Employment Practices Liability

Our expert team provide unparalleled guidance, enabling tailored coverage that meets the challenging demands of today's workplace. 

All our insureds have access to BeazleySure, an online risk management platform that offers comprehensive training, including sexual harassment training, a dedicated telephone hotline, wage and hour tutorials and model policies and procedures in English and Spanish.

Employers constantly face new challenges and exposures as a result of a changing legal landscape and increasingly employee-friendly courts. With the burden of proof typically on the employers, the impact can run beyond financial penalties and create deep reputational damage. 

• US employers from all industries with up to 30,000 full time employees are considered  
• Staffing firms without employee count limitation 

Beazley’s insured, a California based billion dollar market cap company, restated its financial statements with the Securities Exchange Commission due to errors related to a transaction with one of its suppliers. As a result, the insured’s stock price fell by approximately 25%. A securities class action and a shareholder derivative action ensued against the insured entity and its directors and officers. Plaintiffs asserted breach of fiduciary duties and gross mismanagement amongst other serious allegations. Our claims team worked closely with the insured’s defence counsel and supported them through motion drafting and oral argument. Our previous experience with a California securities class action/derivative action for a different insured in the same court, and with the same judge, was instrumental in securing a dismissal for the insured, thereby avoiding a multi-million dollar settlement.