Fenner & Esler isn’t just a highly rated architect and engineer insurance company. We also offer design professionals with the finest options in terms of engineer employment practice liability insurance. On top of providing professional solutions, many engineers and engineers also act as employers for a team of assistants and administrative professionals. In any innovative firm, working relationships are often close ones, leading to a blurring of the lines between employer and employee, which can lead to issues in terms of legal liabilities associated with the employer position. Engineers EPLI is essential for design professionals that wish to make sure their company runs smoothly in the long term.
Employment practice insurance for engineers from a respected independent architect & engineers insurance company like such as Fenner & Esler is important because even in the most closely-knit design firms, employment issues could spring up. Establishing an exhaustive set of H.R. practices and policies can go a long way towards protecting you from employment liability problems; yet, such actions are insufficient in the face of an actual lawsuit. Even a frivolous lawsuit may be incredibly costly to defend. Engineers employment practice insurance can offer a monetary firewall in the event of employee claims of discrimination, wrongful termination, harassment or disciplinary actions, or other workplace-related problems. Employment practice insurance for engineers will insure the total charges of defending a case, and take care of a settlement should the situation need it.
Engineers Insurance Company
If you’re submitting an application for engineer EPLI, it is 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 broker for engineers or engineers who specializes in engineers employment practice liability insurance can in your best interest; the broker can make sure that the HR manual details all of the information on policy and procedure that the insurance companies they work with might require. An insurance market specialist with expertise in presenting applications will be able to assist design professionals to comply more closely with the requirements of insurance companies, getting the best premiums available. An insurance broker can also work together with customers in controlling risk, providing expert guidance during those vital incidents when employer/employee friction has arisen.
Engineers Insurance Companies
EPLI for engineers operates on a claims-made basis; for this reason, it’s critical that coverage is maintained constantly, or else the business may not be insured. It is possible to locate insurance that will cover activities retroactively, but the rates on such guidelines are going to be more costly. Someone new to the procedure can easily find themselves overwhelmed by all the options that are available. This is the reason we are here to help as an a&e insurance broker well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
Fenner & Esler employment practice liability insurance for engineers specialists are experts in the area and will find an insurance solution with an A rated carrier who is tailored just for you in Virginia, ensuring that the stability of your company is usually guaranteed.
Since 1923, Fenner & Esler has been serving the requirements of design professionals who have needed architects & engineers insurance coverage by supplying a wealth of effective alternatives. As an independent broker, we’re able to customize insurance policies which will fit your exact requirements, unlike larger engineer and engineer brokerages. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.