Fenner & Esler isn’t just a top rated architect & engineers insurance company. We also offer design professionals with the best options when it comes to employment practice liability insurance for engineers. Most engineers and engineers have some staff, made up of administrators and assistants. In any creative company, working relationships are often close ones, resulting in a blurring of the lines between employer and worker, which in turn may lead to issues in terms of legal obligations related to the employer position. In order to safeguard the long-term financial viability of the design firm, it is crucial to carry engineers employment practice liability insurance.
Employment practice insurance for engineers from a respected independent architect & engineers insurance company like such as Fenner & Esler is important because even in design firms that are closely knit, employment problems can arise. Even if you are assured in your HR framework to protect you from liability in many situations, there may come an occasion when you are facing some kind of legal action. Even lawsuit that’s frivolous could be devastatingly expensive to defend. If an employee brings allegations of wrongdoing in the workplace (wrongful disciplinary measures, wrongful termination, discrimination or harassment, for instance) a buffer zone might be necessary to prevent the cost of the suit from impacting the business in a negative fashion. EPLI for engineers provides protection, up to the limits of liability, for the expense of litigation along with the expenses for any resolution of the case.
Engineers Insurance Company
When submitting an application for employment practice liability insurance for engineers, it is common for the insurance carrier to request a duplicate of the firm’s HR policy and procedure manual. If the company works with an independent engineers or engineers insurance company who specializes in employment practice liability insurance for engineers, the broker will make certain that policy and procedure manual has the information that is required by the insurance companies. An insurance industry expert with expertise in presenting applications will be able to assist design professionals to comply more closely with the demands of insurance companies, getting the greatest premiums available. An insurance agent can also collaborate with customers in controlling risk, offering professional assistance throughout those crucial incidents when employer/employee friction has arisen.
Engineers Insurance Companies
The bulk of architect and engineer insurance coverage policies are only going to cover claims made during the lifetime of that policy, therefore it is essential to make sure that the protection is active constantly. Retroactive coverage riders are available from some providers but these can be more expensive. The considerable experience we have at Fenner & Esler as an experienced engineers and engineers insurance company will work to your advantage because this process can be easily overwhelming for someone who is just getting started.
Architects & Engineers Insurance
The experts in architect & engineers insurance coverage at Fenner & Esler can help your firm get the best policy to suit your needs in South Carolina from several A rated carriers to ensure that your firm will also have protection from worker-related legal actions.
Fenner & Esler has been serving the requirements of design professionals in need of engineers and architects insurance coverage by supplying a wealth of effective options since 1923. We are an independent broker. This means that unlike larger engineer and engineer 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.