WHITEHOUSE STATION, NJ, December 15, 2021 / PRNewswire / – Chubb has launched a new insurance offering to help protect businesses against the financial costs associated with employment-related lawsuits filed for a range of issues, including wrongful termination, breach of contract, retaliation and others work-related problems. Chubb PrimarySM The Professional Liability Insurance Policy (EPLI) covers Professional Liability (EPL) claims made by past, present and potential employees and independent contractors. In conjunction with this policy, Chubb provides loss prevention consulting services and access to ChubbWorksSM, an online resource provided at no additional cost to Chubb EPLI customers, providing comprehensive EPL loss prevention tools to help resolve and prevent employment and employee issues.
In 2020, the Equal Employment Opportunities Commission (EEOC) received nearly 70,000 complaints of discrimination against employers, with retaliation invoked in more than 55% of all charges received. âEmployers face an increasingly dynamic employment accountability environment, and any business can be the target of an employment lawsuit,â said Kristen poplar, Senior Vice President, EPL Product Manager, Chubb financial lines North America. “Even if the allegations are false, an employer must still defend itself against a charge of employment misconduct, which can be financially devastating, especially for small businesses.”
For highlights of comprehensive coverage and to learn more about the main features of Chubb’s Primary Employment Practices Liability Insurance, click here. To learn more about employment practices liability insurance, visit chubb.com/us/epl.
Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb offers property and casualty insurance, supplementary accident and health insurance, reinsurance and life insurance to a diverse group of customers. As an underwriting company, we assess, assume and manage risk with insight and discipline. We process and pay our complaints fairly and quickly. The company is also defined by its broad product and service offerings, broad distribution capabilities, exceptional financial strength and local operations on a global scale. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is included in the S&P 500 Index. Chubb has executive offices in Zurich, New York, London, Paris and other sites, and employs approximately 31,000 people worldwide. Further information is available at: www.chubb.com.