Claims and Risk Management Simplified
Gallagher Bassett established the GB Specialty Executive & Professional Liability practice area to bring enhanced focus to managing employment related claims and litigations. We partner with you to manage your current EPL claims, to provide education and training, and to create risk management strategies that decrease escalation and reduce friction between claimants and your company.
The last few years have brought a lot of change for employers. Businesses in every industry have seen an uptick in the frequency and severity of employment claims. Some recent trends that have brought about this rise in claims are attributed to employees working from home and returning to the office, talent gaps and staffing shortages, and wage and hour tracking.
The most common employment practices liability exposures include the following:
How are rising EPL matter affecting your business?
Increased exposure to financial and reputational damages
Climbing defense costs
Ever-increasing allocation of internal resources to resolve disputes
Average decrease in defense costs
Claims closed without incurring defense costs or engagement of counsel
Experienced EPL claims professionals
Our EPL Team is Your EPL Team
We actively work with you to navigate your EPL insurance coverage, ensure you are getting the full benefit of the policy for your claims, assist with settlement negotiations, and orchestrate resolutions at or below targeted goals.
An emphasis on collaboration and trust enhances our business relationships and has proven invaluable in evaluating risk and indemnity and reducing claims costs. We have lowered defense costs by up to 45% via establishing negotiated rates with defense counsel and resolving matters without the need for outside counsel.
And our team of experience EPL claims professionals can expertly manage your claims in all jurisdictions.*
We have handled more than 15,000 EPL claims for a wide variety of public and private entities. Examples of insures include healthcare facilities, retails establishments, law firms, staffing companies, and car dealerships.
GB Specialty’s team handles claims expediently and efficiently, taking each stakeholder’s specific needs and requirements into account. We proactively keep you informed regarding the status of each case and provide timely responses, ensuring you feel confident your claims are in good hands.
*Except Puerto Rico
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