Fenner & Esler isn’t merely a highly rated architect and engineer insurance company, but we additionally supply design professionals with the finest alternatives for employment practice liability insurance for structural engineers. The majority of structural engineers and structural engineers have some staff, made up of administrators and assistants. In any innovative business, working relationships are often close ones, leading to a blurring of the lines between employer and employee, which may lead to issues in terms of legal obligations associated with the employer status. In order to protect the long-term financial viability of the design firm, it is vital to carry employment practice insurance for structural engineers.
Structural Engineer Insurance
Even in the most closely knit design firms, it’s possible for employment issues to arise, making structural engineer employment practice liability insurance an essential investment. Even if you are confident in your HR structure to protect you from liability in most circumstances, there will come an occasion when you are facing some sort of legal action. Going to court is a costly procedure even when you win the case. Structural Engineer employment practice insurance can offer a monetary firewall in the case of employee allegations of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related problems. EPLI for structural engineers can insure the full charges of defending a case, and pay for a settlement should the case demand one.
Structural Engineers Insurance Company
If a company applies for structural engineer employment practice liability insurance, the insurance provider will typically ask to see a copy of the firm’s manual on HR procedure and policy. Independent structural engineers and structural engineers insurance companies that specialize in employment practice liability insurance for structural engineers will be in a place to review these documents and make sure that they are fit for purpose. An insurance market specialist with expertise in presenting applications will be able to assist design professionals to comply more closely with the requirements of insurance companies, garnering the best premiums available. An insurance broker will also work together with customers in managing risk, providing professional advice throughout these critical incidents when employer/employee friction has arisen.
Structural Engineer Insurance Companies
As structural engineer and architect insurance coverage works on a basis of claims-made, it is essential to maintain constant coverage so that the business is protected. Though some carriers provide a rider for retroactive coverage, it can be more costly. The significant expertise we have at Fenner & Esler as an experienced a&e insurance company will work to your benefit because this process can easily be overwhelming for somebody that’s just getting started.
Architects & Engineers Insurance
Fenner & Esler’s specialists in architect and structural engineers insurance coverage work with a select team of A-rated insurance carriers to help your business to obtain the most cost-effective coverage that covers your needs, ensuring that your enterprise consistently enjoys protection from litigation related to employee problems.
Structural Engineers Insurance
Since 1923, Fenner & Esler has been serving the needs of design professionals in need of engineers and architects insurance coverage by providing a wealth of effective alternatives. As an independent broker, we’re able to individualize insurance policies which will fit your precise needs, unlike larger structural engineers and structural engineers brokerages. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.