Fenner & Esler is not only a highly rated engineers and architects insurance company. We also offer design professionals with the finest alternatives in terms of EPLI for engineers. Most engineers and engineers have some staff, made up of administrators and assistants. In any creative business, working relationships are often close ones, resulting in a blurring of the lines between employer and worker, which can lead to issues in terms of legal liabilities related to the employer status. Engineer employment practice insurance is essential for design professionals that want to ensure the smooth running of the firm in the long-term.
Even in the most closely knit design firms, employment issues can arise, making engineers employment practice liability insurance an essential investment. While a comprehensive human resource policy and procedure can serve as the building blocks for protecting you from liability issues, it isn’t enough when a lawsuit occurs. Despite the fact that a legal action may be without merit, the cost of litigation could be considerable. If you have employment practice insurance for engineers, you’ll ensure that your financial security is protected against any sort of suit coming from claims of unjust dismissal, harassment or other violations of office laws. Engineers employment practice liability insurance will cover the total costs of defending a case, and take care of a settlement should the case need it.
Engineer Insurance Company
When submitting an application for engineers EPLI, it’s typical for the insurance provider to request a copy of the firm’s HR policy and procedure manual. Independent engineers and engineers insurance brokers that specialize in engineers employment practice liability insurance will be in a position to examine these files and make certain that they’re fit for purpose. A broker can also tailor the software to ensure that the client’s application fits their business needs, while additionally seeking for the best possible premium. Moreover, the insurance broker also functions as a partner in risk management by offering assistance when problematic situations with employees arise.
Engineer Insurance Companies
The majority of architect & engineers insurance coverage policies are only going to cover claims made during the life of that policy, therefore it is crucial to ensure that the protection is active constantly. Retroactive coverage riders are obtainable from some companies but these can be more costly. Somebody new to the process can find themselves easily overwhelmed by all the choices that are available. This is the reason we are here to assist as an engineers and engineer insurance company well versed to the ins and outs of working in the business.
Serving design professionals as a leading engineer and architect insurance brokerage since 1923, Fenner & Esler is able to provide you with a variety of effective options. As an independent brokerage, we’re able to customize insurance policies that will fit your exact requirements, unlike larger engineers and architects insurance companies. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.