ISO Bolsters Employment-Practices Liability Insurance Program with Comprehensive Underwriting Guide

JERSEY CITY, NJ, July 2, 2002 — Insurance Services Office, Inc. (ISO) has bolstered the ISO Employers AdvantageSM employment-practices liability (EPL) program with a comprehensive underwriting guide that will assist insurers in evaluating their prospective customers' exposure to employment-related liability claims and workplace lawsuits.

The new ISO Employers AdvantageSM underwriting guide provides an array of tools and reference materials for more efficient and profitable risk selection and to help employers assess their exposure to potential risks.

The underwriting guide rounds out ISO's core EPL insurance program — coverage forms and endorsements, manual rules, and advisory prospective loss costs — and complements the risk-management and human-resources services delivered through its two business partners, the workplace HELPLINE and Laurdan Associates. Both firms provide workplace-liability-related consulting services.

The ISO Employers Advantage underwriting guide comprises:

  • an EPL application;
  • commentary on the essential elements underwriters need to
    consider in making decisions on risk submissions;
  • evaluation of individual risk characteristics for bottom-line risk
    assessment and scoring of risks on a "point value" scale; and
  • reference materials for underwriters that can also be used in
    training underwriters at different experience levels.

"The underwriting guide rounds out ISO Employers Advantage as an all-encompassing, ready-to-use program for insurers of any size," said Domenick J. Yezzi, Jr., ISO's vice president for specialty commercial lines. "Any insurer can leverage the ISO program to get into the fast-expanding EPL market and offer its customers a complete portfolio of services," Yezzi added.

Apart from the underwriting guide, ISO Employers Advantage provides insurers the choice of online or telephone support and assistance with questions on applications and underwriting criteria through the workplace HELPLINE and Laurdan Associates. Through these partners, ISO also offers risk-management consulting services and training to underwriters.

ISO is a leading source of information, products and services related to property and liability risk. For a broad spectrum of commercial and personal lines of insurance, ISO provides statistical, actuarial, underwriting and claims information and analyses; consulting and technical services; policy language; information about specific locations; fraud-identification tools; and data processing. In the United States and around the world, ISO serves insurers, reinsurers, agents, brokers, self-insureds, risk managers, and insurance regulators and other government agencies.

Release: Immediate

Giuseppe Barone / Erica Helton
MWW Group (for ISO)
201-507-9500 /

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