Marsh Thursday, August 21, 2008
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EPLI

Marsh US Consumer is pleased to announce that it now offers for Engineering firms, Employment Practices Liability Insurance (EPLI).  This protection covers your firm in the event of sexual harassment, failure to employ or promote or discrimination, among other employment related risks generally not covered under your Business Owners Policy.  Read on to learn more about this valuable protection and then fill out the short form quote request and a knowledgeable EPLI representative will provide you with a competitive quote for coverage.

For engineering firms with current Employment Practices Liability Insurance (EPLI) or past losses, we offer "EPLI Total Solutions." As your insurance professional, we will present your engineering firm EPLI profile based on the information completed on the EPLI Application Request Form to our preferred provider. 

 

Did you know...

Employment Practices Liability Insurance (EPLI) protects against employment-related lawsuits.

  • If an employer is sued by an employee there is a 63% chance that the employee will win.
  • The number increases to 66% if sex discrimination is alleged
  • The number increases to 67% if the suit is brought in federal court

The average verdict in an employment suit is $603,376

  • The number rises to $808,337 if the suit is brought in state court
  • For discrimination claims the average verdict is $656,072, and that number increases to $1,016,566 if the suit is brought in state court

For whistleblower claims the average verdict is $616,039

  • There is a 55% chance of a verdict of $250,000 or more
  • There is a 33% chance of a verdict of $500,000 or more
ASME
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