Fenner & Esler isn’t only a top rated architects & engineers insurance company, but we also supply design professionals with the best options for employment practice liability insurance for structural engineers. In addition to providing their own providers as design professionals, it is common for structural engineers and structural engineers to employ assistants and other personnel to whom they could 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 worker, which in turn may lead to issues in terms of legal liabilities related to the employer status. Structural Engineers employment practice insurance is vital for design professionals that want to make sure their company runs smoothly in the long term.
Structural Engineer Insurance
Even in the most closely knit design firms, employment issues can arise, making structural engineer employment practice insurance an investment that’s essential. While a comprehensive human resource policy and process can function as the inspiration for protecting you from liability problems, it’s not enough when a lawsuit occurs. Even lawsuit that’s frivolous may be devastatingly expensive to defend. If a worker brings allegations of wrongdoing in the workplace (wrongful disciplinary action, wrongful termination, harassment or discrimination, for instance) a buffer zone may be necessary to prevent the cost of the lawsuit from impacting the company in a negative fashion. Structural Engineers employment practice insurance can cover the total charges of defending a case, and pay for a settlement should the situation need one.
Structural Engineer Insurance Company
If you’re submitting an application for structural engineer employment practice liability insurance, it is typical for the insurance provider to request a copy of the firm’s human resources policy and procedure manual. Choosing to insure with an insurance brokerage for structural engineers or structural engineers specializing in EPLI for structural engineers will to your advantage; the broker will make certain that the HR manual details all the information on policy and process that the insurance providers they deal with might require. An agent can also tailor the program to ensure that the client’s application fits their business needs, while also seeking for the best possible premium. Moreover, the insurance broker additionally acts as somebody in risk management by offering assistance when difficult situations with employees come up.
Structural Engineers Insurance Companies
Our policies for architect & structural engineers insurance coverage work on a claims-made basis; for this reason, it’s imperative that coverage is kept continuously, or else the business might not be insured. It is possible to locate insurance that’ll cover events in the past, but the premiums on such policies will be more costly. The significant experience we have at Fenner & Esler as an experienced structural engineers and structural engineers insurance company will work to your advantage because this process can be easily overwhelming for somebody who is just getting started.
Architects & Engineers Insurance
Fenner & Esler’s specialists in architect & structural engineers insurance coverage work with a select group of A-rated insurance carriers to assist your firm in obtaining the most cost-effective policy that addresses your needs, making sure that your enterprise consistently enjoys protection from legal action associated to employee issues.
Structural Engineers Insurance
Serving design professionals as a top architect and engineer insurance company since 1923, Fenner & Esler is able to provide you with a wealth of effective options. We’re an independent broker. This means that unlike larger structural engineers and structural engineers 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.