Fenner & Esler is not just a highly rated architects and engineers insurance company, but we additionally supply design professionals with the finest alternatives for engineers employment practice insurance. On top of providing professional solutions, many engineers and engineers also act as employers for a team of assistants and administrative professionals. In any innovative company, working relationships are often close ones, resulting in a blurring of the lines between employer and worker, which 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 insurance is an indispensable investment.
Engineers employment practice liability insurance from a respected independent architects and engineers insurance broker like such as Fenner & Esler is important because even in the most closely-knit design firms, employment issues could arise. Establishing an exhaustive set of H.R. practices and procedures can go quite a distance towards protecting you from employment liability problems; nevertheless, such actions are inadequate in the face of an actual lawsuit. Going to court is an expensive process even when you win the case. EPLI for engineers can offer a financial firewall in the case of worker allegations of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related problems. Engineer EPLI can cover the full costs of defending a case, and take care of a settlement should the case require it.
Engineer Insurance Broker
When submitting an application for engineers employment practice insurance, it is typical for the insurance provider to request a copy of the firm’s HR policy and procedure manual. Independent engineers and engineers insurance companies that specialize in engineer employment practice insurance will be in a place to review these files and make certain that they are fit for purpose. A broker can also tailor the application to make sure that the client’s application suits their business needs, while also searching for the lowest possible premium. An insurance professional can also work together with clients in managing risk, providing expert guidance throughout those vital incidents when employer/employee friction has arisen.
Engineers Insurance Companies
The bulk of engineers employment practice liability insurance policies are only going to cover claims made throughout the lifetime of that policy, so it is vital to ensure that the coverage is active at all times. Retroactive coverage riders are available from some suppliers but these can be more expensive. As an experienced from a respected independent engineer & engineers insurance brokerage, Fenner & Esler has the experience to help you navigate the procedure for selecting the ideal options, which may seem overwhelming to somebody that’s just getting started.
Fenner & Esler’s experts in engineers employment practice liability insurance work with a select group of A-rated insurance carriers to assist your firm in obtaining the most cost-effective plan that handles your needs, making sure that your enterprise consistently enjoys protection from legal action associated to employee problems.
Fenner & Esler has been serving the needs of design professionals in need of engineers and engineers insurance by supplying a wealth of effective alternatives since 1923. As an independent broker, we are capable of customizing insurance policies which will fit your precise requirements, unlike larger engineer and engineer brokerages. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.