No matter how carefully you run your business and follow best practices, you still face the risk of an employee, or former employee taking legal action against you. This has only been heightened by the recent decision by The Supreme Court in 2017 to rule that the government was acting unlawfully and unconstitutionally when it introduced employment tribunal fees back in 2013.
In the year to June 2013, employment tribunals received on average 15,000 cases per quarter*, and since the introduction of early conciliation in April 2014, the average number of cases notified to ACAS to June 2017 exceeds 20,000 per quarter**
To assist businesses, combat these risks, Qdos has introduced our Employment Protection Insurance (EPI) as an additional benefit to our support services. Unlike a normal Legal Expenses Insurance (LEI) policy our insurance, underwritten by UK General Insurance on behalf of Great Lakes Insurance SE, has the following benefits:
As a result of our enhancements it has more in common with an Employment Practices Liability (EPL) insurance than the standard LEI
You can now add EPI to your Qdos support package by contacting our team who will be happy to help you.
Please note that as with all insurances terms and conditions apply. Our team will be happy to discuss these with you.
* Source House of Commons briefing paper December 2017
** Source ACAS, Early Conciliation Quarterly Reports September 2017