Available worldwide, Argo Insurance’s EPLI insurance targets companies that have 5,000 or more U.S. employees. It is offered through Bermuda and non-U.S. domiciled brokers.
Employment Practices Liability (EPLI)
Argo Insurance’s EPLI insurance targets companies that have 5,000 or more U.S. employees.
Coverage Highlights
Basis of coverage
- Claims reported policy
- Insured controls defense of any claim
- Application is fully severable for all insureds
Coverage available
- Auto coverage for new additional insured organizations subject to underwriting
- No prior and/or pending litigation exclusion
- Defense costs coverage for WARN Act claims
- Annual bordereau reporting of all non-material claims matters
- Alternative venues for arbitration hearings
Coverage notes
- Modified hammer clause
- Broad definition of employment practices liability
- Broad definition of employee
Optional coverage available
- Third-party coverage
- Sensitivity and re-education training
Coverage extensions to qualified insured
- Joint venture extension
- Parent company extension
Coverage Amounts
Minimum policy deductible: U.S. $1 million each claim
Coverage Limits
$25 million
Appetite & Availability
Targeted classes
All industry groups except banks with investment banking operations, teaching institutions and sports teams
Excluded classes
Banks with investment banking operations, teaching institutions and sports teams
Geographic availability
- Asia
- Australasia
- Bermuda
- Canada
- Central and South America
- Continental Europe
- Middle East and North Africa
- United Kingdom
- United States
Additional Information
Distribution: Bermuda and non-U.S. domiciled brokers