Unique employment practices cover that addresses emerging exposures as well as traditional ones.
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.
In addition to specific coverages on discrimination, harassment and other standard employment allegations, our policy offers the following key features:
Limits: Up to US $20M
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.
The risks are only set to increase as the implications are established of non-standard forms of working becoming more prevalent, such as zero hours contracts and freelancing.
Worldwide
Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in thea world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.
Good is a start, but we go all-out for better. A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond. Simply put, at Beazley we go to 11.
Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team. Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.
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.
London, UK
+44 (0)20 7674 7255
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London, UK
+44 (0)20 7674 7054
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London, UK
020 7674 7079
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London, UK
+44 (0)207 674 7740
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London, UK
+44-20-7674-7794
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