Liability Protection to Address

Employment Practices Risk

Employment Practices Liability (EPLI Insurance)

    

The employer-employee relationship continues to change. In today’s world, employers can no longer assume all employment relationships will go smoothly.  And, securing a suitable Employment Practices Liability Insurance program has become important for owners and managers to accomplish.

 

NorthStar's risk management team is quite talented when designing products to protect client employers against breach of employment contracts, discrimination, wrongful termination, and sexual or other harassment issues.

 

RATIONALE

   

           ◆  General liability insurance does not cover this particular exposure;

           ◆  Over 60% of claims come from former employees;

           ◆  The average cost to defend an EPLI claim is $150,000;

           ◆  Some 47% of jury awards are between $100,000 and $500,000;

           ◆  Since 2009, the EEOC is recording some 95,000+ complaints annually;

           ◆  Claims have come to employers from vendors - and even clients;

           ◆  Resource to access bonafide legal counsel;

           ◆  Extensive terms and cost-effective pricing.

  

Charge Statistics – for the Annual History of Charges filed with EEOC:

www.eeoc.gov/eeoc/statistics/enforcement/charges.cfm

  

Please contact us for more information, pricing guidelines, and to speak with an experienced member of our underwriting staff.

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