Businesses generally tend to underestimate the cost of dealing with employment-related charges. In addition to the cost of defending such claims, the financial consequences of employment-related losses can be devastating, should penalties be assessed or settlement determined. Allied World’s Employment Practices Liability (EPL) coverage provides protection for an employer and its employees against claims made by current, former or prospective employees for discrimination (age, race, sex, disability, wage, etc.), wrongful termination, sexual harassment, retaliation and other employment-related allegations.
Underwriting strategy
- Appetite to write both Primary and Excess layers
- All industry sectors considered
- Building long-term and reciprocal relationships with our brokers and clients
Capacity
Primary
- Company Market: $15M/€10M/£10M or local currency equivalent
- Lloyd’s Syndicate 2232: $15M or local currency equivalent
Excess
- Company Market: $25M/€20M/£15M or local currency equivalent
- Lloyd’s Syndicate 2232: $25M or local currency equivalent