exployments-insurance

Interviews, performance reviews, promotions, even dismissals – all are regular aspects of running a business. These everyday personnel activities can also pose significant risk to companies when current, past, or potential employees claim discrimination or other wrongful employment practices. 

As jury awards and settlements continue to rise, the impact of discrimination claims or other allegations can be devastating to a company’s reputation and bottom line. Our employment practices liability insurance (EPLI) helps protect customers from the financial impact of an employment-related lawsuit. 

 

 

A protective partnership

 

Solutions for complex risks

No matter how thorough and clear a company’s hiring and employment policies and practices are, lawsuits alleging workplace unfairness or other wrongful acts can still occur. Our employment practices liability insurance (EPLI) from Ironshore is designed to help protect against claims made by employees alleging wrongful termination, discrimination, sexual harassment, retaliation, and other employment-related issues.  

This expansive stand–alone EPLI solution helps protect public, private, and not-for-profit companies against costsrelated tosettlements,litigation, anddamage awards. 

 

Additional coverage highlights include:  

 

  • Capacity up to $25M on primary and excess basis 
  • Full entity coverage 
  • Coverage for more than 20 enumerated employment practices acts  
  • No hammer clause 
  • Single retention for related employment wrongful acts  
  • No panel counsel requirement 
  • Optional duty to defend 
  • Coverage for mental anguish and emotional distress 

 

Expertise that delivers 

There’s a wealth of experience behind every policy. Our dedicated underwriters and claims professionals team up to stay on top of current employment practices liability loss trends and riskscenarios. 

With this knowledge and collaboration comes flexibility. Because we truly understand the employment practices liability environment, we’re able to tailor our solution to your company’s specific industry, risk profile, and most immediate challenges. 

And wecombinethis expertise witha customer-centricserviceapproach thatkeeps your risk-management goals top of mind.From program design to claims response, we are ready to help address your company’s needs. 

 

Better control over claims

From the moment a claim is filed, customers can feelthe difference in our approach.Our claims professionalswork closely withthe underwriters whodevelopoursolutions,so they have a full picture of potential employmentpractices liabilityexposures and each customer’s operation and insurance program.   

Add ongoing training,highly experienced seniorclaims leaders,andaculturethat promotes proactive decision making,and you getprofessionals whoareempoweredtoresolve claimsquickly, always working tominimize litigation,control costs,andachieve better outcomes.     

  With ouremployment practice liabilitysolutions, customers can benefit from: 

  • Dedicated claims teams with in-depth experience investigating, evaluating, negotiating, and resolving employment practices liability claims   
  • The ability to settle claims within the retention period 
  • The flexibility to retain their own legal counsel or select from our roster ofapproved attorneys 
  • Risk–management services