Arch Insurance Announces New Stand-Alone Employment Practices Liability Product

<table cellspacing=0 cellpadding=0 border=0><tr><td align=right>Copyright: </td><td>Copyright Business Wire 2011</td></tr><tr><td align=right>Source: </td><td>Business Wire, Inc.</td></tr><tr><td align=right>Wordcount: </td><td>425</td></tr></table><!-- start_body --><br><p><location value="LU/us.ny.nyc" idsrc="xmltag.org">NEW YORK</location>--(BUSINESS WIRE)-- <org value="ACORN:676534417" idsrc="xmltag.org">Arch Insurance Group</org>, a subsidiary of Arch Capital Group Ltd., announces the immediate availability of <b>Arch Essential EPL</b>^<b>sm</b>, a new stand-alone Employment Practices Liability policy from Arch’s Executive Assurance Division. The new policy was developed by Arch to help employers of all sizes and industries mitigate today’s most pressing employment-related risk issues. </p><p> With Arch Essential EPL^sm, employers now have a cutting-edge tool in their risk management portfolio. Coverage includes late notice protection for EEOC Charges and Written Demands and coverage for Wrongful Acts carried out over any medium, including the Internet and Social Media. </p><p> Arch Essential EPL^sm coverage features include: </p><p> • State-of-the art “EEOC Charge & Written Demand Continuity Protection” </p><p> • Broadened definition of Employment Practices Wrongful Act, including: </p><p class="bwmarginl1"> -- Discrimination based on military or veteran status or political affiliation </p><p class="bwmarginl1"> -- Workplace bullying </p><p class="bwmarginl1"> -- Retaliation, including negative treatment of employee </p><p> • Internet and Social Media harassment and discrimination coverage, with coverage for individual defendants </p><p> • "Loss" definition includes explicit defense costs carve-back </p><p> • Emotional distress and mental anguish carve-back to bodily injury exclusion </p><p> • No intentional conduct exclusion </p><p> • Non-rescindable policy </p><p><b>All of the key features offered, including late notice on EEOC Charges and Written Demands, can be added to the EPL Coverage within our <i>Arch Corporate Canopy</i></b>^{<i><b>sm</b></i>}<b>product for privately held companies.</b></p><p> Furthermore, the new Arch policy offers a significant value-added benefit: Arch has arranged for workplace law expert <org value="ACORN:1665568354" idsrc="xmltag.org">Jackson Lewis LLP</org> to provide a call-in help line to assist Arch insurance with basic employment law questions and advice; complimentary attendance at Jackson <location value="LU/us.ny.lewis" idsrc="xmltag.org">Lewis</location> breakfast series conferences and similar programs; a discount of ten percent for the firm’s regular hourly rates for risk management services; and, unlimited access to the firm’s informational web-site. </p><p><org value="ACORN:676534417" idsrc="xmltag.org">Arch Insurance Group Inc.</org> is a member of Arch Capital Group Ltd., a <location value="LC/bm" idsrc="xmltag.org">Bermuda</location>-based company that provides insurance and reinsurance on a worldwide basis through its wholly owned subsidiaries. For more information, visit <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.archinsurance.com&esheet=50036244&lan=en-US&anchor=www.archinsurance.com&index=1&md5=694e6401bd1fed4023d2f5327be57876">www.archinsurance.com</a>. </p><p> Insurance coverage is underwritten by one or more member companies of <org value="ACORN:676534417" idsrc="xmltag.org">Arch Insurance Group</org> in <location value="LB/nam" idsrc="xmltag.org">North America</location>, which consists of <org value="ACORN:2092200157" idsrc="xmltag.org">Arch Insurance Company</org> (a MO corporation, NAIC #11150), <org>Arch Specialty Insurance Company</org> (a NE corporation, NAIC #21199), <org>Arch Excess & Surplus Insurance Company</org> (a NE corporation, NAIC #10946) and <org>Arch Indemnity Insurance Company</org> (a <org>NE Corporation</org>, NAIC #30830). Executive offices are located at <location>One Liberty Plaza</location> in <location value="LU/us.ny.nyc" idsrc="xmltag.org">New York City</location> 10006. Not all insurance coverages or products are available in all jurisdictions. Coverage is subject to actual policy language. </p><p><img alt="" src="http://cts.businesswire.com/ct/CT?id=bwnews&sty=20111020006306r1&sid=acqr4&distro=nx" /><span class="bwct31415" /></p><p><org value="ACORN:676534417" idsrc="xmltag.org">Arch Insurance Group Inc.</org><br /><person>Stefanie Frelick</person>, 646-563-6431<br />Vice President, <org>Corporate Marketing & Communications</org></p><p>Source: <org value="ACORN:676534417" idsrc="xmltag.org">Arch Insurance Group</org></p>