The Evolution of Employment Practices Liability Insurance
It’s been interesting to watch the growth of employment practices liability insurance EPLI during more than 25 years of working in the specialty insurance industry. Twenty years ago EPLI was rare in the United States and, even a decade ago, most companies didn’t buy it. Today, however, many firms have stand-alone EPLI coverage: 41 percent of those with more than 1,000 employees, 34 percent of those with 500 to 750, 23 percent of those with 200 to 500 employees, 32 percent of those with 50 to 200 employees, and about 20 percent having fewer than 50 employees, according to Advisen.
READ MORE: The Evolution of Employment Practices Liability Insurance.
Join the Conversation on Linkedin | About PEO Compass
The PEO Compass is a friendly convergence of professionals and friends in the PEO industry sharing insights, ideas and intelligence to make us all better.
All writers specialize in Professional Employer Organization (PEO) business services such as Workers Compensation, Mergers & Acquisitions, Data Management, Employment Practices Liability (EPLI), Cyber Liability Insurance, Health Insurance, Occupational Accident Insurance, Business Insurance, Client Company, Casualty Insurance, Disability Insurance and more.
To contact a PEO expert, please visit Libertate Insurance Services, LLC and RiskMD.