Protect Fintech Effortlessly With Exclusive EPLI Bundle
Real-World Data and Examples
The importance of EPLI coverage is underscored by real-world data. According to the U.S. Equal Employment Opportunity Commission (EEOC), there were over 67,000 charges of workplace discrimination filed in 2020 alone1. With the fintech sector being no stranger to such claims, having the right insurance coverage can make a significant difference.
Consider the case of a fintech startup that faced a lawsuit from a former employee alleging wrongful termination. Without EPLI coverage, the legal fees and potential settlement could have severely impacted the company's finances. However, with an EPLI policy in place, the startup was able to handle the situation effectively, maintaining its financial stability and reputation.