Fenner & Esler isn’t only a top rated architects and enginers insurance brokerage. We also offer design professionals with the finest options when it comes to employment practice insurance for structural engineers. On top of providing professional services, many structural engineers and structural engineers also act as employers for a staff of assistants and administrative specialists. In any innovative firm, working relationships are often close ones, leading to a blurring of the lines between employer and employee, which can lead to issues in terms of legal obligations associated with the employer position. In order to safeguard the long-term financial viability of the design company, it is crucial to take advantage of employment practice liability insurance for structural engineers.
Structural Engineer Insurance
Even in the most closely knit design firms, it’s possible for employment issues to arise, making employment practice insurance for structural engineers an essential investment. While a complete human resource policy and procedure can function as the building blocks for guarding you from liability problems, it’s not enough when a suit occurs. 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 might be required to stop the cost of the lawsuit from affecting the company in a negative way. Employment practice insurance for structural engineers offers protection, up to the limitations of liability, for the cost of litigation as well as the costs for any settlement of the situation.
Structural Engineer Insurance Brokerage
When you ask an insurer to provide you with structural engineers employment practice insurance, they will first ask to obtain a copy of all internal documents relating to your human resource procedures. If the company works with an independent structural engineers or structural engineers insurance brokerage who specializes in employment practice insurance for structural engineers, the agent will make sure that policy and procedure manual has the information that is required by the insurance companies. An insurance industry specialist with experience in presenting programs will be able to assist design professionals to comply more carefully with the demands of insurance companies, garnering the best rates available. insurance companies additionally have an awareness of structural engineers EPLI that enables them to offer guidance and support if an employee makes a claim.
Structural Engineers Insurance Companies
As structural engineers EPLI operates on a basis of claims-made, it is essential to maintain continuous protection so that the business is protected. Retroactive coverage riders are obtainable from some suppliers but these can be more expensive. Someone new to the process can find themselves easily overwhelmed by the wealth of options which are available. This is why we are here to help as an structural engineer and structural engineer insurance brokerage well versed to the ins and outs of working in the business.
Insurance Structural Engineer
Fenner & Esler’s specialists in structural engineer EPLI use a select group of A-rated insurance carriers to assist your firm in obtaining the most cost-effective policy that addresses your needs, ensuring that your business consistently enjoys protection from litigation associated to employee issues.
Structural Engineers Insurance
Fenner & Esler has been serving the needs of design professionals in need of structural engineer and structural engineer insurance by providing a variety of effective options since 1923. As an independent broker, we’re able to customize insurance policies which are going to fit your exact needs, unlike larger structural engineer and structural engineer brokerages. Contact the experts today at Fenner & Esler and find out exactly what we can do for you.