Manufacturers' liability insurance costs on the rise

Average employers' liability insurance premiums for manufacturers increased by 23% over 2003/04, according to new research from EEF, the manufacturers' organisation.

The EEF notes that 'it also appears that the manufacturing sector is faring significantly worse than the all-industry average, which, according to the Association of British Insurers is in the order of 15%'.

  • Employers' Liability Insurance: EEF 2004 survey of insurance costs (PDF format)    Download the full text of the survey, based on responses from 794 EEF members, from the EEF website.

    Also

    Insurers ignore good employer safety performance  Manufacturing companies that improve their management of health and safety are not seeing any reduction in insurance premiums, according to the EEF. Chris Dyer reports in Health and Safety Bulletin.

    Sole traders to be exempt from liability insurance   HR & Compliance Centre reports.

    Rehabilitation is the key to employers' liability insurance   Measures to tackle the crisis in the employers' liability system are set to include proposals to link insurance costs to rehabilitation policies.

    Government heralds rehabilitation framework   The Minister for Work, Des Browne, has signalled a "step-change" in the UK's approach to getting people back to work after periods of sickness absence.

    Safe, not sorry: EL Insurance   Chris Dyer reviews the government's proposals for revamping the employers' liability insurance regime through the development of better health and safety management systems.

    Employers must foot more of the liability insurance bill   Workplace injury and illness costs the UK economy £18bn a year, yet the average British boss pays just £70 per employee in insurance to cover the annual cost of compensating staff injured at work, a TUC report has revealed .

    Employers' liability compulsory insurance   From HR & Compliance Centre's employment law reference manual.