Employment practice liability

Liability

A “directors and officers liability” (D&O) policy does not insure claims in the context of “employment-related matters” addressed to the company as a policyholder.

This is primarily related to discrimination in the workplace, bullying, intimidation, unfair dismissal, the refusal of promotion and other work-related risks.

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General explanation

The welfare and anti-discrimination provisions clearly define what behaviour is permissible concerning your company's employees. As well as being very costly, conflicts in the professional environment are detrimental to your company's image and financial position.

In the case of the defence costs in the event of an order for the payment of compensation, companies are recommended to take out employment practice liability (EPL) insurance. EPL insurance protects your company, subsidiaries, directors, managers and employees against the financial consequences of such damages claims.

Pay careful attention to the policy conditions

EPL policies vary a lot. Most of them provided cover for these six losses:

Prevention, advice and support during a crisis
Investigation and defence costs
Compensation
Reputation restoration
Costs of replacing an employee
Costs for apologising

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Contact: Marc Rodeyns

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Employment practice liability

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Pay careful attention to the policy conditions

L'assureur de protection juridique DAS annonce de nouveaux tarifs.

Credit insurance

Legal expenses insurance for companies