Fenner & Esler isn’t only a top rated architect & engineers insurance company. We additionally provide design professionals with the best options when it comes to employment practice liability insurance for architects. On top of supplying professional solutions, a lot of architects and engineers also act as employers for a team of assistants and administrative specialists. In any creative company, 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 liabilities related to the employer position. To safeguard the financial success of your business as a whole going forward, EPLI for architects is an investment that’s indispensable.
Even in the most closely knit design firms, employment issues can arise, which means seeking out a top architect & engineers insurance company for architect employment practice liability insurance an investment that’s essential. Even if you are assured in your HR framework to guard you from liability in many circumstances, there can come a time when you are facing some kind of legal action. Going to court is a costly procedure even when you win the case. If a worker brings allegations of wrongdoing in the workplace (wrongful disciplinary action, wrongful termination, discrimination or harassment, for example) a buffer zone may be required to prevent the expense of the suit from impacting the company negatively. Architect employment practice liability insurance supplies protection, up to the limitations of liability, for the cost of litigation along with the expenses for any resolution of the situation.
Architect Insurance Broker
If you ask an insurer to provide you with employment practice liability insurance for architects, they will first ask to obtain a copy of all internal documents concerning your human resource policies. If the company operates with an independent architects or architects insurance broker who specializes in engineer employment practice insurance, the broker can ensure that policy and procedure manual has the info that is needed by the insurance companies. Also, the experienced insurance expert has the knowledge presenting the program for coverage so that the firm can get the protection it needs for the most affordable premium possible. An insurance agent can also work together with clients in managing risk, offering expert advice throughout these crucial incidents when employer/employee friction has arisen.
Architect Insurance Companies
The bulk of architect and engineers insurance coverage policies will merely cover claims made throughout the lifetime of that policy, therefore it is essential to make certain that the protection is active constantly. While some carriers offer a rider for retroactive coverage, it can be more costly. Somebody new to the procedure can find themselves easily overwhelmed by the wealth of options which are available. This is why we are here to assist as an architects and engineers insurance brokerage well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
Fenner & Esler’s experts in architect & engineers insurance coverage use a select team of A-rated insurance carriers to assist your firm in obtaining the most cost-effective policy that addresses your needs, making certain that your enterprise consistently enjoys protection from litigation related to employee issues.
Fenner & Esler has been serving the requirements of design professionals in need of engineer and architect insurance coverage by providing a wealth of effective options since 1923. We can customize a plan which will suit your precise individuals requirements as a result of the fact that we’re an independent brokerage. This is something difficult to find from larger architect and engineer brokerages. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.