Thursday 20 February 2014

Employer Protect – now including Pursuit Cover

We recently launched our Employer Protect Scheme, which is designed to help employers manage all of their Employment Law and HR requirements in an affordable and effective way. We can provide advice on the basis of fixed monthly fees to allow you to set your budget, or if you prefer we can continue to provide ad hoc advice as and when required. The most important element of the scheme is flexibility.

A particular benefit of our scheme is that we offer insurance protection against legal fees and awards/settlements in the event of a Tribunal claim against you.  This is an optional extra.  We are pleased to announce that we can also now offer Pursuit Cover as part of any policy.

Many of our clients have employees working for them who are subject to post-termination restrictions. The aim of these restrictions is to protect the business when an employee leaves, for example to prevent the solicitation of clients.  However, they are notoriously expensive to enforce, and this often deters clients from enforcing what is necessary to protect their business.  The benefit of the Pursuit Cover is that it covers High Court costs in respect of enforcement of restrictions.

The Pursuit Cover is of course not compulsory within the insurance policy, but we feel it may be of great benefit to some of our clients.

For more information take a look at our Employer Protect leaflet here

No comments:

Post a Comment