Employment Practices Liability Insurance
US & Canada
Risk consultants providing comprehensive risk management solutions based on an understanding of client business priorities and goals.Learn More
- Broad definition of insured, providing protection for the company and for individual directors, officers and employees.
- Third-party liability cover offered as an optional extension.
Automatic extensions of coverage
- Joint ventures: coverage based on the client’s percentage of interest in the relevant joint venture
- Outside directors for non-profits
- Emergency costs
- Waiver of the retention for natural persons in the event of financial impairment of the insured company
- Sensitivity training – covers the cost of any outside training the company needs to undertake
- Pre-agreed panel counsel
- Broad definition of defense cost including costs in administrative and alternative dispute resolution
- Broad definition of employment practices wrongful act, including retaliation
- Broad definition of loss, including back pay, front pay, as well as punitive, exemplary and multiplied portion of any damage award
Benefits and Services
We have dedicated and experienced financial lines underwriters in all territories in which we operate.
Our market-leading claims management team has unrivalled expertise and knowledge. Our award winning claim system, “AXA XL GlobalClaim,” enables us to manage claims efficiently and accurately, no matter where they occur in the world.
- Privately held and publicly traded companies
- From SME enterprises to multi-national corporations