|LEXINGTON INSURANCE COMPANY INTRODUCES NEW EMPLOYMENT PRACTICES|
BOSTON, April 8, 1999 - Lexington Insurance Company has introduced a new Employment Practices Liability Insurance (EPLI) program specifically designed for group and collective businesses that includes new features previously unavailable to this market.
The program can be administered as a master policy or as individual policies issued to each subscriber. Coverage can be tailored for group and collective businesses such as retail and franchise groups, trade groups and trade associations, hospitality groups, municipal groups, professional groups, and design and construction industry professionals.
Lexington's EPLI program for group and collective businesses features punitive damage coverage built into the policy form. Coverage for independent contractors and third party employment practices liability claims is available by endorsement.
The program provides groups and collective businesses with an Employment Practices Risk Management Package comprised of a broad menu of value-added services. Available services include flexible, tailored employment practices risk management assistance, access to a full-time employment practices risk management consultant, group employment practices seminars and training, electronic employment practices self-audit tools, and tailored employment practices risk management information packets.
For more information on Lexington's Employment Practices Liability Insurance (EPLI) policies for group and collective business, contact Tracey Keefe at 617/330-8453 or Lisa Bee at 617/330-8562.
Lexington Insurance Company, based in Boston, is the leading U.S.-based excess and surplus lines carrier. Lexington Insurance Company is rated A++ (Superior) Class XI, by A.M. Best Company and AAA by Standard and Poor's.
* The above described coverage may not be available in all states, and the above description thereof is neither a complete description nor a complete list of all terms, conditions and exclusions. Note that certain terms used in the above are defined in the policy. Please see the policy for a complete description of its scope and limitations of coverage. Issuance of coverage is subject to underwriting.