Fenner & Esler is not only a highly rated architect & engineers insurance company. We additionally offer design professionals with the best options in terms of engineer employment practice insurance. In addition to providing their own services 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 business, working relationships are frequently close ones, leading to a blurring of the lines between employer and worker, which in turn can lead to issues in terms of legal obligations associated with the employer position. Engineers employment practice insurance is vital for design professionals that want to make sure their company runs smoothly in the long term.
Even in the most closely knit design firms, it’s possible for employment issues to arise, making EPLI for engineers an essential investment. While a complete human resource policy and procedure can serve as the inspiration for safeguarding you from liability issues, it is not enough when a lawsuit occurs. Even if a legal action is without merit, the price of litigation could be substantial. If a worker brings allegations of wrongdoing in the workplace (wrongful disciplinary action, wrongful termination, discrimination or harassment, for example) a buffer zone might be needed to stop the expense of the litigation from affecting the company in a negative fashion. Engineer employment practice insurance supplies protection, up to the limitations of liability, for the expense of litigation in addition to the expenditures for any settlement of the case.
Engineer Insurance Company
When a company applies for employment practice liability insurance for engineers, the insurance provider is going to generally ask to obtain a copy of the firm’s manual on HR procedure and policy. If the firm operates with an independent engineers or engineers insurance company who specializes in employment practice insurance for engineers, the agent can ensure that policy and procedure guide has the information that is required by the insurance companies. Additionally, the seasoned insurance specialist has the knowledge to present the program for coverage to ensure that the firm will get the defense it needs for the least expensive premium possible. Brokers also have an awareness of engineers employment practice liability insurance which allows them to provide advice and assistance should an employee make a claim.
Engineers Insurance Brokers
Our policies for architect and engineers insurance coverage operate on a claims-made basis; for this reason, it’s critical that coverage is kept always, or else the business may not be covered. Though some carriers offer a rider for retroactive coverage, it may be more costly. The significant expertise we have at Fenner & Esler as an experienced engineers and engineers insurance company will work to your advantage because this process can easily be overwhelming for someone that’s just getting started.
Serving design professionals as a leading architect and engineer insurance company since 1923, Fenner & Esler can provide you with a variety of effective alternatives. we are capable of customizing a plan which will suit your exact individuals needs as a result of the fact that we’re an independent brokerage. This is something difficult to obtain from larger engineer and architect insurance brokerages. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.