Fenner & Esler is not merely a top rated architect and engineers insurance company, but we also provide design professionals with the best options for engineer employment practice liability insurance. In addition to supplying their own solutions as design professionals, it’s common for engineers and engineers to employ assistants and other workers to whom they can delegate design-related or administrative tasks. In any creative firm, working relationships are frequently close ones, resulting in a blurring of the lines between employer and worker, which may lead to issues in terms of legal obligations associated with the employer status. In order to safeguard the long-term financial viability of the design firm, it is crucial to take advantage of engineer employment practice insurance.
Legal issues come up in even the most closely knit of design firms. This makes engineers employment practice insurance from a respected independent architect and engineer insurance brokerage like such as an absolutely indispensable investment. Creating an exhaustive set of human resources practices and guidelines can go quite a distance towards shielding you from employment liability issues; however, such measures are inadequate in the face of actual litigation. Going to court is a costly procedure even if you win the case. Engineer employment practice liability insurance can provide a fiscal firewall in the event of worker allegations of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related problems. employment practice liability insurance for engineers supplies protection, up to the limitations of liability, for the expense of litigation in addition to the costs for any resolution of the case.
Engineers Insurance Broker
When submitting an application for EPLI for engineers, it’s common for the insurance carrier to request a duplicate of the firm’s human resources policy and procedure manual. Electing to insure via an insurance company for engineers or engineers that specializes in engineer EPLI can to your benefit; the agent will ensure that the HR manual details all the information on policy and process that the insurance companies they work with may require. An insurance industry expert with experience in presenting applications can assist design professionals to comply more closely with the demands of insurance companies, garnering the best rates available. Brokers also have an understanding of employment practice insurance for engineers which allows them to provide guidance and assistance should an employee make a claim.
Engineer Insurance Brokerages
The bulk of engineers EPLI policies will only cover claims made during the lifetime of that policy, therefore it is essential to make certain that the coverage is active constantly. It’s possible to locate insurance that may cover activities retroactively, but the rates on such procedures are going to be more costly. The considerable experience we have at Fenner & Esler as an experienced engineer and engineers insurance company will work to your advantage because this process can be easily overwhelming for somebody who is just getting started.
The specialists in EPLI for engineers at Fenner & Esler can help your firm obtain the best coverage to match your demands in New York from several A rated carriers so that your firm will always have safety from worker-related legal actions.
Fenner & Esler has been serving the needs of design professionals in need of engineer and engineer insurance by providing a variety of effective choices since 1923. We’re 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.