Fenner & Esler isn’t only a highly rated architect and engineers insurance company, but we additionally supply design professionals with the best alternatives for employment practice liability insurance for architects. The majority of architects and architects have some staff, comprised of administrators and assistants. In any creative company, working relationships are frequently close ones, leading to a blurring of the lines between employer and employee, which may lead to issues in terms of legal obligations related to the employer position. Architects employment practice liability insurance is essential for design professionals who wish to ensure the smooth working of the business in the long-term.
Even in the most closely knit design firms, it’s possible for employment issues to arise, making architect employment practice insurance an investment that’s essential. Establishing an exhaustive set of human resources practices and policies can go a long way towards shielding you from employment liability problems; yet, such actions are insufficient in the face of an actual lawsuit. Even a frivolous suit could be devastatingly expensive to defend. If a worker brings allegations of wrongdoing in the workplace (wrongful disciplinary actions, wrongful termination, discrimination or harassment, for instance) a buffer zone might be required to prevent the expense of the litigation from affecting the organization negatively. Architect employment practice liability insurance provides coverage, up to the limitations of liability, for the cost of litigation as well as the expenditures for any settlement of the situation.
Architects Insurance Broker
When you ask an insurer to provide you with EPLI for architects, they will first ask to get a copy of all internal documents concerning your human resource procedures. Independent architects and architects insurance brokers that specialize in architects employment practice insurance will be in a position to examine these files and ensure that they are fit for purpose. Also, the seasoned insurance professional has the experience presenting the program for coverage so that the company can get the defense it wants for the least expensive premium possible. Moreover, the insurance agent also functions as a partner in risk management by offering guidance when difficult employee situations come up.
Architects Insurance Companies
Employment practice insurance for architects operates on the basis of claims made; for this reason, it’s critical that coverage is kept constantly, or else the firm might not be insured. It’s possible to find insurance that’ll cover events in the past, but the rates on such guidelines will be more costly. The considerable expertise we have at Fenner & Esler as an experienced architects and engineers insurance broker will work to your benefit because this process can be easily overwhelming for someone who is just getting started.
Fenner & Esler’s experts in architects employment practice insurance use a select group of A-rated insurance carriers to help your company to obtain the most cost-effective coverage that handles your needs, ensuring that your business consistently enjoys protection from legal action related to employee problems.
Since 1923, Fenner & Esler has been serving the requirements of design professionals who have needed architect and engineer insurance by providing a variety of effective options. We are an independent brokerage. This means that unlike larger engineer and architect 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.