Products:

Employment Practices Liability

No risk management strategy is complete without adequate protection against employment practices exposures. Judgments and awards are increasing unfavorably against employers, and most cases settle out of court with payments being paid by the defendant. Traditional D&O policies may provide some protection, but they are sometimes not as broad as stand-alone EPL forms, typically have allocation issues, and usually contain high deductibles.

The solution to these shortcomings can be found in the form of a specific Employment Practices Liability policy. The newest generation of these forms covers a broad range of potential exposure areas including, but not limited, to the following:

• Harassment
• Wrongful Termination
• Discrimination
• Constructive Termination
• Hostile Work Environment
• Failure to Hire or Promote
• Whistleblower Retaliation
• Third Party Acts against by an employee
• Punitive Damages Coverage where allowable by law

Most forms are written on a Claims-Made Basis and some offer options for Claims Expense Outside the Limit of Liability, deductibles as low as $1,000, per claim, and minimum premiums starting around $1,000

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