Makes sure your “best practices” include having EPLI insurance.

In 2012, the Equal Employment Opportunity Commission (EEOC) refocused its energies with a proactive stance to “make a sustainable impact in reducing and deterring discriminatory practices in the workplace.” For employers, this has translated in an increase in class-action lawsuits and other employee-related workplace issues. What’s more, legislation changes a few years ago to the American Disability Act (ADA) broadened the definition of disability, making it easier for individuals to establish a medical condition and receive protection under federal law. In fact, the EEOC has seen record high charges and settlements in discrimination cases over the last few years.

Let us help you like we’ve helped many other businesses in New Jersey, Pennsylvania, and Connecticut, including companies in Mercer, Middlesex, Monmouth, and Ocean Counties, as well as Bucks County, PA. We offer up-to-date solutions to address targeted areas of exposure that most threaten your organization.

Could your company survive even one wrongful termination lawsuit?

The implementation of robust best practices when it comes to recruiting, hiring, and firing, along with documentation, written policies, and a strong training program that fosters a culture of fairness and transparency are critical in stemming workplace lawsuits. But even with these practices and policies in place, employers still face allegations of wrongdoing that require defending — even if the allegations are meritless.

To help safeguard your business against these types of lawsuits, Martin Insurance Group recommends securing employment practices liability insurance (EPLI). EPLI insurance is designed to cover legal fees, settlements and damage awards that result from employee claims of misconduct against your company’s employees and managers. Some insurers will even cover the costs of investigations and legal fees associated with regulatory actions. Keep in mind that general liability insurance and directors and officers insurance don’t cover claims of employment practices wrongdoing.

In addition, through our carrier partner, we can provide you with HR services to help you with employee-related best practices, including a free human resources hotline (no limit on number and length of calls).

Call now to speak with a representative about D&O insurance. Martin has the experience and expertise to protect you and your business. We invite you to find out more about the difference we can make in insuring what’s important to you. Please click here for a quote or give us a call at 800.353.5000.