Willis Towers Watson
Practice Liability
What is it?
The intent of Employment Practices Liability (EPL) insurance is to provide broad liability protection for all employment practice violations. The coverage it provides goes beyond that of a standard Directors & Officers policy, in that it provides protection for the company and all of its employees (including directors, officers and temporary or season workers).

EPL insurance includes:
– Regulatory investigations
– Defence costs
– Legal representation costs at an official investigation
– Punitive damages (for North American exposure)
– Third party coverage
– Mental anguish and emotional distress
– Wage and hour defence costs cover (for North America exposure)
Who should consider buying this insurance?
Employment Practices Liability insurance is needed as soon as an organisation starts to hire employees.

In recent years, new laws and directives around employee rights mean the issues EPL insurance addresses are more important than ever. With employees more informed of their rights, EPL insurance should be high on any organisation's agenda when it comes to managing their risks.
How do we add value?
Our clients have access to an online risk management platform, which offers comprehensive risk management including sexual harassment training, a dedicated telephone hotline, wage and hour tutorials, and model policies and procedures.

Human Resource (HR) services include:
– Unlimited HR support by telephone and email
– Step-by-step procedures and over 500 HR forms
– 102 sample employee handbooks
– Online training
– Management training bulletins
– Animated training
– Audio conferences
– Employment law updates by email
– Free employee complaint hotline
We have a number of core initiatives which provide tangible value to our clients' risk management process including:

Richard is a Senior Vice President and Willis' Financial Services Practice Leader, based in New York. During his 25-year banking career, he has managed sales, trading and team structuring for some of the biggest financial institutions.

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