Fenner & Esler is not only a top rated architect & engineers insurance company. We also offer design professionals with the best options when it comes to architects employment practice liability insurance. As well as providing their particular providers as design professionals, it’s common for architects and architects to employ assistants and other workers to whom they could delegate design-related or administrative jobs. In any innovative company, working relationships are often close ones, leading to a blurring of the lines between employer and employee, which may lead to issues in terms of legal obligations related to the employer status. To safeguard the financial success of your business as a whole going forward, employment practice liability insurance for architects is an investment that’s indispensable.
Employment practice insurance for architects 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 problems may arise. While a comprehensive human resource policy and procedure can serve as the foundation for protecting you from liability issues, it is not enough when a suit occurs. Even lawsuit that’s frivolous may be incredibly expensive to defend. When an employee brings allegations of wrongdoing in the workplace (wrongful disciplinary action, wrongful termination, discrimination or harassment, for example) a buffer zone may be necessary to prevent the cost of the litigation from impacting the company in a negative fashion. employment practice liability insurance for architects offers protection, up to the limits of liability, for the expense of litigation along with the costs for any settlement of the situation.
Architect Insurance Company
If you ask an insurance company to provide you with EPLI for architects, they’ll first ask to obtain a copy of all internal documents concerning your human resource guidelines. If the firm works with an independent architects or architects insurance company who specializes in architects employment practice liability insurance, the agent can make certain that policy and procedure manual has the info that is needed by the insurance companies. Additionally, the seasoned insurance professional has the expertise to provide the application for coverage so that the firm can get the protection it needs for the most affordable premium possible. An insurance professional will also collaborate with clients in managing risk, offering professional advice throughout these vital incidents when employer/employee friction has arisen.
Architect Insurance Brokers
Since employment practice insurance for architects works on a basis of claims-made, it’s crucial to maintain constant protection so that the firm is protected. Retroactive coverage riders are available from some companies but these can be more expensive. As an experienced from a qualified independent engineers and architects insurance company, Fenner & Esler possesses the experience to help you navigate the process of choosing the right options, which can seem overwhelming to somebody who is just beginning.
Architects & Engineers Insurance
Fenner & Esler employment practice insurance for architects specialists are experts in the area and will find an insurance answer with an A rated provider that is personalized only for you in Missouri, making sure that the equilibrium of your business is always guaranteed.
Since 1923, Fenner & Esler has been serving the needs of design professionals who have needed architect and engineer insurance coverage by providing a wealth of effective alternatives. We can individualize a plan which will suit your exact individuals needs because we are an independent brokerage. This is something hard to obtain from larger architect and engineer brokerages. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.