A Solicitors Guide to. Employment Protection Insurance

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "A Solicitors Guide to. Employment Protection Insurance"

Transcription

1 A Solicitors Guide to Employment Protection Insurance

2 An objective guide to Employment Protection Insurance and retainers Introduction Solicitors all over the country face the challenge of new forms of competition from quasi- legal competitors and before- the- event insurers who offer a cost- effective combination of legal advice and insurance indemnity. Their pitch is quite compelling we will hold your hand with advice when you need it and if there is a claim against you we will represent you and meet your legal costs including awards- and we will do all this for a low fixed monthly fee. These competitors operate from a lower cost base than most law firms and while some question the quality of their service that is purely a question of perspective and the fact is they are winning many SMEs to their cause. The long- term effect of this trend and it is already estimated that more than 1m UK businesses have BTE employment insurance in one form or another will be to deny solicitors work opportunity. There are two elements to providing these types of service- your retainer fee for legal advice and an employment review or Healthcheck and secondly the insurance indemnity itself. The two go hand in hand as unless an employer s systems are fit for purpose and the client follows competent advice, insurance against awards cannot be offered. In the following notes we will brief you on both employment retainers and insurance offerings but if you take nothing else from this paper we urge you to remember two key issues: 1.The benefit of a client having indemnity insurance is that it will flatten the risk to your firm of pricing an annual retainer incorrectly. 2. When one client calls you unexpectedly for simple advice it may be considered a nuisance when 100 clients call you regularly it s called a business! All of which means that to compete against non- law firms it is important to get the core service priced correctly and then use insurance cost- effectively to pay for post- ET representation and awards of compensation. Retainers There is no standard definition of a retainer or anything like a market wide understanding of how much to charge for them. Most retainers provide for an initial employment review without which the adviser cannot understand the contract wordings and employment procedure in place, this is sometimes done by telephone or more often, for relationship reasons, in situ. The extent to which a retainer provides documentation and drafting services varies from d- i- y templates to bespoke services. Most retainers provide unlimited telephone and advice for the period and almost all exclude TUPE and redundancy programmes as well as intellectual property issues (e.g. pursuit claims). These are then charged separately.

3 Insurance Employment insurance policies differ widely but the most important issue is who makes the judgment call on prospects of success we can make a strong case that if the insurer is sole arbiter then the policy is not worth the paper it is written on (as with many BTE policies) and that is because they have an inherent conflict of interest. If the advice and representation is provided by the insured s own chosen solicitor the policy is much more likely to fulfil expectations and pay up! The largest drivers of insurance cost are previous claims and the cost of representation, since 70% or more of the payments made by insurers will be for representation rather than the settlement. In order to provide representation on behalf of your client your firm will need to be pre- approved by the insurer and to enter into a claims handling agreement with agreed hourly charging rates. This is where you need to reflect on your choice of supplier. Many solicitor based insurance schemes are offered by Intermediaries who are tied to one insurer (unlike ourselves) and they will insist on minimum volumes of support and on exclusivity requiring you to use only them. We will stand or fall on our service and competitiveness and do not require such exclusivity and we will also allow you the flexibility to charge varying claims handling rates as appropriate to your own risk assessment of the client. Understanding where policy wordings usually differ: 1) Limit of indemnity. This is usually selected for each client and is the sum insured or the maximum that the insurer will pay for any one event. There is also an aggregate limit, in every policy and this represents the maximum sum an insurer will pay in total for any one year. When considering the appropriate limit to insurer (higher limits do cost a bit more, look at the profile of wages and consider the maximum likely award. 2) TUPE cover. This is often excluded from retainers and offered as an extension to an employment policy. In reality many clients may not require this cover and it is inappropriate for everyone to pay for it. For this reason we offer TUPE as an optional extension when requested. 3) Pursuit Cover is generally not covered by most standard policies. We consider such cover less of an employment dispute but more a contract breach and we feel this resonates better as a potential fee earning opportunity for solicitors 4) Excesses may apply to costs or awards, or both. Generally insurers expect the client to pay at least a 1000 excess in the event of an award against them as they like the client to feel a little pain for themselves. As standard, our policies have no excess on costs but carry a 1000 excess on awards. Excess s will vary from one insurer to another but we are able to offer substantial discounts for voluntary excesses, for example a client taking a 1000 all claims excess would benefit from a 17.5% premium discount. 5) Definition of an employment claim. The overwhelming majority of insurers determine an employment dispute claim trigger as being the point where an employer is in receipt of an ET1. Under our preferred policies we determine an employment dispute claim as being where the grievance procedure has been exhausted and there is no satisfactory outcome. Within our claims handling agreement, you as the clients solicitor are empowered to assess each claim or potential claim 6) Prospects of success The prospects of success clause is a widely used standard and is usually defined as 51% - i.e. that there is a better chance of winning than losing. It is not an ideal clause as the issue of who determines the prospects is crucial and of course they can change at any time- leading to arguments over costs to date or representation being denied by insurers. There is one policy which does not have this clause (see below) and while it costs a bit more it is much more forgiving and gives greater client satisfaction.

4 7) Restricted cover is where cover is only applied to (say) defence costs only or awards only. Clearly there is an increased exposure to an employer s balance sheet when policies exclude say, pre- hearing settlements. Many trade associations exclude awards of compensation. The extent of these restrictions can mean the prospect of a crippling award against a small business being uninsured. 8) Pre- existing issues/waiting periods Not surprisingly insurers do not want to be exploited by clients who take out insurance just to make a claim (a bit like insuring a house that is already on fire) so an exclusion of existing matters known at the time of application are standard and waiting periods of 60, 90 or 180 days for redundancy claims are common. It is possible to buy stand- alone cover for a planned redundancy programme (ask us about Redcap insurance) but it is relatively expensive. In order to ensure that a client changing insurers is not prejudiced by the creation of a gap in cover we have negotiated a waiver of the redundancy waiting period under many of our wordings. 9) Wages or Payroll. Definitions vary. Some answers require pension contributions and employee s N.I. to be included. As wages or payroll is the measure of exposure used by most employment insurers the wider definitions mean more expensive premiums. We define annual wages as payroll (gross wages, salaries, bonuses only). What we offer: dib insurance offers your clients a choice of employment indemnity policies: Essential Employment and our market leading TLC Absolute Employment. 1) Essential Employment: this type of cover is equivalent to a 'Market standard' in terms of cover and importantly is subject to a reasonable prospect of success clause. The policy will only provide indemnity if the claim has a better than 51% prospect of being successful. As we mentioned the reasonable prospects clause is market- wide and is usually shown in the policy wording of providers such as Peninsula, Mentor and many others. It causes particular problems when the definition is under the control of the insurer alone, or if new evidence emerges at any time. To better these competitors you need our Absolute policy. 2) TLC Absolute Employment: we think this policy is currently unique as employment claims are not subject to the reasonable prospects of success clause, meaning that claims can be paid even in those cases where the client may have failed to follow the correct procedure to the letter. We call it a much more forgiving wording. It is worth noting that both our Essential and Absolute covers include as standard two important additional extensions that differentiate them from the market: Compliance & Regulation provides indemnity for H&S defence or claims for the suspension, revocation or refusal to renew a statutory license or criminal prosecution. Employee Extra Protection, meaning managers are covered personally in civil proceedings brought under legislation for unlawful discrimination or defence of an employee as a trustee of the employer s pension fund. How we calculate insurance premiums: 1. The sum insured or limit of indemnity (LOI). The usual options are: 50, any one claim with an aggregate of 500, in any one year 100, any one claim with an aggregate of 1M in any one year As a general guide 100, LOI / aggregate 1M will cost 12.5% more than 50, /aggregate of 500,000.00

5 For the majority of SME s 50k 50, any one claim with an aggregate of 500, would usually be sufficient, however, we advise companies who employ staff with higher salaries (e.g. 30K or over) that they should take a higher limit of 100, Gross annual wage- roll but excluding employer NI contributions and staff benefits / or on headcount (FTE equivalent) for some of our schemes. 3. Type of cover required i.e. TLC Absolute or Essential Employment cover. Absolute costs about 1/3 more than Essential but is still very competitive against standard market offerings and is the basis that will usually give you an edge over competition. 4. Solicitor claims hourly charge out rate. Naturally, the higher the solicitors hourly charge- out rate the higher the cost of the premium will be since 70%+ of claims costs are for representation and this reflects itself in premiums a policy paying claims work at 200 per hour will cost twice as much as one paying 100 per hour. The majority of our policies are priced to a rate of 150 per hour. It is important to recognise that many HR competitors have a low cost base often working on to per hour. It is vital for solicitors who want to be competitive on tenders to recognise that employment insurance 'flattens' the risk of their retainer being under- priced since if the expected volume of work is exceeded, unexpected claims work will be paid by insurance. So policies offering lower charging rates e.g. 100 per hour are not at as unpalatable as it may at first seem. 5. Claims Experience. We offer No Claims Discounts where the client has been claim free for a number of years. Where an employer has had employment dispute in the previous 3 years we require a brief description of the dispute, date of incident, and the defence costs and awards incurred. 6. Cover extensions: Extensions such as TUPE / self employed contractors contingency risk / Temporary workers cover 7. Level of excess. Sizeable discounts can be offered for voluntary excesses. We hope you find these notes of interest and look forward to working with you. Brian Dunk Brian Dunk FCII MCIM Chartered Insurer T: E: W:

Family Select Legal Protection

Family Select Legal Protection Family Select Legal Protection It may be an employment matter, a dispute over goods that you purchase or sell, or you and your family may find yourself involved in legal areas which are governed by a minefield

More information

AND REDUNDANCY. Summary of the law on

AND REDUNDANCY. Summary of the law on Summary of the law on UNFAIR DISMISSAL AND REDUNDANCY Workers are protected under the Employment Rights Act 1996 from being sacked or chosen unfairly for redundancy. This booklet provides a basic outline

More information

GADSBY WICKS SOLICITORS FUNDING THE CLAIM

GADSBY WICKS SOLICITORS FUNDING THE CLAIM FUNDING THE CLAIM This is an important issue because we know that many people are understandably very worried about incurring legal costs. But there is no need to worry about costs. Because of changes

More information

A summary of the law on: Unfair Dismissal and Redundancy

A summary of the law on: Unfair Dismissal and Redundancy A summary of the law on: Unfair Dismissal and Redundancy Employees are protected under the Employment Rights (Northern Ireland) Order 1996 from being unfairly dismissed or chosen unfairly for redundancy.

More information

FAMILY CLASSIC LEGAL PROTECTION & ADVICE KEY FACTS BROCHURE

FAMILY CLASSIC LEGAL PROTECTION & ADVICE KEY FACTS BROCHURE FAMILY CLASSIC LEGAL PROTECTION & ADVICE KEY FACTS BROCHURE WHY YOU NEED DAS FAMILY CLASSIC STANDARD COVERS EMPLOYMENT COVER CONSUMER CONTRACT DISPUTES PERSONAL INJURY NEIGHBOUR PROBLEMS HM REVENUE & CUSTOMS

More information

LEGAL UPDATES AND FACTSHEETS

LEGAL UPDATES AND FACTSHEETS LEGAL UPDATES AND FACTSHEETS TRANSFER OF UNDERTAKINGS (TUPE) PREFACE: TUPE 1981: This factsheet looks at the law surrounding the transfer of undertakings, established by The Transfer of Undertakings (Protection

More information

Transfers of undertakings an introduction

Transfers of undertakings an introduction Transfers of undertakings an introduction January 2014 The law relating to transfers of undertakings is notoriously complex and is constantly developing. Inevitably, this account can only be an introduction,

More information

Directors and Officers Liability Insurance Guidance and Advice for Risk Managers

Directors and Officers Liability Insurance Guidance and Advice for Risk Managers Directors and Officers Liability Insurance Guidance and Advice for Risk Managers The insurance market has responded to recent corporate failures by requiring more information from organisations seeking

More information

Summary of the law on UNFAIR DISMISSAL AND REDUNDANCY

Summary of the law on UNFAIR DISMISSAL AND REDUNDANCY Summary of the law on UNFAIR DISMISSAL AND REDUNDANCY Workers are protected under the Employment Rights Act 1996 from being sacked or chosen unfairly for redundancy. All employees can bring a claim of

More information

TUPE POLICY AND PROCEDURE FOR SCHOOLS / ACADEMIES

TUPE POLICY AND PROCEDURE FOR SCHOOLS / ACADEMIES BRINKWORTH EARL DANBY S CE PRIMARY SCHOOL Serving the communities of Brinkworth and Dauntsey VISION Believe to Achieve! To provide a secure, happy and stimulating learning environment in which EVERYONE

More information

Legal Expense Insurance FAQ for IFB Member Agents

Legal Expense Insurance FAQ for IFB Member Agents Legal Expense Insurance FAQ What is Legal Expense Insurance (LEI)? Legal Expense Insurance (LEI) is an insurance product provided by DAS Canada that protects individuals in case of unforeseen legal events

More information

A Guide to Settlement Agreements

A Guide to Settlement Agreements A Guide to Settlement Agreements Please contact us to discuss your Settlement Agreement in more detail. Whether you are an Employer or an Employee we shall be delighted to help with your Settlement Agreement.

More information

Assessing and purchasing the appropriate level of cover: a guide to top-up or excess layer insurance:

Assessing and purchasing the appropriate level of cover: a guide to top-up or excess layer insurance: Assessing and purchasing the appropriate level of cover: a guide to top-up or excess layer insurance: July 2015 2015 The Law Society. All rights reserved. Contents Introduction... 3 Status of this guide...

More information

GUIDE TO FUNDING YOUR MEDICAL NEGLIGENCE CLAIM

GUIDE TO FUNDING YOUR MEDICAL NEGLIGENCE CLAIM GUIDE TO FUNDING YOUR MEDICAL NEGLIGENCE CLAIM Because of the expert knowledge and depth of investigation required in order to bring a successful claim, negligence litigation can be expensive. Understandably,

More information

Employment Solutions. from

Employment Solutions. from Employment Solutions from Employment Solutions Employment Solutions from Gaby Hardwicke provides an affordable service to businesses of all sizes. It is tailored to meet their employment law needs whether

More information

THE GAPS IN YOUR CLIENT S COMMERCIAL TRANSPORTATION INSURANCE PORTFOLIO

THE GAPS IN YOUR CLIENT S COMMERCIAL TRANSPORTATION INSURANCE PORTFOLIO DAStransport FILLING THE GAPS IN YOUR CLIENT S COMMERCIAL TRANSPORTATION INSURANCE PORTFOLIO IMPORTANT NOTE: This document is a discussion guide to provide a general comparison between DAStransport and

More information

A guide to your Annual Benefit Statement 2015

A guide to your Annual Benefit Statement 2015 A guide to your Annual Benefit Statement 2015 Contents Page 03 Page 04 Page 05 Page 06 Page 07 Page 08 Page 09 Page 1 0 Page 1 1 Page 1 2 Page 1 3 What is your Annual Benefit Statement? Personal details

More information

MAYFIELD SCHOOL. Author: Torbay Human Resources [April 2011] Renewed 9 th November 2015

MAYFIELD SCHOOL. Author: Torbay Human Resources [April 2011] Renewed 9 th November 2015 MAYFIELD SCHOOL Policy: TUPE Guidelines for Managers Author: Torbay Human Resources [April 2011] Governors Committee: Leadership Date adopted: 23 rd May 2011 Renewed 9 th November 2015 Next review: Autumn

More information

Your Professional Indemnity Solution.

Your Professional Indemnity Solution. Pinsure Your Professional Indemnity Solution. 18 Henfield Business Park, Shoreham Road, Henfield, West Sussex, BN5 9SL Tel. 01273 494914 ~ Fax. 01273 494964 Email: pinsure@pinsure.co.uk Web: www.pinsure.co.uk

More information

CASEFORM UNISON. Revised April 2014 FOR REGIONAL OFFICE USE ONLY

CASEFORM UNISON. Revised April 2014 FOR REGIONAL OFFICE USE ONLY CASEFORM FOR MEMBERS representatives BRANCHES & REGIONS Revised April 2014 UNISON FOR REGIONAL OFFICE USE ONLY A Conditions for providing assistance 1. UNISON seeks to ensure that members are provided

More information

Thompson Jenner LLP Last revised April 2013 Standard Terms of Business

Thompson Jenner LLP Last revised April 2013 Standard Terms of Business The following standard terms of business apply to all engagements accepted by Thompson Jenner LLP. All work carried out is subject to these terms except where changes are expressly agreed in writing. 1

More information

Management Liability Policy

Management Liability Policy TOTAL HEALTHCARE PROFESSIONALS Management Liability Policy Protecting you and your practice from risk Exclusive cover and advice to reduce your risks The Total Healthcare Professionals Management Liability

More information

HOLIDAY PAY RISK/LIABILITY ASSESSMENT

HOLIDAY PAY RISK/LIABILITY ASSESSMENT HOLIDAY PAY RISK/LIABILITY ASSESSMENT What s the issue? 1 This is an updated briefing following the issue of the judgment in Bear Scotland Ltd & Ors v Fulton and Ors on 4 November 2014. The legal background

More information

Operating Guide For Contractors

Operating Guide For Contractors Operating Guide For Contractors 30 New Road Brighton BN1 1BN Tel: (01273) 324163 Fax: (01273) 323983 Email: rogerm@hsc.uk.net Website: www.hsc.uk.net Operating Guide for Contractors Introduction This guide

More information

Automatic enrolment: guidance on certifying money purchase pension schemes

Automatic enrolment: guidance on certifying money purchase pension schemes Automatic enrolment: guidance on certifying money purchase pension schemes April 2014 Contents 1. Background...4 1.1 Automatic enrolment: the employer duty...4 2. Purpose of this guidance...5 2.1 Relevant

More information

SCHEDULE 5 INSURANCE TABLE OF CONTENTS 1. INSURANCE REQUIREMENTS... 1

SCHEDULE 5 INSURANCE TABLE OF CONTENTS 1. INSURANCE REQUIREMENTS... 1 SCHEDULE 5 INSURANCE TABLE OF CONTENTS 1. INSURANCE REQUIREMENTS... 1 1.1 Project Specific Construction Period Insurance... 1 1.2 Additional Construction Period Insurance... 1 1.3 Operating Period Insurance

More information

Settlement Agreements

Settlement Agreements We re Leigh Day and we believe everyone has the right to justice and for their voice to be heard Settlement Agreements Practical tips and points to consider when negotiating terms Top claimant firm Leigh

More information

Your settlement agreement - the key issues

Your settlement agreement - the key issues www.settlement-agreement.org Your rights Settlement agreements are agreements governed by employment law statutes applicable in the UK. The legal system is designed to protect you from signing away valuable

More information

CIVIL LITIGATION ASSISTANCE SCHEME CONDITIONS OF ASSISTANCE

CIVIL LITIGATION ASSISTANCE SCHEME CONDITIONS OF ASSISTANCE APPLICATION CIVIL LITIGATION ASSISTANCE SCHEME CONDITIONS OF ASSISTANCE 1. Applications for funding under the Civil Litigation Assistance Scheme can only be submitted through a private legal practitioner

More information

CFC CFC GLOBAL UMBRELLA WELCOME GUIDE. SETUP PROCESS 03 Steps 1-4 and Agency Update 04 Setting Up with Agencies. CONTACT 21 Contact CFCG

CFC CFC GLOBAL UMBRELLA WELCOME GUIDE. SETUP PROCESS 03 Steps 1-4 and Agency Update 04 Setting Up with Agencies. CONTACT 21 Contact CFCG CFC CFC Global LLP CFC GLOBAL UMBRELLA WELCOME GUIDE 01 UMBRELLA SERVICES EXPENSES EXPLAINED Expenses Explained CFCG Referral Details and Form to 19 1-46 21 CONTACT 21 Contact CFCG WELCOME! As a contractor

More information

Employment law solicitors

Employment law solicitors Employment law solicitors At Millbank solicitors we are dedicated to providing prompt and practical employment advice to both employers and employees. Our expert lawyers appreciate and understand the ever

More information

Direct Payments Becoming an Employer Guide

Direct Payments Becoming an Employer Guide Direct Payments Becoming an Employer Guide Becoming an Employer (April 2015) Page 1 of 13 Contents 1. Introduction 1.1. Getting the right advice and help 1.2. Employer responsibility 2. General: Becoming

More information

0116 255-0-255 Or email enquiry@compromiseagreementfast.com. An Employee s Guide to Compromise Agreements. Free ebook

0116 255-0-255 Or email enquiry@compromiseagreementfast.com. An Employee s Guide to Compromise Agreements. Free ebook An Employee s Guide to Compromise Agreements Free ebook Fast Turnaround Of Your Agreement Usually No Cost At All To The Employee Different Packages Available Freephone For Immediate Attention www.compromiseagreementfast.com

More information

As t o n s So l i c i t o r s

As t o n s So l i c i t o r s As t o n s So l i c i t o r s Employment Law Specialists Safeguarding your business is our business Our comprehensive scheme provides your business with:- n An audit and update of your employment contracts,

More information

Motor Legal Expenses Policy Wording

Motor Legal Expenses Policy Wording 3478676865245-0000000 34545323455index,134545323456 34545323455persist,false34545323456 34545323455output_folder,/strata/clients/ukais/live/v53/exports 34545323455document_name,PREVIEW34545323456 34545323455printfile_path,/strata/clients/ukais/live/v53/exports/PREVIEW.ps34545323456

More information

Management liability - Employment practices liability Policy wording

Management liability - Employment practices liability Policy wording Special definitions for this section Benefits Claim Defence costs The General terms and conditions and the following terms and conditions all apply to this section. Any compensation awarded to an employee

More information

Touchstone Underwriting PROPERTY POLICY SUMMARY Commercial Legal Expenses Insurance

Touchstone Underwriting PROPERTY POLICY SUMMARY Commercial Legal Expenses Insurance Touchstone Underwriting PROPERTY POLICY SUMMARY Commercial Legal Expenses Insurance The purpose of this Policy Summary is to help you understand the insurance by setting out the significant features, benefits,

More information

Conditional Fee Agreement: What You Need to Know

Conditional Fee Agreement: What You Need to Know Conditional Fee Agreement: What You Need to Know This document forms an important part of your agreement with us. Please read it carefully. Definitions of words used in this document and the accompanying

More information

Your Quick Guide to Settlement Agreements

Your Quick Guide to Settlement Agreements EMPLOYMENT EMPLOYMENTSERVICES SERVICES Your Quick Guide to Settlement Agreements Stuart Snelson Partner & Head of Employment ssnelson@geoffreyleaver.com 01908 689318 Paula Stuart Partner pstuart@geoffreyleaver.com

More information

TUPE. Due. Diligence. suitable. This Due. levels of NCVO. it should

TUPE. Due. Diligence. suitable. This Due. levels of NCVO. it should TUPE Due Diligence Checklist August 2012, NCVO http://www.ncvo-vol.org.uk/psd/commissioning/tupe This Due Diligence checklist is for use by voluntary, community and social enterprise organisations conducting

More information

BUSINESS IT S OUR TO LOOK AFTER YOUR BUSINESS. BUSINESS INSURANCE

BUSINESS IT S OUR TO LOOK AFTER YOUR BUSINESS. BUSINESS INSURANCE BUSINESS IT S OUR BUSINESS TO LOOK AFTER YOUR BUSINESS. 6830 11/13 Claims are dealt with on a case by case basis and are subject to the terms and conditions of the policy wording. For full details please

More information

METLIFE Group Life (INCLUDING FLEXIBLE BENEFITS) Technical Guide

METLIFE Group Life (INCLUDING FLEXIBLE BENEFITS) Technical Guide METLIFE Group Life (INCLUDING FLEXIBLE BENEFITS) Technical Guide 1 MetLife Group Life Policies Technical Guide MetLife has a range of policies aimed to meet your life cover needs in respect of your employees

More information

GUIDE TO EMPLOYMENT LAW IN GUERNSEY

GUIDE TO EMPLOYMENT LAW IN GUERNSEY GUIDE TO EMPLOYMENT LAW IN GUERNSEY CONTENTS PREFACE 1 1. Written Statement of Terms and Conditions 2 2. Written Statement of Pay and Deductions 3 3. Written Statement of Reasons for a Dismissal 3 4. Minimum

More information

The UK s original and leading nanny payroll specialist

The UK s original and leading nanny payroll specialist patient and supremely Friendly, The UK s original and leading nanny payroll specialist Welcome to Nannytax Nanny employers are subject to the same legal obligations as any time and is in any case a considerable

More information

Charity. Charity Volunteers. A best practice guide

Charity. Charity Volunteers. A best practice guide Charity Charity Volunteers A best practice guide 1 Charity Volunteers Charity Most charities rely heavily on volunteers so charities do need to be aware of the legal position of volunteers and review regularly

More information

pension benefits for new employees

pension benefits for new employees February 2013 pension benefits for new employees University of Newcastle upon Tyne Retirement Benefits Plan Saving for your future with help from the University At Newcastle University, we are committed

More information

Risk in Construction

Risk in Construction Risk in Construction Market Research prepared for June 2014 In association with the Chartered Institution of Civil Engineering Surveyors, The Institution of Civil Engineers and the UK s leading Design

More information

8 May 2014. South London CIPD Employment Law Update

8 May 2014. South London CIPD Employment Law Update 8 May 2014 South London CIPD Employment Law Update Settling Employment Claims The Options Contractual claims No required format Statutory claims Agreed through Acas Settlement agreement in required format

More information

COMPENSATION UPON TERMINATION OF APPOINTMENTS OF DIRECTORS AND SENIOR EXECUTIVES

COMPENSATION UPON TERMINATION OF APPOINTMENTS OF DIRECTORS AND SENIOR EXECUTIVES COMPENSATION UPON TERMINATION OF APPOINTMENTS OF DIRECTORS AND SENIOR EXECUTIVES DIRECTORS ADVISORY SERVICE FACTSHEET These Guidance Notes provide an outline of the relevant provisions, but they are not

More information

Property Let. Legal Protection Scheme Key Facts. Standard cover + Rent Arrears

Property Let. Legal Protection Scheme Key Facts. Standard cover + Rent Arrears Property Let Legal Protection Scheme Key Facts Standard cover + Rent Arrears Why you need Property Let Cover Repossession Property damage Eviction of squatters Rent recovery Rent arrears Legal defence

More information

Employment & HR Support Package

Employment & HR Support Package Employment & HR Support Package Managing your people effectively will help your business succeed. Employment Law can be a headache and many businesses do not have the internal resources, skills or knowledge

More information

TUPE - The Latest. special reports

TUPE - The Latest. special reports What if employees don t want to transfer? An employee has the fundamental freedom to choose their employer. Therefore, on notification of the proposed transfer, an employee has the right not to transfer

More information

Aberystwyth University SALARY EXCHANGE FOR PENSION

Aberystwyth University SALARY EXCHANGE FOR PENSION Aberystwyth University SALARY EXCHANGE FOR PENSION This information pack gives details of Salary Exchange for pension, the arrangement by Aberystwyth University. It provides an opportunity for the majority

More information

So Your Client Wants to be an Additional Insured

So Your Client Wants to be an Additional Insured So Your Client Wants to be an Additional Insured Insurance provisions are of prominent importance to most clients when negotiating contracts with designers, contractors and other parties working on their

More information

COMPROMISE AGREEMENT

COMPROMISE AGREEMENT Without Prejudice and Subject to Contract COMPROMISE AGREEMENT THIS AGREEMENT is dated xxxx AND IS MADE BETWEEN: SOAS, University of London whose premises are at Thornhaugh Street, Russell Square, London

More information

Newsletter No. 194 (EN) Directors and Officers (D&O) Liability Insurance in Hong Kong

Newsletter No. 194 (EN) Directors and Officers (D&O) Liability Insurance in Hong Kong Newsletter No. 194 (EN) Directors and Officers (D&O) Liability Insurance in Hong Kong December 2015 All r ig ht s r e ser ved Lo r e nz & P art ner s 2015 Although Lorenz & Partners always pays great attention

More information

Loan Car Legal Cover Terms and Conditions

Loan Car Legal Cover Terms and Conditions Loan Car Legal Cover Terms and Conditions As a Loan Car Driver, you also benefit from legal expenses cover. Legal expenses cover pays the legal costs and expenses of any legal proceedings to recover uninsured

More information

Managing your professional risks with insurance

Managing your professional risks with insurance Managing your professional risks with insurance A guide for CPA Australia Public Practice Certificate holders As professionals and business people you are subjected to many risks. The risks you can eliminate

More information

LEGAL SCHEME REGULATIONS

LEGAL SCHEME REGULATIONS LEGAL SCHEME REGULATIONS These Regulations came into force on 1 July 2014. 1 Introduction 1.1 These Regulations govern the Union s legal Scheme. The Rules of the Union set out your other rights and entitlements.

More information

Professional Indemnity Insurance Specialist Supplier Presentation

Professional Indemnity Insurance Specialist Supplier Presentation Bespoke Ready-Mix insurance Professional Indemnity Insurance Specialist Supplier Presentation EXCLUSIVE FOR MEMBERS OF THE SOUTHERN AFRICAN READY MIX ASSOCIATION ("SARMA") So what is a Professional Indemnity

More information

Commercial leases and insurance claims

Commercial leases and insurance claims Commercial leases and insurance claims by the CILA Property Special Interest Group 31st May 2016 Introduction This paper is intended as a guidance document to understanding commercial leases, particularly

More information

Making a complaint Information Guide

Making a complaint Information Guide Making a complaint Information Guide This guidance is to assist disabled people and / or their family members who feel they may have received a less favourable service (discrimination) due to their disability.

More information

TUPE 2006 Detailed Analysis

TUPE 2006 Detailed Analysis that activity is central or ancillary. Under existing case law this can include an organised group of one person! TUPE 2006 Detailed Analysis The TUPE 2006 Regulations completely replace the 1981 Regulations

More information

THE BEGINNERS GUIDE TO IR35

THE BEGINNERS GUIDE TO IR35 TO CONTENTS Introduction - What is? Chapter 1 - Know your status Chapter 2 - The cost of non compliance Chapter 3 - Selecting your operating structure Chapter 4 - Investigations Using this guide You can

More information

An insurance package suitable for small to medium sized businesses in the construction industry with a:-

An insurance package suitable for small to medium sized businesses in the construction industry with a:- Contractors Choice Summary of Cover An insurance package suitable for small to medium sized businesses in the construction industry with a:- Turnover up to 1.5m at new business and 2m at renewal Maximum

More information

Employment law changes for 2014 what do they mean for your business?

Employment law changes for 2014 what do they mean for your business? Employment law changes for 2014 what do they mean for your business? Employment law has constantly changed and evolved over the last number of years. This year marks a number of further changes including

More information

DIRECTORS & OFFICERS LIABILITY INSURANCE

DIRECTORS & OFFICERS LIABILITY INSURANCE DIRECTORS & OFFICERS LIABILITY INSURANCE WHAT D&O INSURANCE DOES: Protects the personal assets of a company s directors and officers from potential unlimited liability; Protects the company s assets; Provides

More information

SPECIALIST HEALTH AND SOCIAL CARE SOLICITORS. QualitySolicitors Burroughs Day

SPECIALIST HEALTH AND SOCIAL CARE SOLICITORS. QualitySolicitors Burroughs Day SPECIALIST HEALTH AND SOCIAL CARE SOLICITORS QualitySolicitors Burroughs Day Specialist Health and Social Care Solicitors Our specialist Health & Social Care Team has built a strong reputation for advising

More information

RESOLVING DISPUTES AT WORK: New procedures for discipline and grievances A GUIDE FOR EMPLOYEES

RESOLVING DISPUTES AT WORK: New procedures for discipline and grievances A GUIDE FOR EMPLOYEES RESOLVING DISPUTES AT WORK: New procedures for discipline and grievances A GUIDE FOR EMPLOYEES This guide tells you about new rights and procedures you must follow if you have a grievance in work are facing

More information

SCOTLAND BROKER ACADEMY 2008 PROGRAMME

SCOTLAND BROKER ACADEMY 2008 PROGRAMME SCOTLAND BROKER ACADEMY 2008 PROGRAMME 1 Technical Insurance Business Interruption Insurance Commercial Property Insurance Contractors Insurance Level Date Venue Cost per delegate Page No. Advanced 05

More information

Trustee indemnity insurance

Trustee indemnity insurance This information sheet provides guidance and advice for village halls and similar community buildings and how to manage their employees and volunteers Last updated September 2013 Contents Contents Page

More information

Conditional Fee Agreement: What You Need to Know

Conditional Fee Agreement: What You Need to Know Conditional Fee Agreement: What You Need to Know This document forms an important part of your agreement with us. Please read it carefully. Definitions of words used in this document and the accompanying

More information

Work Injury Compensation Insurance (Contract)

Work Injury Compensation Insurance (Contract) Work Injury Compensation Insurance (Contract) Policy Wordings Please read this insurance Policy carefully to ensure that you understand the terms and conditions and that this Policy meets your requirements.

More information

Know. Your. Rights. Understanding. grievances. www.worksmart.org.uk. and disciplinaries

Know. Your. Rights. Understanding. grievances. www.worksmart.org.uk. and disciplinaries Understanding Know Your Rights www.worksmart.org.uk grievances and disciplinaries Introduction Whatever job you do, you can run into problems at work. Sometimes these can be sorted out quickly by informal

More information

DIRECTORS & OFFICERS LIABILITY INSURANCE

DIRECTORS & OFFICERS LIABILITY INSURANCE DIRECTORS & OFFICERS ESSENTIAL BUSINESS INSURANCE COVER POLICY RISK FACT introducing FirstUnited FirstUnited is a leading insurance intermediary group operating in Malta and under Freedom of Services throughout

More information

Personal Service Companies. Guidance Note GN 50

Personal Service Companies. Guidance Note GN 50 Personal Service Companies Guidance Note GN 50 Issued by the Income Tax Division 20 March 2014 PLEASE NOTE: This guidance has no binding force and does not affect your right of appeal on points concerning

More information

Finding and choosing a mediator

Finding and choosing a mediator Finding and choosing a mediator Thinking about mediation? This leaflet is for you if you ve heard about mediation and you re interested in trying it to resolve a dispute you are involved in. Or perhaps

More information

in the Northern Territory

in the Northern Territory 23 JUNE 2011 WORKERS COMPENSATION BEST PRACTICE GUIDELINES for APPROVED INSURERS and SELF INSURERS in the Northern Territory Workers Compensation NT WorkSafe is the administrative arm of the Work Health

More information

Personal Directors and Officers Liability Insurance

Personal Directors and Officers Liability Insurance If you can keep your head when all about you are losing theirs and blaming it on you. If you can trust yourself when the board doubt you but make allowance for their doubting too. If you can bear to hear

More information

Your survival kit includes: DIY Contract Review. Key Facts. The Dreaded HMRC Letter. Liability Checker. Step-by-Step IR35 Enquiry.

Your survival kit includes: DIY Contract Review. Key Facts. The Dreaded HMRC Letter. Liability Checker. Step-by-Step IR35 Enquiry. IR35 Survival Kit Since it was introduced, IR35 has been a thorn in the side of contractors, causing concern and confusion in an ever expanding industry. There are countless misconceptions and misinterpretations

More information

Briefing Note: Employment Status

Briefing Note: Employment Status An Introduction to the Briefing Note This Briefing Note explains the significance of the distinction between an employee, a worker and a self-employed contractor. It also sets out the factors that will

More information

BUSINESS INTERRUPTION

BUSINESS INTERRUPTION B u s i n e s s I n t erruption Calculation Guide 1. G R O S S P R O F I T - D I F F E R E N C E M E T H O D Gross Profit is defined as the amount by which the sum of - a) the turnover and the amount of

More information

COMMERCIAL LEGAL PROTECTION BUSINESS LEGAL PROTECTION & ADVICE POLICY SUMMARY BROCHURE

COMMERCIAL LEGAL PROTECTION BUSINESS LEGAL PROTECTION & ADVICE POLICY SUMMARY BROCHURE COMMERCIAL LEGAL PROTECTION BUSINESS LEGAL PROTECTION & ADVICE POLICY SUMMARY BROCHURE WHY YOUR COMPANY NEEDS IT INTRODUCTION The cost of defending your company s legal rights is increasing, with few companies

More information

Commercial legal protection Policy wording

Commercial legal protection Policy wording How can DAS help Send your claim to When DAS cannot help Cover DAS Legal Expenses Insurance Company Limited (DAS) is the underwriter and provides the legal protection insurance under your policy. The legal

More information

Member guide. Legal. FSB Legal Advice Line 08450 727 727. Member guide. FSB Legal protection scheme

Member guide. Legal. FSB Legal Advice Line 08450 727 727. Member guide. FSB Legal protection scheme Member guide Legal FSB Legal Advice Line 08450 727 727 Member guide FSB Legal protection scheme FSB Legal Protection Insurance As a current member you are protected by Legal Protection Insurance. The insurance

More information

Employment Law Guide

Employment Law Guide Employment Law Guide Settlement Agreements (Formally known as Compromise Agreements) See the separate guide. Unfair Dismissal Length of employment Employees can only bring a claim for ordinary unfair dismissal

More information

Residential Loan Agreement. General Terms and Conditions

Residential Loan Agreement. General Terms and Conditions Residential Loan Agreement General Terms and Conditions Effective Date: 1 July 2014 IMPORTANT NOTE This document does not contain all the terms of your loan agreement or all of the information we are required

More information

Terms and conditions

Terms and conditions Terms and conditions The Financial Conduct Authority is the independent watchdog that regulates financial services. Contained in this document is information which the Financial Conduct Authority requires

More information

HR/Employment Law Consultancy Services. Your Service, Your Way

HR/Employment Law Consultancy Services. Your Service, Your Way HR/Employment Law Consultancy Services Your Service, Your Way About Abbey Abbey HR Consultancy Services is a trading division of LHS Solicitors LLP. LHS Solicitors LLP is regulated by the Solicitors Regulation

More information

LEGAL SUPPORT FOR YOUR BUSINESS

LEGAL SUPPORT FOR YOUR BUSINESS LEGAL SUPPORT FOR YOUR BUSINESS QualitySolicitors Burroughs Day QSBD have taken time to understand our organisation and the way we operate. The relationship we ve developed with them has proven to be invaluable.

More information

Transfer of undertakings. Business owner/ manager briefing

Transfer of undertakings. Business owner/ manager briefing Transfer of undertakings Business owner/ manager briefing 02 Transfer of undertakings: Business owner / manager briefing Transfer of undertakings: manager / business owner briefing on handling TUPE transfers

More information

Professional Indemnity Insurance Specialist Supplier Policy

Professional Indemnity Insurance Specialist Supplier Policy We are cemented by trust Professional Indemnity Insurance Specialist Supplier Policy EXCLUSIVELY FOR MEMBERS OF THE SOUTHERN AFRICAN READY MIX ASSOCIATION ( SARMA ). Suretimes Insurance Administrators

More information

Tipsheet 7 Insurance Clauses Named Insured vs Interested Party

Tipsheet 7 Insurance Clauses Named Insured vs Interested Party Tipsheet 7 Insurance Clauses Named Insured vs Interested Party Client version Updated September 2010 Named insured, interested party or noted on the policy - What are the differences? What is the impact

More information

Independent consumer guide to motor insurance

Independent consumer guide to motor insurance Independent consumer guide to motor insurance Who we are and what we do We regulate financial services firms in Ireland including banks, building societies, insurance companies, brokers, moneylenders,

More information

Civil legal aid information for applicants

Civil legal aid information for applicants Civil legal aid information for applicants This leaflet covers both civil legal aid and advice and assistance Solicitors you must give this leaflet to clients before they complete a financial eligibility

More information

www.landaulaw.co.uk 020 7100 5256

www.landaulaw.co.uk 020 7100 5256 Philip Landau Employment lawyer at Landau Law Solicitors Tax and tax indemnity The general guideline is that first 30k of the severance payment can be free from deductions of tax and NI where the settlement

More information

In association with: HGV Legal Services. Stop the clock. 24 hour legal cover for a fixed annual fee

In association with: HGV Legal Services. Stop the clock. 24 hour legal cover for a fixed annual fee In association with: HGV Legal Services Stop the clock. 24 hour legal cover for a fixed annual fee Time may not be on your side but we are What is it? provides the future of legal advice through 24/7 guidance

More information

Dealing with disputes at work

Dealing with disputes at work Factsheet 70 November 2013 About this factsheet This factsheet is aimed at older people who are in work and covers information on dealing with a dispute with an employer, including taking legal action.

More information

My Legal Expenses Cover...

My Legal Expenses Cover... My Legal Expenses Cover... Motor Legal Expenses Welcome Thank you for insuring with 1 ST CENTRAL. We are delighted to welcome you as a valued client. Please take time to read your policy and contact us

More information

Factsheet. Professional Indemnity Insurance. AAT is a registered charity. No. 1050724

Factsheet. Professional Indemnity Insurance. AAT is a registered charity. No. 1050724 Factsheet Professional Indemnity Insurance AAT is a registered charity. No. 1050724 Disclaimer Although all reasonable care have been taken to ensure that the content of this factsheet is accurate and

More information