Berkshire Hathaway Specialty Insurance (BHSI) has added employment practices liability insurance (EPLI) to its Executive First suite of policies. This new policy provides coverage for companies facing harassment, discrimination and other claims initiated by employees, regulators, customers, and others.
The policy is designed to protect companies and executives in against claims that arise in today’s employment terrain, including wrongful termination, harassment, discrimination, retaliation, and failure to employ or promote.
The policy includes coverage for contemporary exposures, including those arising from genetic information, military status, sexual orientation or preference, and improper internet activity. Harassment is broadly stated as sexual or workplace harassment of any kind. Coverage extends to allegations brought by employees as well as third parties, such as customers. Limits of up to $25 million are available.
BHSI’s EPLI policyholders have access to EPL First, an online repository of HR training and compliance resources as well as attorney-client privileged “help line” services from an employment attorney. These services are provided by employment and labor law firm Littler Mendelson.
EPLI is the newest addition to BHSI’s Executive First suite of products, all of which provide customizable executive liability coverage for commercial and financial firms, including those with the most complex risk-transfer needs. Along with EPLI, the suite includes D&O liability insurance, side A DIC liability insurance, fiduciary liability insurance, and private and nonprofit organization portfolios.
BHSI provides commercial property, casualty, healthcare professional liability, executive and professional lines, surety, travel, programs, medical stop loss, and homeowners insurance.
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