Fenner & Esler isn’t only a top rated architect & engineers insurance company, but we additionally supply design professionals with the best options for engineer employment practice liability insurance. As well as supplying their own solutions as design professionals, it’s typical for engineers and engineers to employ assistants and other workers to whom they can delegate design-related or administrative jobs. In any innovative business, working relationships are often close ones, resulting in a blurring of the lines between employer and employee, which may lead to issues in terms of legal obligations associated with the employer status. In order to safeguard the long-term economic viability of the design company, it is crucial to take advantage of engineer employment practice liability insurance.
Engineers employment practice insurance from a qualified independent architect & engineers insurance company like such as Fenner & Esler is important because even in the most closely-knit design firms, employment issues could arise. While a comprehensive human resource policy and procedure can serve as the foundation for guarding you from liability issues, it is not enough when a lawsuit arises. Even lawsuit that’s frivolous could be devastatingly costly to defend. When you have engineers employment practice liability insurance, you’ll ensure that your finances are protected from any sort of suit arising from claims of unfair harassment, dismissal or other violations of office laws. Engineer employment practice insurance offers coverage, up to the limits of liability, for the cost of litigation in addition to the costs for any settlement of the situation.
Engineer Insurance Broker
When a firm applies for engineer EPLI, the insurance carrier will normally ask to see a copy of the firm’s manual on HR process and policy. Choosing to insure with an insurance broker for engineers or engineers that specializes in engineer employment practice insurance can be helpful; the agent will make certain that the HR manual details all the info on policy and process that the insurance companies they work with might need. An insurance business expert with expertise in presenting applications will be able to assist design professionals to comply more closely with the requirements of insurance companies, getting the greatest premiums available. An insurance broker will also work together with customers in managing risk, providing expert guidance throughout those crucial episodes when employer/employee friction has arisen.
Engineer Insurance Companies
Because architect & engineers insurance coverage operates on a claims-made basis, it is essential to maintain constant protection so that the company is protected. Though some carriers provide a rider for retroactive coverage, it can be more costly. The considerable expertise we have at Fenner & Esler as an experienced engineer & engineers insurance broker will work to your advantage because this process can easily be overwhelming for someone that’s just getting started.
Architects & Engineers Insurance
The specialists in architect and engineers insurance coverage at Fenner & Esler can assist your firm get the best coverage to match your needs in Rhode Island from a number of A rated carriers to ensure that the firm will also have safety from worker-related legal actions.
Serving design professionals as a leading architects & engineers insurance company since 1923, Fenner & Esler is able to supply you with a wealth of effective alternatives. We can individualize a plan which will suit your exact individuals needs because we’re an independent brokerage. This is something difficult to obtain from larger engineer and engineer brokerages. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.