Employment Practices Liability insurance
Under UK and European law, the employment situation is becoming increasingly complex and your responsibilities to your employees are growing as changes to employment law become ever more frequent. Unfair dismissal and claims for sexual and racial discrimination are more common now than ever before.
The danger doesn't stop there. As companies are expanding and opening offices abroad, they are encountering regulations and exposures to which they are usually unfamiliar. The business opportunities are often very good, but the risk of being sued for an obligation you aren't even aware of could be very high.
Many firms beleive that a claim will never be made against them, but mistakes do happen - even in the best run companies. A troublesome employee could cost you more than you have budgeted for if they decide to pursue a claim against you.
Employment Practices Liability insurance provides cover beyond that normally provided by Directors’ and Officers’ Liability insurance (D&O) by including protection for claims made against the company.
SBJ Professional can arrange Employment Practices Liabilty insurance cover quickly at competitive premiums.