Fenner & Esler isn’t just a highly rated architects and engineers insurance company, but we additionally supply design professionals with the finest options for engineers employment practice liability insurance. The majority of engineers and engineers have some staff, made up of administrators and assistants. In any innovative firm, working relationships are frequently close ones, leading to a blurring of the lines between employer and employee, which in turn can lead to issues in terms of legal obligations related to the employer status. Engineer employment practice insurance is vital for design professionals that wish to make sure their company runs smoothly in the long term.
Even in the most closely knit design firms, employment issues can arise, making engineers employment practice insurance an essential investment. Even if you are confident in your HR structure to protect you from liability in many circumstances, there can come an occasion when you are facing some sort of legal action. Even when a legal action is without merit, the cost of litigation may be large. If an employee brings allegations of wrongdoing in the workplace (wrongful disciplinary measures, wrongful termination, discrimination or harassment, for example) a buffer zone may be needed to prevent the cost of the suit from impacting the company in a negative fashion. Engineer employment practice liability insurance will insure the full expenses of defending a case, and take care of a settlement should the case require one.
Engineer Insurance Company
When submitting an application for employment practice insurance for engineers, it’s common for the insurance carrier to request a duplicate of the firm’s HR policy and procedure manual. If the firm works with an independent engineers or engineers insurance broker who specializes in engineers EPLI, the broker can make sure that policy and procedure guide has the info that is required by the insurance companies. Additionally, the experienced insurance professional has the expertise to provide the program for coverage so that the company can get the protection it wants for the most affordable premium possible. insurance companies additionally possess an awareness of employment practice liability insurance for engineers which permits them to offer guidance and assistance should an employee make a claim.
Engineer Insurance Companies
Our policies for architect & engineers insurance coverage operate on a claims-made basis; for this reason, it’s imperative that coverage is maintained continuously, otherwise the business might not be insured. While some carriers provide a rider for retroactive coverage, it may be more expensive. Somebody new to the process can find themselves easily overwhelmed by the wealth of options that are available. This is why we’re here to assist as an engineers and engineer insurance broker well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
The experts in engineer and architect insurance coverage at Fenner & Esler can assist your firm find the best coverage to fit your needs in Ohio from numerous A rated carriers to ensure that the firm will always have protection from worker-related legal actions.
Fenner & Esler has been serving the needs of design professionals in need of architects & engineers insurance coverage by providing a variety of effective alternatives since 1923. As an independent broker, we can customize insurance policies that will fit your exact requirements, unlike larger engineer and engineer brokerages. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.