Chartis, a property-casualty and general insurance firm, has extended its CrisisResponse XS coverage to its catastrophic excess employment practices liability (EPL) clients.

CrisisResponseXS, developed by Chartis’ Cat Excess Liability division, allows companies to act quickly to mitigate losses and prevent reputational damage in the event of a crisis management event, as defined in the policy.

Chartis said that the CrisisResponseXS coverage is offered to catastrophic excess EPL clients for no additional premium. It provides up to $25,000 in additional limits outside of the catastrophic excess EPL policy limits, whether or not similar CrisisResponse coverage exists in the underlying insurance.

According to the insurer this coverage is accessible on a ‘first dollar basis’ or as a supplement to similar CrisisResponse coverage provided in the insurance tower.

The policy can pay crisis management costs including fees and expenses incurred by a crisis management firm for printing, advertising or mailing materials to manage reputational risk.

Chartis Cat Excess Liability president Jeremy Johnson said that in the event of a crisis event,
CrisisResponse coverage provides the insureds with access to the expertise and resources needed to implement a crisis management plan, respond to the needs of affected parties, and mitigate potential reputational damage.