Fenner & Esler is not just a highly rated engineers and architects insurance company. We also provide design professionals with the finest alternatives when it comes to EPLI for engineers. Most engineers and engineers have some staff, made up of administrators and assistants. In any creative company, working relationships are often close ones, leading to a blurring of the lines between employer and worker, which in turn may lead to issues in terms of legal obligations related to the employer status. Employment practice insurance for engineers is vital for design professionals who wish to make sure their company runs smoothly in the long term.
Things can go wrong in any company., making seeking out engineer employment practice insurance from an experienced independent architect and engineers insurance brokerage like such as an absolutely indispensable investment. Even if you are assured in your HR structure to protect you from liability in many instances, there will come a time when you are facing some kind of legal action. Even if a legal action is without merit, the cost of litigation can be large. When an employee brings allegations of wrongdoing in the workplace (wrongful disciplinary action, wrongful termination, harassment or discrimination, for example) a buffer zone may be necessary to avoid the cost of the lawsuit from affecting the organization negatively. Employment practice insurance for engineers can cover the total expenses of defending a case, and pay for a settlement should the situation require one.
Engineer Insurance Company
When a firm applies for employment practice insurance for engineers, the insurance carrier is going to typically ask to obtain a copy of the firm’s manual on HR procedure and policy. Independent engineers and engineers insurance brokerages that specialize in employment practice insurance for engineers is going to be in a place to review these files and make sure that they are fit for purpose. An insurance market specialist with experience in presenting programs can help design professionals to comply more closely with the requirements of insurance companies, getting the best premiums available. An insurance professional can also work together with customers in controlling risk, offering expert guidance throughout these crucial incidents when employer/employee friction has arisen.
Engineer Insurance Companies
Since architect & engineers insurance coverage operates on a claims-made basis, it’s essential to maintain constant coverage so that the company is protected. Retroactive coverage riders are available from some companies but these can be more costly. Somebody new to the procedure can easily find themselves overwhelmed by all the options that are available. This is the reason we are here to help as an engineers and engineer insurance company well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
Fenner & Esler’s experts in architect & engineers insurance coverage use a select group of A-rated insurance carriers to help your firm to get the most cost-effective plan that addresses your needs, making sure that your enterprise consistently enjoys protection from legal action related to employee issues.
Since 1923, Fenner & Esler has been serving the requirements of design professionals who have needed architects & engineers insurance coverage by providing a variety of effective alternatives. We are an independent brokerage. This means that unlike larger engineer and engineer we can customize a plan which will suit your exact needs. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.