Employment Practices Liability Insurance (EPLI) in Rochester and Pittsford, NY
Safeguarding Employers in the New York Region from Litigation Loss
Hard work is the foundation of any business. It takes patience to operate a company, as well as mange the production of goods alongside employee success. This isn’t a novel concept for business owners. Instead, it’s the reality these individuals face on a daily basis.
Claims of employment practices misconduct are real and costly - regardless of the size and scope of the business. Some of the most common types of liability lawsuits instituted by employees are retaliation, discrimination, and sexual harassment. At Paris-Kirwan Associates, Inc., we recognized the financial burden lawsuits can have on employers, particularly those in the New York area. As a result, our agents formulated a comprehensive employment practices liability insurance (EPLI) plan.
Employment Practices Liability Insurance (EPLI) Coverage Details
EPLI protection mitigates loss associated with meritless and legitimate claims against businesses. It can be written as a portion of a traditional business owners policy (BOP) or promoted as a standalone selection. EPLI showcases its coverage capacity by reimbursing costs associated with litigation. Costs can vary, but typically include court costs and settlements related to a lawsuit.
As an independent insurance agency, we have access to a collection of national carriers. These carefully chosen partnerships ensure policies are backed by established, trusted providers. In order to take full advantage of this marketplace, agents work diligently with employers to maximize personalization. Consistent communication between agents and business owners confirms proper, cost-effective coverage is always in place.
Many of the EPLI policies we write contain loss prevention services, which may reduce a business’ chance of being sued. This proactive service extends to strengthening legal defense before lawsuits arise.
Don’t make the mistake of believing your company is immune to the scenarios covered by EPLI. Staying undiagnosed creates unnecessary exposure for any business, specifically regarding the following claims:
- Employment harassment, including sexual harassment, bullying, and hostile work environment
- Wrongful termination
- Failure to employ or promote
- Breach of employment contract
- Deprivation of a career opportunity
- Negligent evaluation
- Wrongful discipline
Professionals Focused on Fighting for Your Business
Employees are often a business owner’s greatest asset; however, outliers exist and these associations can turn sour. If this scenario occurs, your team of experts from Paris-Kirwan Associates become a principal ally.
With a base in Rochester and offices in New York City, we have the capacity to meet the needs of New York enterprises. We believe owning knowledge of your business is essential. In order to write the most fitting policy, we need to identify the business type, number of employees, and projected exposure to risk. Not only will this verify accurate coverage, but also determine the cost of your policy or endorsement.
Agents act as guides throughout the process. A consistent companion, we’ll help keep operations running smoothly, even during a legal rough patch. There’s no need to stop working, because we won’t stop working for you.
- Information Regarding Employment Practices Liability Insurance (EPLI) (Insurance Information Institute (III))
- Details and Materials for Employment Practices Liability Insurance (EPLI) (Businessinsure)
- Employment Practices Liability Insurance (EPLI) Defined (The International Risk Management Institute (IRMI))
At Paris-Kirwan Associates, Inc., we’re proud to provide employment practices liability insurance (EPLI) in Rochester, Victor, Pittsford, Brighton, Webster, and Fairport, NY. We are licensed to serve New York, New Jersey, Pennsylvania, and more.