Fenner & Esler is not only a highly rated architect and engineers insurance company. We additionally offer design professionals with the finest alternatives when it comes to architects employment practice insurance. On top of providing professional solutions, many architects and engineers additionally act as employers for a team of assistants and administrative experts. In any innovative company, working relationships are often close ones, leading to a blurring of the lines between employer and worker, which may lead to issues in terms of legal liabilities related to the employer status. Employment practice insurance for architects is vital for design professionals that want to ensure the smooth running of their company in the long-term.
Legal issues show up in even the closest of design companies, making seeking out employment practice insurance for architects from a qualified independent architect & engineers insurance brokerage like such as an absolutely essential investment. Even if you are confident in your HR framework to protect you from liability in many instances, there will come a time when you are facing some sort of legal action. Going to court is a costly process even if you win the case. When a worker brings allegations of wrongdoing in the workplace (wrongful disciplinary measures, wrongful termination, harassment or discrimination, for instance) a buffer zone might be necessary to stop the expense of the suit from affecting the company negatively. Architects EPLI can cover the full expenses of defending a case, and take care of a settlement should the case require one.
Architect Insurance Company
If a company applies for architects EPLI, the insurance provider is going to normally ask to see a copy of the firm’s manual on HR procedure and policy. Electing to insure via an insurance broker for architects or architects specializing in architects employment practice insurance can be helpful; the broker will ensure that the HR manual details all the info on policy and process that the insurance providers they work with may require. An agent can also tailor the program to ensure the client’s application fits their business needs, while also searching for the lowest possible premium. Moreover, the insurance agent also acts as somebody in risk management by providing assistance when difficult situations with employees arise.
Architect Insurance Companies
As architect & engineers insurance coverage operates on a claims-made basis, it’s essential to maintain continuous coverage so that the company is protected. Though some carriers provide a rider for retroactive coverage, it may be more costly. As an experienced from a respected independent a&e insurance company, Fenner & Esler has the experience to assist you in navigating the process of choosing the right options, which can seem overwhelming to someone that’s just getting started.
Architects & Engineers Insurance
Fenner & Esler engineer and architect insurance coverage specialists are experts in the area and will find an insurance solution with an A rated carrier that is personalized only for you in West Virginia, ensuring that the stability of your business is usually guaranteed.
Since 1923, Fenner & Esler has been serving the requirements of design professionals in need of engineer and architect insurance coverage by providing a variety of effective options. We’re an independent brokerage. This means that unlike larger engineers and architects 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.