Fenner & Esler isn’t merely a highly rated architect and engineers insurance brokerage, but we also supply design professionals with the best alternatives for structural engineer employment practice insurance. On top of supplying professional services, a lot of structural engineers and structural engineers additionally act as employers for a team of assistants and administrative experts. In any innovative company, working relationships are often close ones, leading to a blurring of the lines between employer and worker, which may lead to issues in terms of legal liabilities related to the employer status. In order to protect the long-term financial viability of the design firm, it is crucial to take advantage of structural engineers EPLI.
Structural Engineer Insurance
Things can go wrong in any business.. This makes employment practice insurance for structural engineers from an experienced independent architect and engineer insurance brokerage like such as an absolutely investment that’s indispensable. Even if you are assured in your HR framework to protect you from liability in most situations, there will come a time when you are facing some sort of legal action. Going to court is an expensive procedure even when you win the case. When an employee brings allegations of wrongdoing in the workplace (wrongful disciplinary actions, wrongful termination, discrimination or harassment, for instance) a buffer zone may be required to avoid the expense of the lawsuit from impacting the organization in a negative way. Structural Engineers EPLI will insure the full costs of defending a case, and take care of a settlement should the situation require one.
Structural Engineers Insurance Brokerage
When submitting an application for employment practice insurance for structural engineers, it is common for the insurance carrier to ask for a duplicate of the firm’s HR policy and procedure manual. Independent structural engineers and structural engineers insurance brokers that specialize in EPLI for structural engineers will be in a position to review these documents and make sure that they are fit for purpose. An insurance market specialist with experience in presenting applications will be able to help design professionals to comply more closely with the requirements of insurance companies, getting the best premiums available. An insurance agent can additionally work together with clients in controlling risk, providing expert assistance during those vital episodes when employer/employee friction has arisen.
Structural Engineers Insurance Brokers
Because employment practice liability insurance for structural engineers operates on a claims-made basis, it is vital to maintain continuous protection so that the company is protected. Retroactive coverage riders are available from some suppliers but these can be more costly. The significant experience we have at Fenner & Esler as an experienced structural engineers and structural engineers insurance brokerage will work to your benefit because this process can easily be overwhelming for someone that’s just getting started.
Insurance Structural Engineer
The specialists in structural engineers employment practice liability insurance at Fenner & Esler can assist your firm find the best plan to suit your demands in Virginia from several A rated carriers so that your firm will also have protection from employee-related legal actions.
Structural Engineers Insurance
Fenner & Esler has been serving the requirements of design professionals in need of structural engineer and structural engineer insurance by providing a wealth of effective choices since 1923. We are 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.