Fenner & Esler isn’t just a highly rated architect & engineers insurance company. We also supply design professionals with the finest options when it comes to engineers employment practice liability insurance. In addition to providing their own solutions as design professionals, it is typical 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 often close ones, resulting in a blurring of the lines between employer and worker, which in turn may lead to issues in terms of legal liabilities related to the employer status. In order to safeguard the long-term economic viability of the design company, it is essential to take advantage of engineers employment practice liability insurance.
Even in the most closely knit design firms, it’s possible for employment issues to arise, making engineer EPLI an essential investment. Even if you are assured in your HR framework to guard you from liability in many instances, there will come an occasion when you are facing some kind of legal action. Even lawsuit that’s frivolous may be devastatingly expensive to defend. EPLI for engineers can provide a fiscal firewall in case of worker allegations of discrimination, wrongful termination, harassment or disciplinary actions, or other workplace-related issues. Engineers employment practice liability insurance will cover the full costs of defending a case, and pay for a settlement should the situation demand one.
Engineer Insurance Company
When submitting an application for employment practice insurance for engineers, it’s typical for the insurance carrier to request a copy of the firm’s human resources policy and procedure manual. If the business operates with an independent engineers or engineers insurance brokerage who specializes in engineer EPLI, the agent will make certain that policy and procedure manual has the info that is required by the insurance companies. An insurance industry specialist with experience 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 agent will additionally work together with customers in managing risk, providing expert assistance throughout those critical incidents when employer/employee friction has arisen.
Architects & Engineers Insurance
Fenner & Esler’s specialists in architect & engineers insurance coverage use a select group of A-rated insurance carriers to help your firm to obtain the most cost-effective plan that covers your needs, ensuring that your business consistently enjoys protection from litigation associated to employee problems.
Since 1923, Fenner & Esler has been serving the requirements of design professionals in need of engineer and architect insurance coverage by supplying a wealth of effective options. As an independent brokerage, we are capable of individualizing insurance policies which are going to fit your precise needs, unlike larger architects & engineers insurance companies. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.