Fenner & Esler isn’t merely a top rated architect and engineer insurance company, but we also supply design professionals with the best options for employment practice liability insurance for engineers. In addition to supplying professional solutions, a lot of engineers and engineers also act as employers for a staff of assistants and administrative specialists. In any innovative company, working relationships are frequently close ones, resulting in a blurring of the lines between employer and employee, which in turn can lead to issues in terms of legal obligations associated with the employer status. In order to safeguard the long-term economic viability of the design company, it is crucial to carry employment practice liability insurance for engineers.
Even in the most closely knit design firms, employment issues can arise, making engineer employment practice insurance an essential investment. While a comprehensive human resource policy and procedure can function as the foundation for protecting you from liability problems, it’s not enough when a lawsuit occurs. Even lawsuit that’s frivolous may be devastatingly costly to defend. If a worker brings allegations of wrongdoing in the workplace (wrongful disciplinary action, wrongful termination, discrimination or harassment, for instance) a buffer zone may be needed to stop the expense of the suit from impacting the company negatively. Engineers employment practice liability insurance provides protection, up to the limits of liability, for the expense of litigation in addition to the expenditures for any settlement of the case.
Engineer Insurance Broker
When a firm applies for EPLI for engineers, the insurance provider will commonly ask to obtain a copy of the firm’s manual on HR procedure and policy. If the business works with an independent engineers or engineers insurance brokerage who specializes in engineer employment practice insurance, the agent can ensure that policy and procedure manual has the information that is required by the insurance companies. An agent can also tailor the software to ensure the client’s application suits their business needs, while additionally searching for the cheapest possible premium. Brokers additionally possess an awareness of engineers employment practice insurance which permits them to provide advice and support should an employee make a claim.
Architects & Engineers Insurance
Fenner & Esler architect & engineers insurance coverage specialists are professionals in the area and will find an insurance answer with an A rated provider that’s tailored only for you in Pennsylvania, ensuring that the equilibrium of your company is constantly assured.
Since 1923, Fenner & Esler has been serving the requirements of design professionals who have needed architect and engineer insurance coverage by providing a variety of effective choices. we’re capable of individualizing a plan which will suit your precise individuals needs as a result of the fact that we’re an independent brokerage. This is something difficult to obtain from larger engineers and architects insurance brokerages. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.