailor the program to ensure the client’s application suits their business needs, while also seeking for the lowest possible premium. Brokers additionally have an awareness of architects employment practice insurance that enables them to offer advice and support if an employee makes a claim.
Architects Insurance Brokerages
As EPLI for architects works on a claims-made basis, it’s essential to maintain continuous coverage so that the company is protected. While some carriers provide a rider for retroactive coverage, it can be more expensive. As an experienced from a respected independent architect and engineers insurance broker, Fenner & Esler possesses the experience to help you navigate the process of choosing the ideal options, which may seem overwhelming to somebody who is just getting started.
The specialists in EPLI for architects at Fenner & Esler can help your firm obtain the best policy to suit your needs in Indiana from several A rated carriers so that the firm will also have safety from worker-related legal actions.
Fenner & Esler has been serving the requirements of design professionals in need of architects and engineers insurance by supplying a wealth of effective options since 1923. We’re an independent brokerage. This means that unlike larger architects and engineers 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.