Fenner & Esler is not just a top rated engineers and architects insurance company. We additionally provide design professionals with the best alternatives when it comes to EPLI for engineers. In addition to providing professional solutions, a lot of engineers and engineers additionally act as employers for a staff of assistants and administrative professionals. In any creative company, working relationships are often close ones, resulting in a blurring of the lines between employer and worker, which in turn can lead to issues in terms of legal obligations related to the employer position. In order to protect the long-term economic viability of the design firm, it is vital to carry engineers EPLI.
Even in the most closely knit design firms, it’s possible for employment issues to arise, making employment practice liability insurance for engineers an investment that’s essential. While a comprehensive human resource policy and procedure can serve as the building blocks for safeguarding you from liability problems, it’s not enough when a suit occurs. Going to court is an expensive procedure even if you win the case. If a worker brings allegations of wrongdoing in the workplace (wrongful disciplinary actions, wrongful termination, harassment or discrimination, for instance) a buffer zone might be necessary to stop the expense of the lawsuit from affecting the organization negatively. Up to the optimum limit of indebtedness, an appropriate EPLI for engineers product can offer engineers and engineers and creative professionals with coverage to take care of the expense of defending a lawsuit; it can also protect any costs incurred in settling the suit.
Engineers Insurance Brokerage
If a firm applies for engineer employment practice insurance, the insurance provider will normally ask to see a copy of the firm’s manual on HR procedure and policy. Electing to insure with an insurance broker for engineers or engineers who specializes in EPLI for engineers can to your benefit; the broker will make sure that the HR manual details all of the info on policy and procedure that the insurance providers they deal with might need. An agent can also tailor the application to ensure that the client’s application fits their business needs, while also seeking for the best possible premium. Moreover, the insurance agent also acts as someone in risk management by providing guidance when problematic employee situations come up.
Engineers Insurance Brokers
Since architect & engineers insurance coverage works on a claims-made basis, it is vital to maintain continuous coverage so that the business is protected. While some carriers provide a rider for retroactive coverage, it can be more costly. Someone new to the process can find themselves easily overwhelmed by all the options which are available. This is the reason we are here to help as an a&e insurance brokerage well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
The experts in architect and engineer insurance coverage at Fenner & Esler are able to help your firm get the best plan to fit your demands in Massachusetts from a number of A rated carriers to ensure that your firm will always have protection from worker-related legal actions.
Serving design professionals as a leading architects & engineers insurance company since 1923, Fenner & Esler is able to supply you with a wealth of effective options. We are an independent broker. This means that unlike larger engineers and engineers we can customize a plan which will suit your exact needs. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.