Top 11 EPLI (Employment Practices Liability Insurance) Companies, Agencies, & Brokers
The importance of fair practices and the protection of both employees and employers in today's workplace can't be overstated. Employment Practices Liability Insurance (EPLI) offers a shield against the potential legal complexities that can arise from employment-related issues, such as wrongful termination, discrimination, sexual harassment, and other employment-related liabilities.
The Value of EPLI Companies, Agencies, & Brokers
Navigating the intricacies of employment laws and regulations can be daunting for businesses of all sizes. EPLI companies, agencies, and brokers play an important role in providing protection against the financial fallout from claims and lawsuits.
They offer customized policies that cover legal fees, settlements, and judgments arising from employment disputes. By transferring these risks to insurance providers, businesses safeguard themselves, allowing them to focus on growth and stability.
These providers are partners in risk management, offering guidance and support through complex legal landscapes. The best EPLI providers offer preventative resources, such as training for managers and employees, to reduce the likelihood of claims.
They understand the ever-evolving nature of employment law and adapt their services to meet these changes, ensuring businesses remain protected against emerging risks.
Choosing the Right EPLI Provider
Identifying the right EPLI provider requires careful consideration of several factors. First, assess the provider's expertise in your specific industry, as different sectors face unique employment practices risks. A provider with a deep understanding of your industry can offer policies that closely align with your risk profile, ensuring you're not under or over-insured.
Second, evaluate the provider's claims response record. In the event of a claim, you want a provider that responds quickly and effectively, minimizing the impact on your business. Look for providers with a reputation for fair and prompt claims handling, as well as access to legal experts who specialize in employment law.
Lastly, consider the range of services offered. The best EPLI providers go beyond just offering insurance; they provide risk management consulting, employee training programs, and legal advice. These value-added services can significantly reduce the likelihood of employment claims and lawsuits, making them an essential factor in choosing a provider.
TL;DR Top 11 EPLI (Employment Practices Liability Insurance) Companies, Agencies, & Brokers
Alpha Apex Group: Alpha Apex Group safeguards businesses from employment claims, offering tailored EPLI coverage and proactive risk management.
Nationwide offers comprehensive and flexible Employment Practices Liability Insurance (EPLI) with a focus on minimizing employment practices liability risks, making it suitable for both large corporations and individuals with domestic staff.
The Hartford provides customizable EPLI with broad coverage including third-party claims, emphasizing risk management and prevention for businesses of all sizes.
Travelers Insurance offers extensive EPLI coverage and proactive risk management solutions across various industries, focusing on maintaining operational integrity in the face of employment-related claims.
Allstate's EPLI offers broad protection against employment-related lawsuits with a focus on comprehensive coverage, financial protection, and risk management resources for businesses of all sizes.
Progressive Commercial provides customizable EPLI with an emphasis on flexibility and comprehensive protection against employment practices claims, suited for businesses seeking tailored insurance solutions.
Alpha Apex Group, Leaders in EPLI Insurance.
Alpha Apex Group stands out as a leading authority in Employment Practices Liability Insurance (EPLI), providing comprehensive insurance solutions that protect businesses against employee claims alleging rights violations. Their deep understanding of employment law and insurance provides critical coverage options tailored to each client's specific business needs and risk exposures.
By specializing in EPLI, Alpha Apex Group helps companies navigate the complexities of workplace-related claims, offering robust policies that cover legal fees, settlements, and judgments. Their proactive approach includes risk assessment, policy customization, and ongoing support to ensure clients are both protected and informed.
Key services:
Custom EPLI policy brokerage
Risk management consulting
Claims handling assistance
Preventative training and support for HR practices
Legal compliance and updates
Why work with Alpha Apex Group:
Working with Alpha Apex Group offers businesses peace of mind and robust protection against potential employment claims. Their expertise in tailoring EPLI coverage ensures that clients receive precise protection aligned with their specific risks and business environment, reducing vulnerabilities and fostering a safer, more compliant workplace.
Nationwide provides comprehensive Employment Practices Liability Insurance (EPLI) that caters to the needs of both large corporations and small or new businesses. This coverage is designed to protect employers against claims made by employees alleging discrimination (based on sex, race, age, or disability, for example), wrongful termination, harassment, and other employment-related issues such as failure to promote.
It emphasizes the importance of businesses having a legal department or an employee handbook that details the policies and procedures guiding hiring, disciplining, or terminating employees.
Nationwide suggests several measures to reduce employment practices liability risk, including developing an employee handbook, creating clear job descriptions, conducting periodic performance reviews, and instituting a zero-tolerance policy regarding discrimination and harassment.
Key Services:
Coverage for claims of discrimination, wrongful termination, and harassment
Risk management and loss prevention advice
Optional limited EPLI coverage for personal excess liability policyholders
Why Work with Nationwide?:
Nationwide's EPLI coverage is notable for its flexibility and comprehensive support. It provides essential financial protection against a variety of employment lawsuits and complaints, catering to the needs of both public and large private companies with tailored coverage options.
Additionally, for affluent individuals with domestic staff, Nationwide offers optional limited EPLI coverage with substantial limits, emphasizing the unique risks faced by this demographic and providing solutions such as employment event fund coverage.
Nationwide's approach to EPLI includes detailed guidelines for minimizing risks associated with employment practices, making it a robust choice for businesses looking to protect themselves against potential employment-related claims.
The Hartford offers Employment Practices Liability Insurance (EPLI), designed to protect businesses from various employment-related claims. This insurance coverage addresses issues such as wrongful termination, discrimination, harassment, and other workplace-related lawsuits.
Recognizing the rising legal costs associated with such claims, The Hartford's EPLI provides comprehensive support to safeguard businesses. The policy encompasses protection against accusations from not only employees but also customers, vendors, and business invitees, which is a broader scope than some policies offered by other insurers.
Business owners can opt for EPLI as part of The Hartford's Business Owner’s Policy (BOP) or as a standalone coverage. The coverage is tailored to help businesses handle claims related to discrimination (including age discrimination), retaliation, violation of the Family and Medical Leave Act, wrongful discipline, and more.
Key Services:
Protection against wrongful termination, discrimination, and harassment claims
Coverage for third-party EPLI claims
"Wage and Hour Defense Cost" coverage included in BOP
Risk management and preventive resources
Why work with The Hartford?
With over 200 years of experience, The Hartford stands out for its comprehensive and customizable EPLI coverage, designed to meet the broad needs of businesses facing employment-related legal challenges. Their focus on providing insurance and helping businesses mitigate risks before they arise shows a commitment to their clients' long-term success.
Travelers Insurance provides robust protection through its Employment Practices Liability Insurance (EPL), designed to support businesses against various employment-related claims. This insurance covers defense costs and damages stemming from allegations such as wrongful termination, discrimination, workplace harassment, and retaliation.
Given the current societal trends, economic conditions, and evolving legal environment, such claims have become increasingly common, affecting organizations across all sizes and industries. The consequences can significantly disrupt business operations, affect employee morale, damage reputations, and impose financial burdens even before court proceedings begin.
Industries:
Financial institutions
Nonprofit organizations
Private companies
Public companies
Key Services:
Comprehensive coverage for claims including discrimination, wrongful termination, and harassment.
Risk management advice and loss prevention resources.
Optional limited Employment Practices Liability Insurance (EPLI) for personal excess liability policyholders.
Coverage for third-party EPLI claims.
Why work with Travelers Insurance: Travelers Insurance stands out for its comprehensive coverage options that safeguard businesses against the complex landscape of employment practices liabilities. Their proactive approach to risk management, coupled with specialized solutions for small businesses, ensures that companies are well-prepared to handle potential claims and maintain their operational integrity.
Allstate offers Employment Practices Liability Insurance (EPLI) to protect businesses against legal actions from current, former, or potential employees. This type of insurance covers a wide range of employment-related lawsuits, including claims of discrimination, sexual harassment, wrongful termination, breach of contract, invasion of privacy, and more.
Businesses of any size, whether for-profit or non-profit, may find EPLI valuable for protecting against financial damages and reputational harm resulting from such allegations. Given the increasing frequency of employment-related lawsuits, EPLI is an important asset for businesses to manage potential legal fees and settlement costs, which could amount to thousands of dollars.
Key Services:
Legal Fee Coverage: Covers the costs associated with defending against employment-related lawsuits.
Settlement and Damages: Pays for settlements and damages awarded in employment practices lawsuits.
Risk Management Support: Offers online resources and access to legal advice for preemptive risk management.
Why Work with Allstate?
Comprehensive Coverage: Allstate's EPLI covers a broad spectrum of employment-related claims.
Financial Protection: It offers financial protection against potentially crippling legal fees and settlements.
Risk Management Resources: Allstate provides access to online support and legal advice to help businesses manage and mitigate employment practices risks.
Adaptability: EPLI from Allstate can be tailored to suit businesses of different sizes and can be added to existing policies, such as a Businessowners policy (BOP) or a general liability policy.
Choosing Allstate for your EPLI coverage offers the advantage of comprehensive protection backed by a leading insurance provider. Allstate covers a wide array of employment-related risks and supports businesses with risk management resources and legal advice.
Progressive Commercial offers Employment Practices Liability Insurance (EPLI), designed to shield businesses from claims related to employment practices such as discrimination, harassment, and wrongful termination.
This insurance is vital as it fills the coverage gap left by most business insurance policies, protecting the company, its leaders, and employees. It's recommended to standardize company procedures to mitigate the risk of claims.
The cost of EPLI varies based on factors like the number of employees and the company's claims history.
Key Services:
Complete protection against discrimination, wrongful termination, and harassment claims.
Access to risk management consultation and loss prevention tools.
Optional Employment Practices Liability Insurance (EPLI) for those holding personal excess liability policies.
Third-party EPLI claims coverage.
Why Work With Progressive Commercial?
Progressive Commercial stands out for its ability to provide customized insurance solutions tailored to the unique needs of various businesses, ensuring comprehensive protection against a wide range of risks.
Their emphasis on flexibility and customization, coupled with a broad spectrum of coverage options, makes them a go-to choice for businesses seeking reliable insurance solutions.
7. Next Insurance
Next Insurance, launched in 2016 by founders Alon Huri, Nissim Tapiro, and CEO Guy Goldstein, has revolutionized the small business insurance sector by offering simple, affordable, and tailored insurance solutions.
Recognizing the evolving needs of business owners over the last decade and the stagnant response from the traditional insurance industry, Next Insurance set out to align insurance products with the actual requirements of its clientele.
Next Insurance has broadened its Employment Practices Liability Insurance (EPLI) for restaurants to include general liability coverage in 28 states and Washington, D.C.
This expansion offers added protection against legal actions related to discrimination, sexual harassment, wrongful termination, and more.
Specifically designed for small businesses like restaurants, which might lack extensive HR or legal resources, EPLI from Next Insurance aims to shield against financial strains from legal fees, investigation costs, judgments, or settlements.
Key Services:
Tailored Business Insurance
Workers Compensation Insurance
Commercial Property Insurance
Commercial Auto Insurance
Instant Proof of Insurance
Monthly Payments without additional fees
Quick Quote Process
Exceptional Customer Service
Why work with Next Insurance?
Next Insurance stands out for its commitment to simplifying insurance for small businesses through technology. The company offers policies that are easy to purchase and come with online access to essential documents like certificates of insurance without extra fees.
With a vision rooted in the founders' own experiences as small business owners, Next Insurance is committed to supporting other entrepreneurs on their journeys, making it an ideal partner for business owners seeking reliable and responsive insurance coverage.
8. Zurich North America
Zurich North America offers a comprehensive solution for businesses seeking protection against a wide range of employment-related claims through its Employment Practices Liability Insurance (EPLI).
Recognizing the rising frequency of discrimination claims and the substantial settlements involved, Zurich has positioned its EPLI as an essential tool for businesses aiming to safeguard against the financial and reputational risks stemming from employment disputes. Their policies are designed to cover claims made by current, former, or prospective employees, addressing allegations of wrongful termination, discrimination, harassment, and more.
In an era where litigation is common, even well-intentioned companies can face disputes, making EPLI a critical component of a business's resilience strategy.
Key Services:
Comprehensive Coverage: Protection against claims of wrongful termination, discrimination, harassment, and more.
Customizable Policies: Flexibility to tailor coverage based on unique business risks and requirements.
Legal Guidance and Risk Services: Access to risk management services aiming to prevent claims before they occur.
Global Coverage: Policies that extend worldwide, ensuring protection across all jurisdictions where legally permissible.
Why Work with Zurich North America?
Zurich North America stands out for their deep understanding of employment laws and the evolving landscape of employment-related risks.
Their commitment to providing businesses with customizable, comprehensive coverage, backed by legal guidance and preventive risk services, makes them a preferred choice for companies seeking to mitigate the challenges of employment litigation.
Their approach not only addresses the financial aspects of claims but also aims to support businesses in fostering a healthier work environment, potentially reducing the likelihood of disputes arising in the first place.
9. Chubb
Chubb's Employment Practices Liability Insurance (EPLI) provides comprehensive coverage for businesses against a wide array of employee-related claims.
This insurance is designed to address the increasing litigation businesses face from claims such as harassment, wrongful termination, discrimination, breach of contract, and other workplace-related issues.
Chubb's EPLI includes flexible insurance coverage options and expert loss control services to help mitigate business risks associated with employee claims.
Notable Features:
Flexible Defense Structures: Adapts to the evolving legal landscape and clients' changing needs.
Broad Definitions: Addresses a wide range of employment practices and wrongful acts.
Global Coverage: Provides access to Chubb’s global network and affiliated broker partners.
Key Services:
ChubbWorks: A free online resource for companies seeking assistance with employment issues.
Loss Prevention Consultant Services: Access to pre-approved top law firms, HR consulting firms, and labor economist statistical firms at discounted rates.
Toll-Free Hotline: Direct access to nationally recognized law firm Jackson Lewis LLP for employment-related inquiries.
Why work with Chubb?
Chubb is known for its comprehensive coverage options, global capabilities, and proactive risk management programs. The insurance giant offers a suite of tools and resources through ChubbWorks and other services to help businesses manage and mitigate employment practices liability risks effectively.
Their approach includes a focus on preventative measures, knowledgeable governance, and sound risk management practices, making them a leader in the EPLI market.
10. Cross Insurance
Cross Insurance, a family-owned enterprise with roots going back to 1954, stands as a significant figure in the insurance landscape of the Northeast.
Cross Insurance Agency emphasizes the importance of Employment Practices Liability Insurance (EPLI) to safeguard businesses from employment-related claims such as harassment, discrimination, wrongful termination, and failure to promote.
They believe there are steps businesses can take to minimize employment practices liability risk, including creating a comprehensive employee handbook, defining job expectations clearly, reviewing hiring processes, documenting employee-related issues, implementing harassment and discrimination policies, and establishing discharge procedures.
Cross Insurance prides itself on establishing winning partnerships that secure a protective future for clients, ranging from families and businesses to employees. They negotiate a broad spectrum of insurance options including personal, commercial, employee benefits, and bonds, representing renowned insurance providers to ensure quality solutions.
Industries Served:
Construction
Healthcare
Higher Education
Clean Energy
Key Services:
Personal Insurance (Home, Auto, Life, Umbrella, Renters, Boat, etc.)
Commercial Insurance (Business Assets, Commercial Auto, General Liability, Workers’ Comp, etc.)
Employee Benefits
Specialty Products (Surety & Bonding, Student Health, etc.)
Why work with Cross Insurance?
Cross Insurance is known for its family-rooted values, extensive industry expertise, and commitment to providing tailored insurance solutions. Their vast experience, coupled with a broad spectrum of services, ensures comprehensive coverage and peace of mind for clients across various sectors.
11. Liberty Mutual Business Insurance
Liberty Mutual's Employment Practices Liability Insurance is designed to mitigate risks related to employment such as wrongful termination, discrimination, and harassment claims.
It provides a comprehensive solution with up to $25M in coverage, catering to various organizations including public, private, and nonprofits.
The policy offers detailed coverage for numerous employment-related acts without mandating panel counsel or a single retention for related wrongful acts.
Additionally, it extends to mental anguish and emotional distress claims, highlighting Liberty Mutual's in-depth understanding and tailored solutions for modern employment liability challenges.
Industries:
Construction
Energy
Financial Institutions
Healthcare
Manufacturing
Professional Services
Real Estate, Technology
Wholesale-Distribution
Notable Services:
Commercial Auto & Fleet
Cyber Liability
Environmental Liability
General Liability
Professional Liability
Property Insurance
Workers Compensation
Surety Bonds
Why work with Liberty Mutual Business Insurance?
Choosing Liberty Mutual Business Insurance means partnering with a leader known for its high-quality service, extensive industry specialization, and innovative solutions.
Their mutual insurance status propels a customer-first approach, enabling them to focus on long-term strategies rather than short-term gains. This unique perspective fosters better decision-making, ensuring that clients receive the most effective solutions tailored to their specific needs.
Liberty Mutual's dedication to diversity, equity, and inclusion further enriches their service, bringing a broad spectrum of insights and expertise to the table. With a solid track record of over a century in the industry, Liberty Mutual stands as a reliable partner for businesses navigating the complexities of today's risk environment.
Key Factors to Consider When Choosing an EPLI Provider
Coverage Scope: Assess the comprehensiveness of the policy, including what types of claims are covered, such as discrimination, wrongful termination, and harassment. Ensure it aligns with your company's risk profile.
Policy Limits and Deductibles: Understand the policy limits and how they might affect your coverage in a claim situation. Compare deductibles to find a balance between affordable premiums and out-of-pocket costs.
Claim Response and Support: Evaluate the insurer's reputation for handling claims. Look for providers with a track record of responsive and supportive claims service.
Risk Management Resources: Some insurers offer resources to help businesses minimize their risk of employment practices claims. These can include training programs, legal advice, and HR support services.
Industry Experience: Consider insurers with experience in your industry, as they will have a better understanding of the specific challenges and risks your business faces.
Cost: While not the only factor, the cost of the policy should be considered. Compare quotes from multiple providers to ensure you are getting a competitive rate without sacrificing coverage quality.
What EPLI Provider Will You Choose?
Selecting the right Employment Practices Liability Insurance (EPLI) provider is important for protecting your business against claims of wrongful employment practices. A carefully chosen EPLI provider offers financial protection and supports your company in fostering a fair, respectful, and legally compliant workplace environment.
By considering the coverage scope, cost, industry experience, and the additional resources offered by the insurer, you can make an informed decision that best meets your company's needs. As you evaluate your options, remember that the right provider is one that aligns with your business's risk profile, offers robust support in times of need, and contributes to the overall health and safety of your workplace.
