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  • Employment Practices Liability Insurance: Understanding and Insuring Your Risk Exposure

Employment Practices Liability Insurance: Understanding and Insuring Your Risk Exposure

Every business has employment practices exposures. Some exposures cover risks insurable with employment practices liability insurance. Other risks, such as making poor hiring decisions and losing top talent, are uninsurable. ThinkHR can help businesses reduce risks and put HR best practices in place.

Employment Practices Liability Exposures They're more common than you might think:

  • 92,641 cases were filed with the EEOC in 2015
  • Average verdict exceeded $142,200, not including legal fees
  • 15% of all verdicts exceeded $1 million
  • Average settlement was $75,000 with 2% exceeding $1 million
    Sources: 2015 EEOC and EPL Jury Verdict reports

Employment Practices May Affect Other Risk Exposures, Including:

  • Cyber liability
  • Workers' compensation
  • Third-party liability Errors and omissions
  • Auto, building and other property damage

Want an interactive Risk Exposure Scorecard? It is a part of our proprietary ELEVATE program which looks at your business from all risk perspectives and seeks to protect your most valuable assets for maximum growth.


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Insurable Risks Include:

  • Sexual harassment
  • Discrimination Disability accommodation
  • Retaliation Employee privacy breaches
  • Other forms of harassment, including bullying
  • Other workplace employment-related actions

Uninsurable Risks Include:

  • Poor hires
  • Loss of talent
  • Poor performance
  • Lack of training
  • Disengagement
  • Poor management

Beimdiek HR Solutions Includes: 

  • Extensive compliance resources, tools, and checklists
  • Over 200 trainings with many EPL titles
  • A team of HR experts standing by to answer questions or provide advice

Ready to "move the needle" and take your business to the next level? Contact us or call one of our business experts at 417.358.4007. Whether it's shoring up your HR policies or mitigation your physical risk, the experts at Beimdiek are ready to help! 



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