Employment Practices Liability
Every employer has certain common law and statutory duties in respect of their relationship with their employees. Breach of such civil law provisions can lead to an investigation and leave employers liable for damages to their employees. It can be hard enough to keep on top of your duties at home, but if you have employees overseas do you fully understand local requirements? Typical claims include unfair and wrongful dismissal, harassment, discrimination, wrongful disciplinary action, failure to promote and negligent evaluation.
Commercial Crime
In this context ‘crime’ is theft committed by a company’s employees either against itself or a third party (e.g. a customer). Organisations need to put in place controls to reduce the opportunity for employees to steal both from themselves and from their customers. However sophisticated the controls, there is always the danger that people will beat them. The residual risk can be transferred using crime insurance.
Errors and Omissions (North America)
All ‘professional’ organisations need professional indemnity known as ‘errors and omissions’ in North America) insurance to cover the risk of their professional negligence. For certain professions such cover is compulsory.
