Logistics Brokerages Win with EPLI Claims Expertise Included

Benefits of EPLI Claims Expertise

1. **Risk Management**: EPLI claims expertise allows logistics brokerages to identify potential risks and implement preventative measures. This proactive approach reduces the likelihood of claims and fosters a safer, more compliant workplace environment.

2. **Cost Savings**: By minimizing the occurrence of claims, brokerages can save significantly on legal fees and potential settlements. Moreover, having a dedicated team to manage EPLI claims can streamline processes and reduce administrative burdens.

3. **Enhanced Reputation**: A logistics brokerage known for effectively managing employment practices is more likely to attract and retain top talent. This reputation can also lead to stronger relationships with clients who value ethical and compliant business practices.

Real-World Examples

Consider a logistics brokerage that faced a discrimination lawsuit due to a lack of EPLI coverage. The legal fees and settlement costs amounted to over $200,000, severely impacting their financial stability. In contrast, another brokerage with EPLI claims expertise managed a similar situation by quickly addressing the issue internally, resulting in a much lower financial impact and preserving their reputation.