Protect your business against accident and injury claims
Every business has a legal responsibility to look after the health and safety of its employees and customers. Meaning, if someone has an accident or injury, it could be argued that you, your company or someone employed by your company is at fault. You could find yourself liable to pay compensation.
The UK is experiencing an increasingly aggressive compensations culture with the ever popular ‘no win, no fee’ claims system, leading to a rise in the number of personal injury claims against small businesses.
If you are a business owner it is important that you are aware of your responsibilities and take the necessary steps to ensure that your company is protected against any personal injury compensation claims.
The law concerning liability is extremely complex, but there are three main areas of which every business owner should be aware:
- Employers Liability: Employees suffering a work related injury or illness may be able to sue for damages, with a maximum limit on the amount they may claim.
- Public Liability: This covers company liability where a business has the potential to affect third parties i.e. members of the public, visitors, trespassers, sub-contractors, etc. who may be physically injured or whose property may be damaged or both. It also covers members of the public who suffer an injury either on the premises or as a result of the actions of an employee.
- Product Liability: Relates to injuries received as a result of product failure or faulty product design or manufacture. Suppliers and retailers also have a legal responsibility to ensure the products they sell are safe.
Companies must consider all potential risk exposures when deciding whether liability insurance is needed, and if so, how much coverage is appropriate and cost-effective.
Reducing risk to minimize claims
The best way to reduce the risk of accident and injury within a company is to identify and remove the main areas of risk. Risk assessments should be carried out to identify potential issues, enabling you to reduce the risks of injury to staff and customers. If you can show your insurance company that you have a robust risk-management procedure, it could possibly lower your insurance premiums.
If you are unsure about which type of insurance your company needs and how much cover is required, talk to your insurers. Get it wrong and the consequences could be catastrophic!
How OfficeTeam can help
- Correctly signed premises,
- Installing cameras,
- Keeping accident books up to date, and
- Ensuring minders are used when floors are wet
These are just a few ways that OfficeTeam can assist by providing you with all the workplace items you need to implement and follow the correct procedures, ensuring your insurance policies are protected.
HSE.gov.uk provides free advice on managing the risks within your company.
Read more about our workplace services and view our catalogue online at FacilitiesSuppliesTeam.