Fenner & Esler isn’t only a top rated engineer and architect insurance company. We additionally provide design professionals with the finest options when it comes to EPLI for structural engineers. As well as offering their particular solutions as design professionals, it is common for structural engineers and structural engineers to use assistants and other personnel to whom they can delegate design-related or administrative jobs. In any creative 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 position. To safeguard the financial success of your business as a whole going forward, employment practice liability insurance for structural engineers is an indispensable investment.
Structural Engineer Insurance
Structural Engineers employment practice liability insurance from a respected independent engineer and architect insurance company like such as Fenner & Esler is important because even in design firms which are closely knit, employment issues can arise. Establishing an exhaustive set of H.R. practices and guidelines can go a long way towards shielding you from employment liability issues; nevertheless, such measures are insufficient in the face of an actual lawsuit. Even a frivolous lawsuit can be incredibly expensive to defend. When an employee brings allegations of wrongdoing in the workplace (wrongful disciplinary measures, wrongful termination, discrimination or harassment, for instance) a buffer zone may be necessary to stop the cost of the lawsuit from affecting the company negatively. EPLI for structural engineers provides protection, up to the limitations of liability, for the expense of litigation as well as the expenditures for any settlement of the situation.
Structural Engineer Insurance Company
If you ask an insurer to provide you with structural engineers EPLI, they will first ask to get a copy of all internal documents concerning your human resource procedures. If the business operates with an independent structural engineers or structural engineers insurance brokerage who specializes in employment practice liability insurance for structural engineers, the agent will ensure that policy and procedure manual has the information that is required by the insurance companies. An insurance business expert with experience in presenting programs can help design professionals to comply more carefully with the demands of insurance companies, garnering the greatest premiums available. Moreover, the insurance agent additionally functions as somebody in risk management by providing guidance when difficult employee situations arise.
Structural Engineer Insurance Companies
As architect and structural engineers insurance coverage works on a basis of claims-made, it is essential to maintain continuous coverage so that the firm is protected. Though some carriers offer a rider for retroactive coverage, it can be more costly. Somebody new to the procedure can easily find themselves overwhelmed by all the choices that are available. This is the reason we’re here to help as an structural engineers and architects insurance company well versed to the ins and outs of working in the business.
Structural Engineers Insurance
Serving design professionals as a leading architects and engineers insurance broker since 1923, Fenner & Esler is able to supply you with a variety of effective alternatives. We’re an independent brokerage. 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.