Fenner & Esler is not just a highly rated architect and engineers insurance company, but we additionally provide design professionals with the best alternatives for engineer EPLI. In addition to providing professional solutions, a lot of architects and engineers additionally act as employers for a team of assistants and administrative professionals. In any creative business, working relationships are frequently close ones, leading to a blurring of the lines between employer and employee, which can lead to issues in terms of legal liabilities associated with the employer status. To protect the financial success of your business as a whole going forward, EPLI for architects is an indispensable investment.
Even in the most closely knit design firms, employment issues can arise, which means seeking out a top architect and engineers insurance company for employment practice liability insurance for architects an essential investment. While a complete human resource policy and process can serve as the building blocks for protecting you from liability problems, it is not enough when a lawsuit occurs. Even a frivolous lawsuit can be devastatingly expensive to defend. If an employee brings allegations of wrongdoing in the workplace (wrongful disciplinary actions, wrongful termination, harassment or discrimination, for instance) a buffer zone might be needed to stop the cost of the suit from impacting the organization in a negative fashion. EPLI for architects offers protection, up to the limitations of liability, for the expense of litigation along with the expenses for any resolution of the case.
Architects Insurance Company
If you ask an insurance company to provide you with architects employment practice liability insurance, they’ll first ask to get a copy of all internal documents concerning your human resource procedures. If the business works with an independent architects or architects insurance brokerage who specializes in engineer employment practice liability insurance, the broker will ensure that policy and procedure handbook has the information that is required by the insurance companies. A broker can also tailor the software to ensure the client’s application suits their business needs, while also seeking for the lowest possible premium. Moreover, the insurance broker additionally functions as a partner in risk management by providing guidance when difficult situations with employees arise.
Architect Insurance Brokers
Since architect & engineers insurance coverage works on a claims-made basis, it is essential to maintain constant coverage so that the business is protected. Though some carriers provide a rider for retroactive coverage, it can be more expensive. The considerable expertise we have at Fenner & Esler as an experienced a&e insurance broker will work to your benefit because this process can easily be overwhelming for somebody that’s just getting started.
Architects & Engineers Insurance
Fenner & Esler architect and engineer insurance coverage specialists are experts in the area and can find an insurance solution with an A rated provider that’s tailored just for you in Alaska, ensuring that the stability of your company is constantly guaranteed.