Fenner & Esler isn’t merely a highly rated architect & engineers insurance company, but we also provide design professionals with the finest options for engineer employment practice insurance. The majority of engineers and engineers have some staff, made up of administrators and assistants. In any innovative company, working relationships are frequently close ones, leading to a blurring of the lines between employer and employee, which in turn can lead to issues in terms of legal liabilities associated with the employer position. Employment practice insurance for engineers is vital for design professionals who want to ensure the smooth running of the company in the long-term.
EPLI for engineers from a qualified independent architect and engineers insurance company like such as Fenner & Esler is important because even in the most closely-knit design firms, employment issues could spring up. Even if you are assured in your HR structure to guard you from liability in most circumstances, there can come an occasion when you are facing some kind of legal action. Even lawsuit that’s frivolous can be devastatingly expensive to defend. If a worker brings allegations of wrongdoing in the workplace (wrongful disciplinary action, wrongful termination, harassment or discrimination, for example) a buffer zone may be needed to stop the cost of the suit from affecting the business in a negative way. Employment practice insurance for engineers supplies coverage, up to the limits of liability, for the expense of litigation in addition to the costs for any settlement of the case.
Engineer Insurance Company
If a firm applies for EPLI for engineers, the insurance provider is going to commonly ask to obtain a copy of the firm’s manual on HR process and policy. Electing to insure via an insurance broker for engineers or engineers specializing in employment practice liability insurance for engineers can be helpful; the agent can make sure that the HR manual details all of the information on policy and process that the insurance providers they deal with might need. Also, the seasoned insurance expert has the experience to provide the program for coverage to ensure that the company will get the safety it wants for the most affordable premium possible. An insurance broker will also work together with clients in managing risk, offering professional assistance during these crucial incidents when employer/employee friction has arisen.
Engineers Insurance Companies
Our policies for architect and engineers insurance coverage work on the basis of claims made; for this reason, it is imperative that coverage is maintained always, otherwise the firm might not be insured. It is possible to find insurance that will cover events retroactively, but the premiums on such policies are going to be more costly. The significant experience we have at Fenner & Esler as an experienced engineers and engineers insurance brokerage will work to your advantage because this process can easily be overwhelming for someone that’s just getting started.
Architects & Engineers Insurance
Fenner & Esler engineers and architects insurance coverage specialists are professionals in the area and will find an insurance solution with an A rated carrier that is personalized only for you in Washington D.C., ensuring that the stability of your business is constantly assured.
Serving design professionals as a top architects and engineers insurance company since 1923, Fenner & Esler is able to supply you with a wealth of effective choices. As an independent broker, we can individualize insurance policies which will 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.