This coverage provides protection for employers for claims of wrongful termination, sexual harassment, discrimination, invasion of privacy, false imprisonment, breach of contract, emotional distress, and wage and hour law violations.
The EPL policy is one that business owners can buy to protect their organizations against employee suits for rights protected under various acts (i.e.: ADA, Civil Rights, FMLA, ADEA & EEOC). More recently, with the expansion of privacy law(s), employee privacy concerns have come to the fore as private employee data is stored electronically. This is not always covered under an EPL policy, but Leo Risk Services has responded by offering cyber liability and network security policies.
Ask your favorite Leo Risk Services broker for details on EPL coverage for your client.
Employment Practices Liability for PEO Operations
Risk Transfer, Loss Control and Risk Management for Alternative Staffing Firms
Covering a primary exposure, employment liability has always been a concern of the alternative staffing industry, which is composed of approximately 2,000 professional employer organizations (PEOs) and 1,500 temporary help firms. Now considered one of the fastest growing industries in the United States, alternative staffing firms face broader and more complex employment practices liability (EPL) exposures than ever before. This makes the need to control those exposures a priority issue for most companies.
Leo Risk Services can help with closing a Coverage Gap:
In most cases, alternative staffing firms face EPL exposure stemming from the fact that their employees often have two employers –the alternative staffing firm and the client company. This creates additional exposure and leaves potential for a coverage gap, should an EPL lawsuit be brought against either employer. Until now, alternative staffing firms and their insurance agents have been hard pressed to obtain customized insurance.
Leo Risk Services, Inc. can write customized EPL insurance protection for alternative staffing firms, coupled with specialized claims management and risk management services – all through one valuable and cost-effective product.
Three Important Ways EPL Works to Protect Alternative Staffing Firms:
The insurance coverage is designed specifically to cover unique EPL exposures that alternative staffing firms face. It protects both the alternative staffing firm and the client company, should they be named in an EPL-related claim
Loss Control is available with renowned alternative staffing attorneys to manage and supervise claims under EPL policies. Insured’s benefit from superior EPL claims handling services as well as being able to access the leading thinking on defense strategy for alternative staffing firms.
To help EPL policy holders better manage risk, our markets can provides a wider approach to risk management that includes: in-house EPL risk management consultant; employment practices audits; toll-free EPL hotline; EPL self-audit software; and a monthly EPL executive newsletter.
Leo Risk Services, Inc. is a full service MGA & Broker for all Property & Casualty lines of business.