Fenner & Esler isn’t just a highly rated architect and engineer insurance brokerage. We also provide design professionals with the best alternatives when it comes to structural engineer employment practice liability insurance. In addition to supplying professional solutions, many structural engineers and structural engineers also act as employers for a staff of assistants and administrative specialists. In any creative firm, working relationships are often close ones, resulting in a blurring of the lines between employer and employee, which in turn can lead to issues in terms of legal obligations related to the employer status. In order to safeguard the long-term financial viability of the design company, it is essential to carry EPLI for structural engineers.
Structural Engineer Insurance
EPLI for structural engineers from a qualified independent architect and engineers insurance brokerage like such as Fenner & Esler is essential because even in design firms which are closely knit, employment issues can arise. Creating an exhaustive set of human resources practices and procedures can go quite a distance towards protecting you from employment liability problems; however, such measures are insufficient in the face of an actual lawsuit. Despite the fact that a legal action may be without merit, the price of litigation can be substantial. Structural Engineers EPLI can provide a fiscal firewall in the event of employee allegations of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related issues. Structural Engineers employment practice insurance will cover the full costs of defending a case, and pay for a settlement should the case need it.
Structural Engineers Insurance Broker
When submitting an application for EPLI for structural engineers, it is common for the insurance carrier to request a duplicate of the firm’s HR policy and procedure manual. Electing to insure with an insurance broker for structural engineers or structural engineers who specializes in employment practice insurance for structural engineers will be helpful; the agent can ensure that the HR manual details all of the info on policy and process that the insurance providers they work with might require. An insurance industry specialist with expertise in presenting programs can assist design professionals to comply more carefully with the demands of insurance companies, garnering the best premiums available. Moreover, the insurance broker also acts as someone in risk management by providing advice when problematic employee situations arise.
Structural Engineer Insurance Companies
The majority of structural engineer employment practice liability insurance policies will only cover claims made throughout the lifetime of that policy, so it is essential to make sure that the coverage is active constantly. While some carriers offer a rider for retroactive coverage, it may be more expensive. As an experienced from a qualified independent structural engineer and structural engineers insurance broker, Fenner & Esler possesses the experience to assist you in navigating the process of selecting the ideal options, which may seem overwhelming to somebody who is just getting started.
Insurance Structural Engineer
Fenner & Esler structural engineers employment practice insurance specialists are experts in the area and may find an insurance answer with an A rated carrier that is tailored only for you in Washington State, ensuring that the stability of your business is always assured.
Structural Engineers Insurance
Since 1923, Fenner & Esler has been serving the requirements of design professionals who have needed structural engineer and structural engineer insurance by supplying a wealth of effective choices. As an independent broker, we are capable of individualizing insurance policies which will fit your precise requirements, unlike larger structural engineers and structural engineers brokerages. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.