Fenner & Esler is not just a top rated architects & engineers insurance company, but we additionally supply design professionals with the best alternatives for employment practice liability insurance for structural engineers. In addition to providing professional solutions, a lot of structural engineers and structural 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 may lead to issues in terms of legal liabilities related to the employer position. In order to protect the long-term economic viability of the design company, it is vital to take advantage of structural engineer EPLI.
Structural Engineer Insurance
Legal issues show up in even the most closely knit of design firms. This makes EPLI for structural engineers from a qualified independent architects & engineers insurance brokerage like such as an absolutely indispensable investment. Even if you are assured in your HR structure to guard you from liability in most circumstances, there can come an occasion when you are facing some kind of legal action. Even lawsuit that’s frivolous may be devastatingly expensive to defend. Structural Engineers EPLI can provide a financial firewall in case of employee claims of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related issues. Employment practice insurance for structural engineers offers coverage, up to the limitations of liability, for the cost of litigation as well as the expenses for any settlement of the case.
Structural Engineer Insurance Company
When you ask an insurance company to provide you with structural engineer EPLI, they’ll first ask to obtain a copy of all internal documents relating to your human resource guidelines. Choosing to insure with an insurance brokerage for structural engineers or structural engineers specializing in structural engineers EPLI will be helpful; the broker will ensure that the HR manual details all of the information on policy and process that the insurance companies they deal with might need. A broker can also tailor the program to ensure that the client’s application suits their business needs, while additionally searching for the best possible premium. Moreover, the insurance broker also acts as somebody in risk management by providing assistance when problematic situations with employees arise.
Structural Engineers Insurance Companies
Our policies for architect and structural engineers insurance coverage operate on a claims-made basis; for this reason, it is critical that coverage is maintained constantly, otherwise the business may not be insured. Retroactive coverage riders are obtainable from some suppliers but these can be more costly. As an experienced from a respected independent structural engineers and structural engineers insurance brokerage, Fenner & Esler possesses the experience to help you navigate the process of selecting the right options, which may seem overwhelming to somebody that’s just beginning.
Structural Engineers Insurance
Since 1923, Fenner & Esler has been serving the needs of design professionals who have needed architect and engineer insurance coverage by providing a variety of effective choices. We are 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.