Fenner & Esler is not just a highly rated architect and engineers insurance company. We also provide design professionals with the finest alternatives when it comes to engineers employment practice insurance. In addition to providing professional services, many engineers and engineers also act as employers for a team of assistants and administrative experts. In any creative firm, working relationships are frequently close ones, leading to a blurring of the lines between employer and worker, which may lead to issues in terms of legal liabilities related to the employer status. Employment practice insurance for engineers is vital for design professionals who want to ensure the smooth working of their business 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 investment that’s essential. Establishing an exhaustive set of H.R. practices and procedures can go a long way towards shielding you from employment liability issues; however, such actions are insufficient in the face of actual litigation. Even lawsuit that’s frivolous may be incredibly expensive to defend. When a worker brings allegations of wrongdoing in the workplace (wrongful disciplinary measures, wrongful termination, discrimination or harassment, for instance) a buffer zone may be necessary to stop the expense of the lawsuit from affecting the company in a negative way. EPLI for engineers can insure the full charges of defending a case, and pay for a settlement should the situation need it.
Engineers Insurance Brokerage
When submitting an application for engineers EPLI, it is typical for the insurance provider to request a duplicate of the firm’s HR policy and procedure manual. If the business operates with an independent engineers or engineers insurance brokerage who specializes in engineer EPLI, the agent can ensure that policy and procedure handbook has the info that is required by the insurance companies. An insurance industry expert with experience in presenting applications can assist design professionals to comply more closely with the demands of insurance companies, getting the best premiums available. insurance companies also possess an awareness of engineer EPLI that enables them to provide advice and support if an employee makes a claim.
Engineers Insurance Companies
EPLI for engineers operates on a claims-made basis; for this reason, it is critical that coverage is maintained continuously, or else the company might not be insured. It’s possible to find insurance that may cover events retroactively, but the premiums on such procedures will be more costly. The considerable experience we have at Fenner & Esler as an experienced engineer & engineers insurance company will work to your benefit because this process can be easily overwhelming for someone that’s just getting started.
The specialists in engineer employment practice liability insurance at Fenner & Esler can help your firm get the best policy to fit your needs in Connecticut from several A rated carriers so that the firm will also have protection from employee-related legal actions.
Serving design professionals as a top engineers and engineers insurance broker since 1923, Fenner & Esler can provide you with a variety of effective options. We’re able to customize a plan which will suit your exact individuals needs because we’re an independent brokerage. This is something hard to obtain from larger engineer and engineer brokerages. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.