Fenner & Esler isn’t just a top rated architect & engineers insurance company. We also offer design professionals with the best options in terms of engineer employment practice insurance. The majority of architects and architects have some employees, comprised of administrators and assistants. In any innovative company, 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 obligations related to the employer status. In order to safeguard the long-term financial viability of the design firm, it is crucial to carry employment practice insurance for architects.
Architects EPLI from a respected independent architect and engineer insurance company like such as Fenner & Esler is important because even in the most closely-knit design firms, employment issues can spring up. Even if you are confident in your HR structure to guard you from liability in many circumstances, there will come an occasion when you are facing some sort of legal action. Going to court is an expensive procedure even when you win the case. When you have employment practice liability insurance for architects, you’ll ensure that your financial security is safeguarded from any sort of lawsuit coming from claims of unjust dismissal, harassment or other violations of office laws. Up to the maximum limit of indebtedness, an appropriate engineer EPLI product can provide architects and architects and creative specialists with protection to manage the price of defending a lawsuit; it can also cover any expenses incurred in settling the suit.
Architect Insurance Broker
If you’re submitting an application for employment practice liability insurance for architects, it’s common for the insurance carrier to ask for a copy of the firm’s human resources policy and procedure manual. Independent architects and architects insurance brokerages that specialize in architects employment practice insurance will be in a position to review these files and make sure that they’re fit for purpose. An insurance market expert with expertise in presenting applications will be able to help design professionals to comply more closely with the requirements of insurance companies, getting the greatest rates available. An insurance agent will additionally work together with customers in managing risk, offering professional advice throughout those crucial incidents when employer/employee friction has arisen.
Architects Insurance Companies
As engineer and architect insurance coverage operates on a claims-made basis, it is vital to maintain constant protection so that the firm is protected. While some carriers offer a rider for retroactive coverage, it can be more expensive. Somebody new to the procedure can find themselves easily overwhelmed by all the options which are available. This is the reason we are here to help as an architect & engineers insurance brokerage well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
Fenner & Esler’s experts in architect & engineers insurance coverage work with a select team of A-rated insurance carriers to assist your firm in obtaining the most cost-effective policy that addresses your needs, ensuring that your business consistently enjoys protection from litigation related to employee problems.
Fenner & Esler has been serving the requirements of design professionals in need of architects and engineers insurance coverage by supplying a wealth of effective choices since 1923. We’re an independent broker. This means that unlike larger engineers and architects 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.