Fenner & Esler is not just a top rated architects and engineers insurance company, but we also provide design professionals with the best alternatives for EPLI for engineers. The majority of engineers and engineers have some staff, made up of administrators and assistants. In any creative company, working relationships are frequently close ones, leading to a blurring of the lines between employer and worker, which in turn may lead to issues in terms of legal liabilities related to the employer position. To protect the financial success of your business as a whole going forward, engineer employment practice liability insurance is an indispensable investment.
Legal issues come up in even the closest of design firms, making seeking out engineers employment practice insurance from a qualified independent architects and engineers insurance brokerage like such as an absolutely essential investment. Even if you are confident in your HR framework to protect you from liability in many situations, there will come an occasion when you are facing some sort of legal action. Even lawsuit that’s frivolous could be devastatingly expensive to defend. When an employee brings allegations of wrongdoing in the workplace (wrongful disciplinary measures, wrongful termination, harassment or discrimination, for instance) a buffer zone may be necessary to avoid the expense of the litigation from impacting the organization negatively. Employment practice insurance for engineers can cover the total costs of defending a case, and pay for a settlement should the situation require one.
Engineer Insurance Company
When submitting an application for EPLI for engineers, it’s typical for the insurance carrier to ask for a copy of the firm’s HR policy and procedure manual. Electing to insure via an insurance company for engineers or engineers specializing in engineers EPLI will in your best interest; the agent will ensure that the HR manual details all of the information on policy and procedure that the insurance providers they work with might require. An insurance industry expert with experience in presenting programs can assist design professionals to comply more closely with the requirements of insurance companies, garnering the greatest rates available. Moreover, the insurance broker additionally functions as a partner in risk management by offering assistance when problematic situations with employees arise.
Engineer Insurance Companies
The majority of engineer and architect insurance coverage policies are only going to cover claims made throughout the life of that policy, so it is vital to ensure that the coverage is active constantly. Retroactive coverage riders are obtainable from some providers but these can be more expensive. Somebody new to the process can find themselves easily overwhelmed by the wealth of options which are available. This is why we’re here to assist as an engineer and engineer insurance brokerage well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
The experts in architect & engineers insurance coverage at Fenner & Esler can help your firm get the best plan to match your needs in Georgia from several A rated carriers so that the firm will always have protection from employee-related legal actions.
Since 1923, Fenner & Esler has been serving the needs of design professionals in need of architects and engineers insurance coverage by supplying a variety of effective alternatives. We are an independent brokerage. This means that unlike larger engineers and engineers we can customize a plan which will suit your exact needs. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.