Fenner & Esler is not merely a top rated architect and engineers insurance brokerage, but we also provide design professionals with the finest options for engineer employment practice liability insurance. In addition to supplying professional services, many architects and engineers also act as employers for a team of assistants and administrative experts. In any innovative firm, working relationships are often close ones, leading to a blurring of the lines between employer and worker, which may lead to issues in terms of legal liabilities associated with the employer position. In order to safeguard the long-term economic viability of the design firm, it is crucial to take advantage of engineer employment practice liability insurance.
Architect employment practice insurance from a respected independent architect and engineers insurance broker like such as Fenner & Esler is essential because even in the most closely-knit design firms, employment issues may arise. Establishing an exhaustive set of H.R. practices and policies can go quite a distance towards shielding you from employment liability issues; however, such steps are insufficient in the face of an actual lawsuit. Going to court is an expensive process even if you win the case. Architects EPLI provides a financial firewall in the event of worker claims of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related issues. Up to the optimum limit of indebtedness, an appropriate architects employment practice liability insurance product can provide architects and architects and creative experts with coverage to take care of the cost of defending a lawsuit; it can also cover any expenses incurred in settling the suit.
Architect Insurance Brokerage
If you’re submitting an application for employment practice insurance for architects, it’s typical for the insurance carrier to request a copy of the firm’s human resources policy and procedure manual. If the firm works with an independent architects or architects insurance company who specializes in architects employment practice insurance, the broker will make certain that policy and procedure guide has the info that is required by the insurance companies. A broker can also tailor the application to ensure that the client’s application suits their business needs, while additionally searching for the cheapest possible premium. insurance companies also have an awareness of employment practice liability insurance for architects that allows them to offer advice and support should an employee make a claim.
Architect Insurance Companies
Architect employment practice insurance works on a claims-made basis; for this reason, it is imperative that coverage is maintained always, otherwise the business might not be insured. Though some carriers offer a rider for retroactive coverage, it may be more expensive. The substantial experience we have at Fenner & Esler as an experienced architect & engineers insurance brokerage will work to your advantage because this process can easily be overwhelming for somebody that’s just getting started.
Fenner & Esler employment practice liability insurance for architects specialists are professionals in the area and will find an insurance answer with an A rated provider that is tailored only for you in South Carolina, ensuring that the equilibrium of your company is constantly assured.
Since 1923, Fenner & Esler has been serving the needs of design professionals in need of architect and engineer insurance by providing a variety of effective options. we’re capable of individualizing a plan which will suit your precise individuals requirements as a result of the fact that we are an independent brokerage. This is something difficult to find from larger architects and engineers brokerages. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.