Fenner & Esler is not just a top rated architects and engineers insurance company, but we additionally provide design professionals with the best options for engineers employment practice insurance. The majority of engineers and engineers have some staff, comprised of administrators and assistants. In any innovative business, working relationships are often close ones, leading to a blurring of the lines between employer and employee, which in turn may lead to issues in terms of legal liabilities related to the employer position. To protect the financial success of your business as a whole going forward, engineer employment practice liability insurance is an essential investment.
Engineer employment practice insurance from a respected independent architect & engineers insurance company like such as Fenner & Esler is important because even in design firms which are closely knit, employment problems can spring up. While a complete human resource policy and process can function as the building blocks for guarding you from liability problems, it’s not enough when a lawsuit occurs. Even if a legal action is without merit, the price of litigation could be considerable. If a worker brings allegations of wrongdoing in the workplace (wrongful disciplinary measures, wrongful termination, harassment or discrimination, for instance) a buffer zone may be necessary to avoid the expense of the suit from impacting the business negatively. employment practice liability insurance for engineers provides protection, up to the limits of liability, for the cost of litigation in addition to the costs for any resolution of the case.
Engineer Insurance Company
When submitting an application for employment practice liability insurance for engineers, it is common for the insurance carrier to ask for a duplicate of the firm’s HR policy and procedure manual. Independent engineers and engineers insurance brokers that specialize in employment practice liability insurance for engineers will be in a position to review these records and make sure that they are fit for purpose. An agent can also tailor the application to make sure that the client’s application fits their business needs, while additionally seeking for the cheapest possible premium. An insurance broker will also collaborate with customers in managing risk, providing professional guidance throughout those crucial episodes when employer/employee friction has arisen.
Engineer Insurance Brokers
Engineer EPLI works on the basis of claims made; for this reason, it’s imperative that coverage is kept constantly, or else the firm may not be covered. Retroactive coverage riders are available from some companies but these can be more expensive. The significant expertise we have at Fenner & Esler as an experienced engineer & engineers insurance broker will work to your benefit because this process can be easily overwhelming for somebody that’s just getting started.
Architects & Engineers Insurance
The experts in engineers employment practice insurance at Fenner & Esler are able to help your firm find the best plan to suit your demands in Colorado from a number of A rated carriers so that your firm will always have safety from worker-related legal actions.
Since 1923, Fenner & Esler has been serving the requirements of design professionals in need of architects & engineers insurance coverage by supplying a wealth of effective choices. We can individualize a plan which will suit your precise individuals needs as a result of the fact that we’re an independent brokerage. This is something hard to find from larger engineer and engineer brokerages. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.