Employment Practices Liability
Finding the most suitable Employment Practices’ Liability insurance has become
a vital decision for many organizations.
At Lockton we appreciate the importance of this, and our specialists will be
at hand to guide you through this process.
Protection against employment litigation can include reimbursement for
settlements, judgements and defense expense related to allegations of:
- Breach of employment contract
- Discrimination against employees or prospective employees
- Wrongful Termination
- Sexual or other harassment
Employment Practices’ Liability Insurance protects a company and its employees (be they directors, officers, partners or supervisory employees). It covers everyone against financial loss as a result of actions made in relation to employment issues.
Protection against the implications of changing legislation, which include:
- reduction in the qualifying employment period
- increase in the ceiling on awards
- no pre-set limit for awards in respect of racial, sex or disability based discrimination
Protection against employment litigation, including:
- unfair dismissal
- the major rise in discrimination claims
- breach of contract
- wrongful dismissal
- discrimination by prospective employees who have never been employed
- victimisation/harassment
- defence costs
- court/industrial tribunal attendance costs
As independent Lloyd’s brokers, Lockton Companies International Limited will tailor an insurance policy to suit the needs of your organisation.
Cover would include:
- prospective employees (i.e. those applying for employment)
- those employees who had or have a contract of employment
Employment Practices’ Liability Proposal Form
Lockton Service
The key to our success is working in close partnership with each of our clients. Our specialists take time to listen and to understand your specific goals so that we deliver insurance solutions tailored to your requirements. This approach has earned us the trust of clients all over the world.
The same team that designs, negotiates and implements your business insurance plan with the carrier is also responsible for managing your service needs. This dedicated team approach increases our understanding of your business, allows us to anticipate your needs, and creates accountability and ownership by the team throughout the entire process.
Most insurance brokers promise a high-level of personalized service, but our unique structure allows us to actually deliver on that promise everyday. As a private, family-owned company, all our Associates focus solely on you, our client, rather than public shareholders.
We firmly believe we get business based on our expertise, creative solutions and outstanding service. Just as importantly, our client retention rate of 95 percent reflects our commitment to each and every client.