Introduction
In this edition of the Wellness Law Podcast, we're thrilled to welcome Kit Chaskin and Lauren Golanty, co-founders of Third to First. These two dynamic women are spearheading a change in how employment practices liability insurance (EPLI) is used to handle toxic work cultures. This innovative shift not only aligns with our recent podcast themes but offers a new avenue for fostering healthy work environments.
Meet the Innovators
Kit Chaskin brings a wealth of experience as a former attorney with a notable career in litigation with firms like Reed Smith. Her co-founder, Lauren Golanty, boasts over 20 years of expertise in entrepreneurship and marketing. Together, they founded Third to First aiming to tackle issues related to toxic workplace environments.
EPLI: The Problematic Protector
EPLI is a standard insurance policy many companies hold to protect against claims such as workplace accidents. However, as Barbara Zabawa, our host, discussed, EPLI often places the interests of employers at odds with the wellbeing of employees. In workplace harassment cases, EPLI casts employees who report harassment as adversaries, disincentivizing them from coming forward. This system unfortunately protects those creating the toxic environment rather than the victims.
From Third-Party to First-Party: A New Insurance Model
Third to First seeks to revolutionize this landscape. Their approach converts a third-party liability policy to a first-party reimbursement policy, empowering companies to support victims of harassment rather than shielding aggressors. This model activates after an internal investigation verifies a report of harassment, allowing support for the victim and accountability for the harasser.
The Implementation and Impact
The path to this change includes customizing policy endorsements and educating corporate HR, legal, and management teams about quick reporting. This proactive approach encourages early reporting of issues, creating a safer workplace culture. It's about eradicating the silent protection of aggressors and fostering an environment where victims can come forward without fear of retaliation.
Making a Difference
Despite structural challenges, Third to First is making headway. Whether driven by previous failings or a commitment to workplace equality, companies find value in this paradigm shift. Beyond legal protection, it symbolizes a stand for women’s rights in workplaces, notably impacting women of color.
Conclusion
Barbara Zabawa highlights how integral this change is for holistic wellness programs in workplaces. Integrating Third to First's endorsement could transform workplace environments from toxic to supportive.
For those interested in partnering or learning more, visit thirdtofirst.com. Let’s embrace this change and work towards healthier work environments.
Final Thoughts
Barbara ended with commendations for Kit and Lauren’s groundbreaking concept, inviting the wellness community to incorporate this transformative approach into their offerings. Let's move away from victim blaming and towards an equitable workplace that promotes well-being.