Employment Practice Liability Insurance
Protecting Your People, Risk by Risk
Our Employment Practice Liability Insurance shields your organisation from the financial consequences of employee claims, including allegations of discrimination, harassment, or wrongful dismissal. This coverage ensures protection for legal costs and damages (excluding those tied to contractual obligations), helping you navigate the complexities of employment-related disputes with confidence.
AssuredPartners is a Lloyd’s Broker with full access to the global insurance and reinsurance markets. We strive to provide solutions to the risks faced by our clients in this modern and ever-evolving corporate world. Our specialist knowledge and market access enable us to provide the solutions you need to operate with confidence.
As employment legislation continues to evolve worldwide, the exposure of an organisation to actions by its staff alleging employment practice violations has increased considerably. Employees are becoming aware of their rights and are prepared to take action against their employers if they think these rights are being breached. Increasing compensation awards that are reported in the public domain often offer a precedent to the grievances of employees, however frivolous they may appear
Who is covered?
What is covered?
• The Company, its Directors, Officers and all Employees including Seasonal and Temporary Workers
• Newly Acquired Subsidiaries (within a specified asset threshold)
• Directors whilst working for outside companies
• Independent Contractors
• Actual or alleged employment practice violations, including but not limited to wrongful termination, sexual harassment, racial discrimination and the like
• Defence costs and expenses (which are advanced)
• Legal fees and expenses for any official investigation by bodies such as the Equal Opportunities Commission (UK), Commission for Racial Equality (UK), Equal Employment Opportunity Commission (USA)
• North American exposure (usually subject to additional conditions)
