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Posted By Simon Carrier
Good day
I would like to find out if anyone or their employer has had any sort of insurance premium reduction as a result of them being CMIOSH. If possible please provide the name of the insurer.
regards
Simon
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Rank: Guest
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Posted By Ian H
Simon
I have worked with insurers and haven't come across a premium reduction for having a competent safety professional. I would imagine the reason being that you can have a CMIOSH person, but still have poor implementation of risk controls, due to the management of the business.
It is normally the actions of the organisation's management, supported by the safety professional that allows you to enter a premium negotiation. You have to prove that you have started to improve performance and you have clear actions plans going forward.
All the best
Ian
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Posted By Glyn Atkinson
Our insurers visit and audit on a regular basis, and the end of visit reports over a three year sustained period are finally helping with premiums - not perhaps going down, but staying on a level basis with proven improvements across all sites.
They can tell from those wonderful stats that accidents and injury claims have gone down, and that prescribed actions from their recommendations have been completed.
This in turn shows honest reporting and investigation of sites and better relationships for ongoing issues - blips in area performance on safety issues are not castigated, but properly dealt with through discussion and negotiation, not instant demands - a partnership not dictatorship.
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Posted By Bob Youel
I have come accross a reducion in premiums for a company I worked for when I installed best practice management systems
The situation =
A: I installed an environmental management system
B: I installed a H&S management system
Both of which were identical systems. However I did not interlink them as I had come accross the situation before
The insurers liked 'A'. However they were not really interested in 'B'
There was a reduction but their final comments only took environmental areas into consideration. Additionally they did not appear to recognise the competences of the installer apart from QA areas
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