Fenner & Esler isn’t just a top rated architect & engineers insurance company. We also offer design professionals with the best alternatives when it comes to engineer EPLI. On top of providing professional solutions, many engineers and engineers also act as employers for a team of assistants and administrative professionals. In any creative 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 obligations related to the employer status. To protect the future economic solvency of the firm as a whole, employment practice insurance for engineers is an investment that’s indispensable.
Engineer EPLI from a respected independent architect & engineers insurance company like such as Fenner & Esler is essential because even in the most closely-knit design firms, employment issues can spring up. Even if you are assured in your HR structure to guard you from liability in many instances, there will come a time when you are facing some kind of legal action. Despite the fact that a legal action may be without merit, the price of litigation may be considerable. Employment practice insurance for engineers can provide a monetary firewall in the event of employee claims of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related problems. EPLI for engineers can cover the full costs of defending a case, and take care of a settlement should the situation require it.
Engineer Insurance Company
If a company applies for employment practice liability insurance for engineers, the insurance provider is going to normally ask to obtain a copy of the firm’s manual on HR procedure and policy. Independent engineers and engineers insurance brokerages that specialize in employment practice liability insurance for engineers will be in a position to examine these documents and ensure that they are fit for purpose. An agent can also tailor the program to make sure that the client’s application suits their business needs, while also searching for the cheapest possible premium. Moreover, the insurance agent also functions as someone in risk management by providing guidance when problematic employee situations come up.
Engineers Insurance Companies
The bulk of architect and engineers insurance coverage policies are only going to cover claims made throughout the lifetime of that policy, so it is crucial to ensure that the protection is active at all times. While some carriers offer a rider for retroactive coverage, it may be more expensive. Someone new to the process can find themselves easily overwhelmed by all the choices that are available. This is why we’re here to help as an engineers and engineer insurance broker well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
Fenner & Esler’s experts in architect and engineer insurance coverage work with a select team of A-rated insurance carriers to help your company to obtain the most cost-effective coverage that handles your needs, making certain that your business consistently enjoys protection from litigation associated to employee issues.
Serving design professionals as a leading architects & engineers insurance company since 1923, Fenner & Esler is able to provide you with a wealth of effective alternatives. As an independent brokerage, we are capable of customizing insurance policies which will fit your precise needs, unlike larger engineers and engineers brokerages. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.