Employment Practices Liability Insurance (EPLI) from IMA

Employment risks are many, and claims of wrongdoing are taken very seriously in a court of law. The impact of these claims can be devastating to your bottom line, regardless of their legitimacy. Furthermore, these issues don’t have to reach a court of law to have a financial impact on your company. Administrative actions & complaints, mediations and arbitrations will very often cost real dollars to your company. Employment Practices Liability Insurance (EPLI) is no longer a catastrophic coverage. It should be considered a part of your insurance program no differently than General Liability and Workers Compensation.

Standard insurance policies will provide defense and indemnity for allegations of:

• Discrimination, Sexual Harassment and Wrongful Termination
• Workplace Torts - including, but not limited to: employment-related retaliation, defamation, infliction of emotional distress, invasion of privacy, negligent evaluation, wrongful discipline, wrongful reference, failure to grant tenure, negligent hiring, employment related misrepresentation, wrongful failure to employ or promote, wrongful deprivation of career opportunity or wrongful demotion
• Third party liability (allegations of discrimination or harassment made against the operator by a customer or vendor)
• Defense expense for alleged violations relating to breach of contract

IMA offers Employment Practices Liability coverage to help mitigate these risks. We have experience with EPLI insurance placements for public company, private company, not for profit, programs, stand-alone or package businesses and high-deductible coverage. Our strong relationships with multiple national law firms, claim advocacy firms and carriers specializing in employment law and related services,provides our clients access to a variety of resources not commonly found with most insurance brokers.

Should you encounter harmful allegations, would your policy provide:

• Additional defense expense sublimit, for use in defending alleged violations of Wage and Hour laws?
• Additional sublimit for Directors & Officers Liability?
• Additional sublimit for alleged violation of the Federal Immigration and Nationality Act (FINA)?
• Additional defense expense sublimit for alleged violations of Employee Privacy?