Employment practices liability
Protection for employment-related risks
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 costs related to settlements, litigation, and damage 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 risk scenarios.
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 we combine this expertise with a customer-centric service approach that keeps 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 feel the difference in our approach. Our claims professionals work closely with the underwriters who develop our solutions, so they have a full picture of potential employment practices liability exposures and each customer’s operation and insurance program.
Add ongoing training, highly experienced senior claims leaders, and a culture that promotes proactive decision making, and you get professionals who are empowered to resolve claims quickly, always working to minimize litigation, control costs, and achieve better outcomes.
With our employment practice liability solutions, 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 of approved attorneys
- Risk–management services
Get in touch
Our commercial and specialty insurance products and services are distributed through brokers and agents. If you are interested in our solutions for your business, please contact your agent or broker. If you are an agent or broker, please reach out to our team for more information.
Related insights
This website is intended to be informational. Descriptions are provided only as a summary outline of the products and services available and are not intended to be comprehensive and do not constitute an offer to sell or a solicitation. The products and services described may not be available in all states or jurisdictions. See your policy, service contract, or program documentation for actual terms, conditions, and exclusions. Any inquiries regarding the subject matter set forth herein should be directed through licensed insurance professionals.
Coverage and insurance are provided and underwritten by Liberty Mutual Insurance Company or its affiliates or subsidiaries. When we offer insurance products, we will state clearly which insurer will underwrite the policy. Some policies may be placed with a surplus lines insurer. Surplus lines insurers generally do not participate in state guaranty funds and coverage may only be obtained through duly licensed surplus lines brokers.
