Fenner & Esler is not just a highly rated architect and engineers insurance company, but we additionally provide design professionals with the finest alternatives for employment practice insurance for architects. As well as supplying their particular solutions as design professionals, it’s typical for architects and architects to employ assistants and other personnel to whom they can delegate design-related or administrative jobs. 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 related to the employer position. In order to safeguard the long-term economic viability of the design company, it is essential to carry architects employment practice insurance.
Legal issues show up in even the closest of design firms, making seeking out architect employment practice insurance from an experienced independent architect and engineers insurance broker like such as an absolutely essential investment. Even if you are assured in your HR framework to protect you from liability in many circumstances, there will come a time when you are facing some sort of legal action. Even a frivolous lawsuit may be devastatingly costly to defend. If a worker brings allegations of wrongdoing in the workplace (wrongful disciplinary measures, wrongful termination, discrimination or harassment, for example) a buffer zone may be necessary to prevent the expense of the litigation from impacting the company negatively. Employment practice insurance for architects provides protection, up to the limitations of liability, for the cost of litigation as well as the expenditures for any resolution of the situation.
Architect Insurance Company
When submitting an application for architects employment practice liability insurance, it is common for the insurance provider to request a duplicate of the firm’s HR policy and procedure manual. Choosing to insure with an insurance brokerage for architects or architects specializing in architects employment practice liability insurance will be helpful; the broker will make sure that the HR manual details all of the information on policy and procedure that the insurance providers they work with may require. An agent can also tailor the program to ensure the client’s application suits their business needs, while also searching for the cheapest possible premium. An insurance agent can also work together with customers in managing risk, offering professional guidance during those critical incidents when employer/employee friction has arisen.
Architects Insurance Companies
Since EPLI for architects works on a claims-made basis, it’s essential to maintain continuous protection so that the firm is protected. Retroactive coverage riders are obtainable from some providers but these can be more costly. The significant expertise we have at Fenner & Esler as an experienced architect & engineers insurance broker will work to your benefit because this process can easily be overwhelming for someone that’s just getting started.
Architects & Engineers Insurance
Fenner & Esler employment practice liability insurance for architects specialists are professionals in the field and will find an insurance solution with an A rated provider that is customized just for you in Nevada, making sure that the equilibrium of your business is usually guaranteed.
Since 1923, Fenner & Esler has been serving the requirements of design professionals in need of architects & engineers insurance coverage by providing a variety of effective options. As an independent brokerage, we can customize insurance policies that are going to fit your precise requirements, unlike larger architect and engineer brokerages. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.