Are your clients protected from the “Weinstein effect”?

With the recent increase in the news of high profile sexual harassment allegations in Hollywood, media, and politics, many companies are reconsidering the purchase of Employment Practices Liability (EPL) and Directors and Officers (D&O) liability insurance.
V3 Insurance Partners, underwriting on behalf of Berkshire Hathaway’s National Liability & Fire (NLF) Insurance Company, offers Vantage – a product designed to meet the needs of small to mid-size private companies and not-for-profit organizations.
Select the EPL coverage option to protect against employee allegations of workplace harassment, discrimination, and wrongful termination. Optional coverage includes a defense cost benefit for allegations of wage and hour violations and investigative cost reimbursement for an immigration violation notice. The policy also provides access to EPL risk management services from the nation’s leading employment and labor law firm, Littler Mendelson, P.C., for assistance regarding human resources or employment law questions, such as handling a workplace harassment situation.
The D&O coverage option may respond to lawsuits by company stakeholders against the executive officers and board of directors for failing to take steps to prevent the harassment misconduct by turning a blind eye to the behavior or endorsing such a workplace culture.
Reach out today to learn more and help your clients protect themselves and their company assets.

SVP and Professional Practice Leader, Dan Auslander
Dan Auslander,
SVP and Professional Lines Practice Leader