Fenner & Esler is not only a highly rated architect and engineers insurance company, but we additionally provide design professionals with the best options for EPLI for engineers. In addition to providing professional services, many engineers and engineers also act as employers for a staff of assistants and administrative professionals. In any innovative 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 liabilities related to the employer position. Engineers EPLI is essential for design professionals who want to make sure their company runs smoothly in the long term.
Even in the most closely knit design firms, employment issues can arise, making engineer employment practice insurance an investment that’s essential. Even if you are confident in your HR framework to protect you from liability in many instances, there can come a time when you are facing some sort of legal action. Despite the fact that a legal action may be without merit, the cost of litigation can be substantial. If an employee brings allegations of wrongdoing in the workplace (wrongful disciplinary action, wrongful termination, discrimination or harassment, for example) a buffer zone might be required to prevent the cost of the lawsuit from impacting the company in a negative fashion. Engineer employment practice liability insurance offers coverage, up to the limitations of liability, for the cost of litigation as well as the expenditures for any settlement of the situation.
Engineer Insurance Company
If you’re submitting an application for engineers EPLI, it is typical for the insurance carrier to request a duplicate of the firm’s human resources policy and procedure manual. Choosing to insure via an insurance brokerage for engineers or engineers that specializes in employment practice liability insurance for engineers will to your benefit; the agent can ensure that the HR manual details all of the info on policy and procedure that the insurance companies they deal with might require. Also, the seasoned insurance expert has the experience to provide the program for coverage so that the firm can get the protection it needs for the least expensive premium possible. Moreover, the insurance agent additionally acts as somebody in risk management by providing advice when problematic employee situations come up.
Architects & Engineers Insurance
Fenner & Esler’s experts in architect & engineers insurance coverage work with a select team of A-rated insurance carriers to help your firm to get the most cost-effective coverage that covers your needs, making certain that your business consistently enjoys protection from litigation related to employee problems.
Since 1923, Fenner & Esler has been serving the needs of design professionals in need of architects & engineers insurance coverage by providing a variety of effective options. We’re an independent brokerage. This means that unlike larger engineer and engineer we can customize a plan which will suit your exact needs. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.