Employment Dispute Insurance for Business Owners
Protect your Business from Unpredictability
Employment dispute insurance for business is essential in this uncertain world, as there is one thing we can predict with certainty – people are unpredictable!
Your most loyal and intelligent employees are not beyond surprising you, in good ways and bad. We cannot always imagine what they are experiencing or feeling. An employee may feel they’ve been discriminated against, victimised or unfairly dismissed even when there was no intention to do so. It can be a disappointing surprise when this escalates into an Employment Tribunal claim.
Whether you are at fault or not, you still need to defend the claim, which can be costly. Employment Dispute Insurance, though, is a fraction of that cost. Our Employment Dispute insurance avoids both the financial burden and the drain on your time and energy should a claim happen.
Without any form of employment insurance, what would your business do if a former or current employee decides to take you to court? Even if you hire an employment lawyer, the cost soon mounts up. And how do you decide which one to use?
Our Employment Dispute Insurance relieves you of these decisions and uncertainties, and provides you with excellent legal support. As our lawyers are fully tried, tested and experienced, you can be assured of intelligent and robust defence.
The past does not tell us the future
This is especially relevant to employment tribunals. Changes in law, our relationship with Europe, our attitudes, employee expectations and the economy all take us into a new, uncertain territory.
Events in recent years have highlighted the need for fairness and equality in conditions such as remuneration. Employees can bring an action against you for a pay inequality regardless of your intention. Progressive movements such as #MeToo and #BlackLivesMatter have rightly raised the bar and awareness to a higher level than ever.
A right to defence
If you do face an Employment Tribunal, rest assured that we defend you regardless of its success prospects. Many other insurance offerings include a ‘prospect of success’ clause, which means having to wait for confirmation that your claim passes the test for cover to apply. Ours doesn’t have that clause so that you don’t experience the unnecessary stress of waiting.
We shield your business from the stress and uncertainty of tribunals.
Benefits of protecting your business with Employment Dispute Insurance include:
- You’re covered for claims from former, existing and prospective employees
- With no ‘reasonable prospect of success’ clause, we defend you regardless of predicted outcome
- Protection against the following claims:
- Wrongful dismissal
- Termination of employment (actual or constructive)
- Employment related misrepresentation
- Unfair dismissal
- Unequal pay
- Unlawful deduction of wages
- Discrimination on the grounds of sex, pregnancy, disability, age, race or religion
- Sexual or other harassment or employment related humiliation
- Invasion of privacy
- Wrongful discipline
- Failure to adopt adequate employment or workplace policies
- Victimisation
- Wrongful deprivation of any career opportunity
- Support throughout the tribunal process from our professional claims team, all experienced in handling employment disputes
- Fast response when you need help
- No need to worry about the renewal date – leave that to us!
Major rise in tribunals
Since the abolition of tribunal fees in July 2017, courts have experienced a significant rise in Employment Tribunals. By March 2018, claims had increased by almost 90% since July 2017 according to data published by the Ministry of Justice.
Throughout 2019, as Employment Tribunal claims continued to increase, judicial resources were put under increasing strain. So, early in 2020, digital hearings were suggested. As the practicalities of online cases were being deliberated, COVID-19 happened, expediting the need for socially distanced hearings.
With new information constantly at our fingertips thanks to the Internet, employees are becoming increasingly savvy about their legal rights. And employment law guidelines are necessarily being updated faster than ever throughout the pandemic. However, the CIPD regularly updates advice, resources and guidance to support employers, helping you and your employees to work safely and reducing any possible tribunal claims.
HR can be an erratic aspect of business. You work hard at helping employees feel listened to with sensitivity. You offer guidance, mentoring and training, treat them fairly, yet things can still go wrong. People are unpredictable. They may feel unfairly dealt with over issues like shared parental leave, holiday pay or assumed victimisation.
Taking employers to tribunal is relatively easy. But shielding your business with Employment Dispute Insurance is even easier. And much cheaper than a tribunal. So do get in touch for a chat and a quote.
Talk to a member of our team to find out how affordable our Employment Dispute Insurance is for your business.
Need more details? Then get in touch. Let’s discuss how Custodian Insurance can help enhance your internal HR function. Our team welcomes the opportunity to explore the options with you and offer a quote.
