The increasing volume of legislation protecting employees from capricious, oppressive or unfair management practices means the likelihood of businesses – however well run it may be – defending and paying out employee-related claims is high. Common claims include:
- Discrimination
- Wrongful termination
- Sexual harassment
- Retaliation
Employers also face growing numbers of claims on less clearly defined and more contestable grounds. Examples include:
- Defamation of an employee
- Failure to promote
- Deprivation of a career opportunity
- Invasion of an employee’s privacy
- Negligent evaluation of an employee’s skills and performance
What does employment practices insurance cover?
Coverage offered by a employer practices policy is complex, however covers the following:
- Protects businesses against intentional injuries caused by employees with their acknowledgement or consent
- Costs of claims taken against a business by its employees
- Alleged discrimination, defamation, unfair dismissal, sexual harassment or workplace harassment
What does employment practices insurance not cover?
- Injuries caused by companies, rather those which individual employees or managers are responsible for
Sydney Insurance Brokers can help you protect your business against these risks, with employer practices insurance cover tailored to your full-time and part-time personnel. Our insurance experts can help you clarify your obligations, identify your exposure and arrange appropriate cover at competitive rates.