According to reports, the coverage enables Coterie Insurance‘s network of agents and brokers to provide their small business clients with the necessary support to effectively respond to and recover from incidents of workplace violence.
“Unfortunately, violence in the workplace is becoming more common, making coverage a necessity for small businesses looking to safeguard against their business risk,” said David McFarland, CEO of Coterie.
“Workplace Violence incidents can lead to significant economic losses, jeopardize the well-being of employees and guests and harm business reputations. Small businesses often find it difficult to manage these complex issues. Our workplace violence coverage is crafted to help small businesses prevent, prepare for, and respond to such events comprehensively.”
Coterie’s coverage provides crisis management and expense reimbursement along with risk management tools. Workplace violence is available as an add-on endorsement to Coterie’s businessowners policies and general liability policies.
“We are honored to join forces with Coterie who are at the forefront of offering vital workplace violence coverage amidst growing societal concerns. This collaboration is a testament to Coterie’s leadership and dedication to supporting small businesses and reflects our mutual commitment to tackling these important challenges” says Christopher Ellis, Head of Turnkey Solutions at Berkley Re.
Nearly 2 million American workers report being victims of workplace violence each year, according to the Occupational Safety and Health Administration (OSHA). By adopting Berkley Re Turnkey Solutions’ workplace violence coverage, Coterie empowers their agents and brokers by ensuring small business clients are well-protected and resilient in the face of such threats.
