Fenner & Esler isn’t only a top rated engineer and architect insurance company. We also supply design professionals with the best options when it comes to EPLI for structural engineers. In addition to providing professional solutions, many structural engineers and structural engineers also act as employers for a staff of assistants and administrative professionals. In any creative business, working relationships are often close ones, resulting in a blurring of the lines between employer and worker, which may lead to issues in terms of legal liabilities related to the employer position. employment practice liability insurance for structural engineers is important for design professionals that wish to ensure the smooth running of their company in the long-term.
Structural Engineer Insurance
Structural Engineer employment practice liability insurance from a respected independent engineer and architect insurance company like such as Fenner & Esler is essential because even in design firms which are closely knit, employment problems could spring up. While a complete human resource policy and process can serve as the foundation for protecting you from liability issues, it isn’t enough when a lawsuit occurs. Despite the fact that a legal action may be without merit, the cost of litigation may be large. Employment practice insurance for structural engineers provides a monetary firewall in the event of employee allegations of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related problems. EPLI for structural engineers can cover the full expenses of defending a case, and pay for a settlement should the situation demand it.
Structural Engineer Insurance Company
If a firm applies for EPLI for structural engineers, the insurance provider will typically ask to see a copy of the firm’s manual on HR procedure and policy. Electing to insure with an insurance brokerage for structural engineers or structural engineers specializing in employment practice liability insurance for structural engineers will be helpful; the broker will ensure that the HR manual details all of the info on policy and procedure that the insurance providers they deal with might require. An insurance business specialist with expertise in presenting applications will be able to help design professionals to comply more carefully with the requirements of insurance companies, garnering the best premiums available. An insurance broker will also collaborate with customers in managing risk, providing expert guidance during these vital incidents when employer/employee friction has arisen.
Structural Engineers Insurance Companies
The bulk of architect & structural engineers insurance coverage policies are only going to cover claims made during the lifetime of that policy, therefore it is essential to make certain that the protection is active constantly. Retroactive coverage riders are obtainable from some companies but these can be more expensive. The considerable expertise 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.
Structural Engineers Insurance
Serving design professionals as a top architects & engineers insurance broker since 1923, Fenner & Esler is able to supply you with a variety of effective choices. We’re able to individualize a plan which will suit your precise individuals requirements because we are an independent brokerage. This is something hard to obtain from larger architect and structural engineers insurance companies. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.