Uptake booms for liability insurance in Japan covering bullying, harassment

9/26/2018 5:46:00 AM

Source: Business Insurance

Japanese companies are increasingly buying liability insurance to cover legal claims for office bullying and sexual harassment, The Japan News reported. Businesses including small and medium-sized enterprises have purchased about 46,000 policies in the first seven months, up 60% from the same period in 2017. The insurance covers cases in which employees sue the company or top executives for power-related mismanagement, sexual abuse, loss of salary, unpaid overtime or unfair dismissals.