Employment Practices Liability Insurance (EPLI) for Professional Firms
More and more employers are finding out the hard way that the employment relationship has become increasingly complex -- a
quick review of today's newspaper headlines will confirm this. As a result, professional firms face a multitude of serious
exposures in their day-to-day interactions with employees. In addition, claims for harassment, discrimination, wrongful termination,
retaliation, and a variety of workplace torts, spurred by the Civil Rights Acts of 1991 and the Americans with Disabilities
Act, are rising each year -- with no end in sight. In fact, as courts are broadening the definitions of discrimination and
harassment, these claims can only be expected to rise. The many costs associated with such claims can have a serious financial
impact on even large firms.
As one of the first insurers to introduce Employment Practices Liability Insurance (EPLI), Chubb conducted a thorough, nationwide
research effort into the unique exposures of professional firms. As a result, we developed a comprehensive, stand-alone, EPLI
policy exclusively for professional firms.
Chubb is committed to helping our customers prevent losses before they occur in the first place. In addition to Chubb's EPLI
policy, customers receive access to a wide range of EPL loss prevention services including our multifaceted Employment Practices
Loss Prevention Program. Resources include a wide array of employment tools and information available via web-based ChubbWorksSM, a toll-free hot line, a panel pf consultants, and more-all designed to help firms reduce their EPL exposures.