Did you know the EEOC reported a 50%* increase in employment discrimination lawsuits in 2023 from 2022?
Settlement cost can range from a few hundred thousand to hundreds of millions.
Not every EPLI coverage is created equal. So, having comprehensive Employment Practices Liability insurance (EPLI) is key.
*https://www.wtwco.com/en-us/insights/2024/01/employment-practices-liability-2023-year-in-review-and-look-ahead-to-2024
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As your trusted insurance advisor, protecting your business is our priority. We strongly recommend Employment Practices Liability Insurance (EPLI) coverage for your company, if you don’t already have it.
Rampart has strong relationships with a variety of carriers that provide EPLI coverage. We’ll review your company’s profile to identify the right carrier with the most extensive coverage for your needs.
These are just two examples that are often not covered by an EPLI – yet they can result in costly lawsuits – unless you work with a seasoned insurance advisor.
Our comprehensive approach will help ensure your business is adequately protected from these and many other exposures:
Non-salaried or non-exempt employees filing a Wage and Hour complaint for unfair compensation for work done.
Customers, clients, and vendors filing third-party EPLI claims against your employees.
Highlights of EPLI Coverage
Legal Costs
Managed financial impact, including coverage for claims of wrongful termination, discrimination, harassment, and retaliation as well as defense costs if a claim goes to court.
RESOURCES
Legal compliance assistance, leadership training, HR and legal resources, and other programs are included as part of your EPLI policy to keep your business informed with ever-evolving employment laws.