Fenner & Esler is not only a top rated architect and engineers insurance company, but we also supply design professionals with the best alternatives for engineer employment practice liability insurance. In addition to providing their own solutions as design professionals, it’s common for engineers and engineers to employ assistants and other staff members to whom they could delegate design-related or administrative tasks. In any creative firm, working relationships are often close ones, leading to a blurring of the lines between employer and employee, which can lead to issues in terms of legal obligations associated with the employer position. In order to protect the long-term financial viability of the design company, it is crucial to carry EPLI for engineers.
Even in the most closely knit design firms, employment issues can arise, making employment practice liability insurance for engineers an investment that’s essential. Establishing an exhaustive set of human resources practices and procedures can go quite a distance towards protecting you from employment liability issues; yet, such measures are inadequate in the face of an actual lawsuit. Even if a legal action is without merit, the cost of litigation can be considerable. EPLI for engineers can offer a fiscal firewall in the event of employee claims of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related problems. Employment practice insurance for engineers offers coverage, up to the limits of liability, for the expense of litigation in addition to the expenses for any resolution of the situation.
Engineer Insurance Company
When you ask an insurance company to provide you with EPLI for engineers, they will first ask to get a copy of all internal documents concerning your human resource policies. Choosing to insure with an insurance company for engineers or engineers that specializes in employment practice insurance for engineers will in your best interest; the broker will make sure that the HR manual details all of the info on policy and procedure that the insurance providers they work with may require. An agent can also tailor the software to make sure that the client’s application suits their business needs, while additionally seeking for the best possible premium. An insurance professional can additionally work together with customers in controlling risk, offering professional advice during these crucial incidents when employer/employee friction has arisen.
Engineer Insurance Companies
The majority of architects and engineers insurance coverage policies are only going to cover claims made throughout the lifetime of that policy, so it is crucial to make certain that the coverage is active constantly. It’s possible to locate insurance that may cover activities retroactively, but the rates on such policies are going to be more costly. Someone new to the process can find themselves easily overwhelmed by all the options which are available. This is the reason we are here to help as an engineer & engineers insurance company well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
Fenner & Esler’s specialists in architect & engineers insurance coverage use a select group of A-rated insurance carriers to assist your firm in obtaining the most cost-effective policy that covers your needs, ensuring that your business consistently enjoys protection from litigation associated to employee issues.
Fenner & Esler has been serving the needs of design professionals in need of architects & engineers insurance coverage by supplying a wealth of effective alternatives since 1923. As an independent brokerage, we are capable of customizing insurance policies which are going to fit your exact requirements, unlike larger engineer and engineer brokerages. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.