Smaller businesses often claim their staff is one big happy family, but the reality is this is simply not true. Employees have certain expectations of their employers, and even long-term, reliable employees can seize an opportunity for personal gain. Employment Practices Liability Insurance is a business’s main protection against claims of discrimination, harassment, retaliation and wrongful termination, and with such claims on the rise, it is just as important as professional liability coverage. #ExecutiveLiability #ExecutiveLiabilityInsurance #ManagementLiability #DirectorsAndOfficers Learn more about the crucial role this type of insurance plays here. 👇 https://ow.ly/JHOP50PbVN9
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RSA Insurance and Q Underwriting launch management liability offering. The new product offers management protection, covering D&O, corporate liability, employment practice liability and employee crime. https://lnkd.in/eqJacD8E #captive #captiveinsurance
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RSA Insurance and Q Underwriting launch management liability offering. The new product offers management protection, covering D&O, corporate liability, employment practice liability and employee crime. https://lnkd.in/ecanwVVM #captive #captiveinsurance
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Did you know that businesses are 3️⃣ times more likely to be sued by an employee than experience a fire? Just like a fire, employee lawsuits can destroy your business. Shockingly, 70% of businesses do not have coverage to help with the costs of an employee claim and defense. Join PMA and Federated Insurance on June 19 for a time and cost-saving webinar on Employment Practices Liability Insurance (EPLI) to help make sure you have the correct coverage needed to protect your company. Register ➡️ https://bit.ly/3KzgM5R
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Helping Title Professionals protect their business with proper insurance coverages (E&O, Cyber, Crime, Bonds)
During an economic downturn, protecting your business is more important than ever. Whether you're having to lay off employees or are one of the lucky ones hiring more help, it's a good time to buy Employee Practices Liability Insurance (EPLI). EPLI safeguards your business against costly employment-related claims, including discrimination, harassment, wrongful termination, and more. #titleinsurance #EPLI
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Professional Indemnity, Employers Liability and Management Liability policies are designed to be complimentary and avoid duplication of cover. Claims that fall outside of a client claiming compensation wouldn’t be covered by Professional Indemnity insurance as this protects errors in advice or service but doesn’t include any errors made in your capacity as a director. Management Liability covers you against claims such as mismanagement, investigations, defamation and discrimination. On the other hand, Employers Liability insurance only covers circumstances where an employee has suffered a bodily injury due to negligence. Management Liability covers claims from employees alleging unfair treatment at work such as harassment, discrimination and wrongful dismissal. Reach out to our specialists for support today: https://lnkd.in/ef9jC-R3 #ManagementLiability #DirectorsandOfficers
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Insurance Updates: Any privately held company that hires and fires people exposes itself to potential liabilities. That’s why every business with employees should carry employment practices liability (EPL) insurance. Read more - https://lnkd.in/eG89g8me #HR #LiabilityInsurance #HumanResources
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📣Employment Practices Liability Insurance Could your business afford to defend itself against accusations of wrongful employment practices❓ If not, there is a solution available known as Employment Practices Liability Insurance (EPLI) that provides protection against claims such as wrongful termination, discrimination, or sexual harassment from current, prospective, or former employees. Read our blog below for top tips👇 https://hubs.li/Q02dm_KR0 #CoachlineCares💙 #HereToHelp👍 #TuesdayThoughts🤔
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Every year, tens of thousands of employees file complaints against their employers for acts like sexual harassment, discrimination, and wrongful termination. These claims can result in damages reaching hundreds of thousands of dollars. Unfortunately, most general liability policies do not cover such incidents, leaving your business vulnerable to significant financial losses. Defending against these claims can also be a drain on your time and resources. That's why Employment Practices Liability Insurance (EPLI) is essential for safeguarding your business against these costly risks. #joseolguin #insurance #autoinsurance #lifeinsurance #generalliabilityinsurance #epliinsurance
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Vice President at A. P Michaud Insurance Agency - Insurance Specialist ~ Business Insurance ~ Personal Insurance
Attention all businesses, big or small! Employment Practices Liability Insurance is an absolute must-have. Discrimination, harassment, and now, retaliation - it's crucial to protect your business from these risks. A recent case sheds light on the importance of being prepared. Check out this eye-opening article about a former nurse who was awarded a staggering $41 million in a retaliation suit. It's a stark reminder that retaliation is a common occurrence when employees speak up about misconduct within the workplace. Don't let your business be caught off guard. Stay informed and take action to safeguard your company's reputation and financial well-being. Read more about this case here: https://lnkd.in/gM7pexrA #EmploymentPracticesLiabilityInsurance #ProtectYourBusiness #RetaliationAwareness #michaudinsurance #methuenma #insuranceagent
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