Fenner & Esler is not only a highly rated architect and engineers insurance company, but we also supply design professionals with the best alternatives for employment practice insurance for architects. As well as providing their own services as design professionals, it is common for architects and architects to employ assistants and other staff members to whom they can delegate design-related or administrative jobs. In any innovative firm, working relationships are often close ones, resulting in a blurring of the lines between employer and worker, which in turn can lead to issues in terms of legal liabilities associated with the employer status. In order to protect the long-term financial viability of the design firm, it is crucial to take advantage of employment practice insurance for architects.
EPLI for architects from a respected independent architect and engineers insurance company like such as Fenner & Esler is important because even in the most closely-knit design firms, employment problems can arise. Even if you are assured in your HR framework to guard you from liability in most situations, there can come a time when you are facing some kind of legal action. Despite the fact that a legal action may be without merit, the cost of litigation could be considerable. Employment practice insurance for architects can offer a financial firewall in case of employee claims of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related issues. Up to the optimum limit of liability, an appropriate architects employment practice insurance product can offer architects and architects and innovative experts with coverage to manage the expense of defending a lawsuit; it can also cover any expenses incurred in settling the suit.
Architects Insurance Company
When a company applies for employment practice insurance for architects, the insurance carrier will typically ask to obtain a copy of the firm’s manual on HR process and policy. Electing to insure with an insurance brokerage for architects or architects who specializes in employment practice insurance for architects will be helpful; the broker can make certain that the HR manual details all of the info on policy and procedure that the insurance providers they work with might need. An agent can also tailor the software to ensure that the client’s application suits their business needs, while additionally searching for the best possible premium. Moreover, the insurance broker additionally functions as a partner in risk management by offering guidance when difficult situations with employees arise.
Architects & Engineers Insurance
The specialists in at Fenner & Esler are able to assist your firm find the best plan to suit your demands in Delaware from a number of A rated carriers to ensure that your firm will also have protection from employee-related legal actions.
Serving design professionals as a leading architects & engineers insurance company since 1923, Fenner & Esler can supply you with a variety of effective alternatives. As an independent broker, we’re capable of individualizing insurance policies which are going to fit your exact requirements, unlike larger architect and engineer insurance brokerages. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.