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Our professionals help develop and maintain financial security while fostering consistent growth for your company. Complexities and challenges exist, and we find viable solutions that put you in control over your assets and your business and protect your future.
Employment Practices Liability
Employment-related lawsuits do not discriminate. Whether large or small, public or private, all companies are subject to claims brought by their employees, former employees or potential employees. Expense associated with defending employment-related claims can be financially devastating, even if groundless or involving fraud.
In light of this increased risk to your business, it is important to review your existing insurance program to determine if you are adequately protected for this exposure. It is important to note that most comprehensive General Liability policies specifically exclude employment-related claims. To that end, Directors & Officers policies may afford limited protection to individuals, but must be properly structured in order to extend coverage to the company itself.
To secure comprehensive coverage, many companies are securing Employment Practices Liability Insurance (EPLI).
Some Components of Employment Practices Liability Insurance:
- Wrongful Termination
- Sexual Harassment
- Discrimination
Additional Coverage Extensions:
- Emotional Distress
- Mental Anguish
- Invasion of Privacy
- Failure to Promote
- Libel & Slander
- Invasion of Privacy
- Negligent Hiring or Supervision
- Duty to Defend
Directors' & Officers' (D&O)
Diligence is needed in implementing sound internal controls, procedures and disclosure policies to minimize and avoid risk. A Directors' & Officers' Liability program that addresses the exposures, needs and concerns of the organization is key, and our professionals work with our clients to tailor the type of program that suits our client partner’s needs. Other coverages include: Fiduciary, Crime and Kidnap & Ransom
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