Fenner & Esler isn’t merely a highly rated architect and engineer insurance company, but we also provide design professionals with the finest options for engineers employment practice liability insurance. On top of providing professional services, many engineers and engineers also act as employers for a staff of assistants and administrative experts. In any creative company, working relationships are often close ones, resulting in a blurring of the lines between employer and employee, which in turn may lead to issues in terms of legal obligations associated with the employer position. Engineers EPLI is important for design professionals that want to ensure the smooth running of their business in the long-term.
Legal issues come up in even the most closely knit of design firms, making seeking out engineers employment practice insurance from an experienced independent architect and engineers insurance brokerage like such as an absolutely investment that’s indispensable. Even if you are confident in your HR structure to guard you from liability in most instances, there may come a time when you are facing some sort of legal action. Even a frivolous lawsuit could be devastatingly costly to defend. If an employee brings allegations of wrongdoing in the workplace (wrongful disciplinary actions, wrongful termination, harassment or discrimination, for instance) a buffer zone may be necessary to stop the cost of the lawsuit from affecting the company in a negative way. EPLI for engineers offers protection, up to the limitations of liability, for the expense of litigation in addition to the expenditures for any settlement of the situation.
Engineers Insurance Company
If you ask an insurance company to provide you with engineers employment practice insurance, they will first ask to get a copy of all internal documents concerning your human resource guidelines. Electing to insure with an insurance brokerage for engineers or engineers who specializes in employment practice insurance for engineers can to your benefit; the agent will ensure that the HR manual details all the info on policy and process that the insurance providers they work with might require. Additionally, the seasoned insurance professional has the experience to present the program for coverage to ensure that the firm can get the defense it needs for the least expensive premium possible. Moreover, the insurance broker additionally functions as somebody in risk management by providing guidance when problematic situations with employees come up.
Engineer Insurance Companies
Our policies for architect & engineers insurance coverage operate on a claims-made basis; for this reason, it’s critical that coverage is kept continuously, otherwise the firm may not be covered. While some carriers offer a rider for retroactive coverage, it may be more costly. Somebody new to the procedure can easily find themselves overwhelmed by all the choices which are available. This is why we’re here to help as an a&e insurance company well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
Fenner & Esler’s specialists in architect & engineers insurance coverage use a select team of A-rated insurance carriers to assist your firm in obtaining the most cost-effective policy that handles your needs, making sure that your enterprise consistently enjoys protection from legal action related to employee problems.
Fenner & Esler has been serving the needs of design professionals in need of architects and engineers insurance coverage by supplying a variety of effective options since 1923. As an independent broker, we’re able to customize insurance policies which are going to fit your precise requirements, unlike larger engineer and engineer brokerages. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.