Overview:  Specific, purpose-built worldwide employment practices cover for the entity, as well as its directors, officers employees and others.

Who is it for?:  All financial institutions including Banks, Building Societies, Investment Management Companies, Insurance Companies and Stockbrokers.

As a result of increased UK employment legislation, the possibilities for employment actions against businesses are multiplying.
Most staff are aware of their rights and are quite prepared to take action against their employers if they think these rights are being breached. Meanwhile compensation awards are reaching six, even seven figures in the UK, setting precedents and giving employees everywhere a context for their own grievances. Of course, outside the UK, companies with any kind of US exposure face the full force of class actions and a history of huge settlements (“normal” for domestic US businesses who understand EPLI, but potentially devastating for a growing UK company,
with say a small US outlet).
CorporateGuard EPLI covers legal costs, expenses and compensation awards for a wide range of employment
practice violations.
EPLI covers actual or alleged violations (even unfounded ones can take time and money to defend).
Cover is worldwide so it doesn’t matter where you are represented. It protects everyone in the company (past or present) from the Chairman to individual contractors and temporary staff. It even covers your directors while they are working for outside companies.
Perhaps most important of all, AIG companies have a long and successful track record of defending our business clients in this area, so your clients’ interests will be tenaciously defended by a company that really knows what it is doing.