Fenner & Esler isn’t only a top rated architect and engineers insurance company. We also supply design professionals with the finest alternatives in terms of engineer employment practice liability insurance. As well as offering their own solutions as design professionals, it is common for engineers and engineers to employ assistants and other staff members to whom they can delegate design-related or administrative tasks. In any innovative company, 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 liabilities related to the employer position. In order to safeguard the long-term financial viability of the design company, it is vital to carry engineers employment practice liability insurance.
EPLI for engineers from a respected independent architect and engineers insurance company like such as Fenner & Esler is important because even in design firms that are closely knit, employment issues could spring up. Establishing an exhaustive set of H.R. practices and procedures can go quite a distance towards protecting you from employment liability issues; nevertheless, such actions are insufficient in the face of an actual lawsuit. Even a frivolous lawsuit can be devastatingly expensive to defend. Engineer employment practice insurance can offer a fiscal firewall in the case of worker allegations of discrimination, wrongful termination, harassment or disciplinary actions, or other workplace-related issues. Engineer employment practice insurance will cover the total charges of defending a case, and take care of a settlement should the case need one.
Engineer Insurance Brokerage
When submitting an application for engineer employment practice insurance, it is common for the insurance provider to request a duplicate of the firm’s HR policy and procedure manual. If the company operates with an independent engineers or engineers insurance brokerage who specializes in employment practice insurance for engineers, the broker will make sure that policy and procedure guide has the info that is needed by the insurance companies. Additionally, the experienced insurance professional has the expertise presenting the program for coverage so that the business can get the defense it wants for the most affordable premium possible. insurance companies also have an understanding of employment practice insurance for engineers which permits them to provide guidance and assistance if an employee makes a claim.
Engineers Insurance Companies
Our policies for architect and engineers insurance coverage operate on a claims-made basis; for this reason, it is critical that coverage is kept always, otherwise the firm might not be covered. Though some carriers provide a rider for retroactive coverage, it may be more expensive. Somebody new to the process can easily find themselves overwhelmed by all the choices that are available. This is why we’re here to help as an engineers and engineer insurance company well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
The specialists in architect & engineers insurance coverage at Fenner & Esler can help your firm find the best policy to suit your needs in Alabama from numerous A rated carriers to ensure that your firm will also have protection from worker-related legal actions.
Fenner & Esler has been serving the requirements of design professionals in need of engineers and architects insurance coverage by providing a variety of effective alternatives since 1923. We are an independent broker. 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.