Employers Liability Insurance - In a compensation culture, who is liable?
Added: (Fri Sep 09 2005)
Pressbox (Press Release) -
Last month saw changes to the Health and Social Care Act which means that firms who have been proved negligent in the case of employee accidents in the workplace, could have the treatment costs recouped by the NHS.
The result of this could well be increases in Employer Liability insurance premiums at a time when more and more companies are looking to reduce costs. And with almost half (46%) of UK business owners and managers claiming they cannot afford an increase in liability premiums, the new law could put many firms out of business.
For companies in the North of England worried about the prospect of premium increases, help could however be at hand from another local company. Northern Counties have been providing insurance solutions to business in the North of England since 1928 and Mark Burdett of Northern Counties had this to say about the recent changes, “In the culture we now find ourselves in, the need for businesses to have the correct level of liability insurance is more important then ever. At Northern Counties we can understand why businesses are worried about the prospect of premium increases but would stress that this doesn’t necessarily have to be the case. What we offer clients is a full risk management package. This means we give meaningful advice aimed at reducing their risks and ensuring health and safety best practice. And due to the excellent relationships we have with clients and insurers, good health and safety measures are reflected in the rates we are able to offer.”
Mark went on to add, “Our aim is provide our clients with quality every step of way. This is from the advice we offer, the policies we sell and the cover we provide. At a time when businesses are looking to their service providers to provide them with value for money, our aim is to not just meet their needs, but to exceed them, way beyond the competition.,”
For further information on Northern Counties and to see how they can help your business, call 0191 482 1219 or visit www.northerncounties.net.
NOTE TO EDITORS
Northern Counties Guarantee Corporation Ltd is a Gateshead, Tyne & Wear based Insurance Brokers. Established in 1928, the company can provide all types of Business, Commercial and Personal lines Insurance. They also have an exclusive Motor Trade Insurance scheme with the World’s 3rd largest Insurer who has global assets of over $110 billion. The Northern Counties team consists of insurance experts with over 350 years (or half a million hours) of insurance experience between them. Northern Counties are members of the North East Chamber of Commerce and actively support the North East England campaign run by One North East to help promote the North East of England.
Northern Counties - The North East of England’s Local Insurance Provider
www.northerncounties.net
Telephone: 0191 420 1219