Fenner & Esler is not just a top rated architect & engineers insurance company. We additionally supply design professionals with the best alternatives when it comes to engineer EPLI. In addition to providing professional services, a lot of architects and engineers also act as employers for a team of assistants and administrative professionals. In any innovative firm, working relationships are frequently 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 protect the long-term economic viability of the design firm, it is essential to carry engineer employment practice liability insurance.
Architects EPLI from a respected independent architect and engineers insurance company like such as Fenner & Esler is essential because even in design firms that are closely knit, employment issues could arise. While a comprehensive human resource policy and procedure can function as the foundation for protecting you from liability problems, it isn’t enough when a lawsuit occurs. Even a frivolous suit can be incredibly costly to defend. EPLI for architects provides a monetary firewall in the event of worker claims of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related problems. employment practice liability insurance for architects will insure the total expenses of defending a case, and take care of a settlement should the situation need it.
Architects Insurance Company
When you ask an insurer to provide you with engineer EPLI, they will first ask to obtain a copy of all internal documents relating to your human resource guidelines. Electing to insure with an insurance broker for architects or architects specializing in employment practice insurance for architects can to your advantage; the agent can make sure that the HR manual details all of the info on policy and procedure that the insurance companies they deal with might need. Additionally, the experienced insurance specialist has the experience to present the application for coverage to ensure that the company will get the safety it wants for the most affordable premium possible. Brokers also have an understanding of EPLI for architects that permits them to provide guidance and support if an employee makes a claim.
Architect Insurance Companies
As engineer employment practice insurance operates on a basis of claims-made, it’s essential to maintain continuous coverage so that the firm is protected. Though some carriers offer a rider for retroactive coverage, it may be more expensive. The substantial experience we have at Fenner & Esler as an experienced architects and engineers insurance company will work to your advantage because this process can be easily overwhelming for someone that’s just getting started.
Architects & Engineers Insurance
Fenner & Esler’s specialists in engineer employment practice insurance work with a select group of A-rated insurance carriers to help your company to get the most cost-effective policy that addresses your needs, making certain that your enterprise consistently enjoys protection from legal action associated to employee problems.
Fenner & Esler has been serving the requirements of design professionals in need of architects and engineers insurance coverage by supplying a wealth of effective options since 1923. We are an independent broker. This means that unlike larger engineer and architect we can customize a plan which will suit your exact needs. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.