The cost of employment law insurance keeps going up. And it doesn't always work out the way you planned.
The 'peace of mind' you bought so expensively can leave you tangled in a contract you can't get out of.
Are you frustrated by the advice you get?
Or have you already given up and don't insure at all?
We don't want to name names, but we can tell by the language people use when they call if they have signed up with some of the big name insurers. They get sent back time and time again to take another step, and never get a chance to sort out the problem employee.
A friend refers them to us, and then we hear all about …
To make things worse, they are often on a long term contract with automatic renewals at more money each year.
Insurance companies pre-set claims levels (that's the proportion of claims that will be paid). A few years ago this was 60%.
Lately some companies have reduced this to 40%.
No wonder people are so angry when they call us.
Our clients simply pay us for the time they use. But if you are worried about the nightmare claim or the unexpected problem, there are really economical ways to insure. You don't have to spend thousands of pounds.
If you are a company Director, you can get low cost insurance, starting at £250 a year, that will cover you for the sort of thing that keeps you awake at night.
Click here for more information and to get a quote.
Insurers won't insure your active problems. If you are already unhappy with someone, you won't be able to include them in your policy.
Let's start by sorting that out.
“… incredibly quick to analyse the issue and the problem and presented me with a solution fit for a small business. Everything was transparent, with accurate recording of time spent. At the end of the day, the staffing issue I had was quickly and painlessly resolved. Other HR consultant I used suggested a more ‘corporate big company’ solution that I felt uncomfortable with, so all in all thank you.”
Elaine H, company director
"Great work … Thanks to your contract they dismissed him immediately knowing their insurer would back them for a tribunal.
Jason C, company director
Many of our clients are happy to work with us without insuring against legal fees. If you're happy, then so are we.
But we didn't want you to miss an opportunity to get some really low cost insurance if that is the way you'd like to work.
We founded Irenicon in 1980 to help employers make employment law work for them. We were always a mixed disciplinary practice – something quite revolutionary at the time. Over the years we have worked with some wonderful organisations, pushing the boundaries of how employment law can really be made to work without restricting the flow of the organisation.