Fenner & Esler isn’t only a highly rated architects and engineers insurance company. We additionally provide design professionals with the finest options in terms of engineers employment practice liability insurance. In addition to supplying professional services, a lot of engineers and engineers also act as employers for a team of assistants and administrative professionals. In any creative business, working relationships are often close ones, leading to a blurring of the lines between employer and worker, which in turn can lead to issues in terms of legal obligations related to the employer position. In order to safeguard the long-term financial viability of the design firm, it is essential to take advantage of engineers employment practice liability insurance.
Even in the most closely knit design firms, it’s possible for employment issues to arise, making engineers employment practice insurance an essential investment. Establishing an exhaustive set of H.R. practices and guidelines can go a long way towards safeguarding you from employment liability issues; however, such steps are insufficient in the face of an actual lawsuit. Even a frivolous lawsuit can be incredibly costly to defend. Engineers employment practice liability insurance can provide a monetary firewall in the case of employee claims of discrimination, wrongful termination, harassment or disciplinary actions, or other workplace-related problems. Engineer employment practice liability insurance provides protection, up to the limitations of liability, for the cost of litigation in addition to the costs for any settlement of the case.
Engineer Insurance Company
When submitting an application for employment practice insurance for engineers, it’s common for the insurance provider to ask for a duplicate of the firm’s HR policy and procedure manual. Electing to insure with an insurance company for engineers or engineers that specializes in engineers EPLI will be helpful; the broker can ensure that the HR manual details all the information on policy and process that the insurance companies they work with may require. An insurance market specialist with expertise in presenting programs will be able to help design professionals to comply more closely with the demands of insurance companies, getting the best rates available. Moreover, the insurance agent additionally functions as somebody in risk management by providing assistance when difficult employee situations arise.
Engineer Insurance Brokers
Because employment practice insurance for engineers works on a claims-made basis, it’s essential to maintain continuous coverage so that the business is protected. It is possible to locate insurance that will cover activities in the past, but the premiums on such guidelines are going to be more costly. The substantial experience we have at Fenner & Esler as an experienced a&e insurance broker will work to your advantage because this process can easily be overwhelming for somebody who is just getting started.
Architects & Engineers Insurance
The experts in engineer employment practice insurance at Fenner & Esler can assist your firm find the best coverage to match your needs in West Virginia from numerous A rated carriers to ensure that your firm will always have protection from employee-related legal actions.
Since 1923, Fenner & Esler has been serving the needs of design professionals who have needed engineer and architect insurance coverage by providing a variety of effective alternatives. We are an independent brokerage. This means that unlike larger engineers and engineers we can customize a plan which will suit your exact needs. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.