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.
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
