There is considerable evidence, borne out by companies’ practical experiences, which effective safety and health management in the workplace contributes to business success. Accidents and ill-health inflict high costs, often hidden and underestimated.
Helping to manage risks effectively
Risk management companies work with companies to identify, analyse, monitor, mitigate and report risks. These companies employ risk analysts and managers that monitor how the company controls its risks and the financial resources they have to reduce risks.
Clear Insurance Ireland has and continues to use risk assessors for our clients’ needs and requirements, which generally comes at an additional cost to your insurance premiums. However, using a risk management company represents that you are risk-averse and can result in favourable premiums from insurers for large and complex risks even if you are unfortunate to have a series of claims.
Employers, managers and supervisors should all ensure that workplace practices reflect the risk assessments and safety statements. Behaviour, how everyone works, must reflect the safe working practices laid down in these documents.
Supervisory checks and audits should be carried out to determine how well the aims set down are being achieved. Corrective action should be taken when required. Additionally, if a workplace is provided for use by others, the safety statement must also set out the safe work practices relevant to them.
