Does anyone have any idea of much £ reduction might be expected in insurance premiums on successful completion of OHSAS18001 - putting together a business case and could do with some supporting information

Without wishing to be too cynical might I suggest that in round figures it will probably be zero.

Rodger Ker

Many pro's and many con's of having, running and maintaining in the wider field.
To specifically answer your question in regard to Insurance, I would suggest practically nothing - based on experience.

I agree with rodgerker as I have yet to hear of a situation where QA systems for H&S are any use with regards to insurance. However I have personal experience where 14000 has been beneficial for a company

It is important to remember that the purpose of (EL) insurance is to deliver compensation to the injured employee. Insurers rely on good systems etc but at the end of the day if there is any form of failure of the system and an employee is injured through the negiligence of employer compensation must be paid.

Thus the existence of the system per se is no guarantee that there will be no accidents. Hence discounting is tricky. On balance firms with good, robust, tried and tested systems inc 18001 should present a better risk but that may not be sufficient to reduce premiums.

Premiums are based on claims experieince. For large firms that means ones own claims history, but for smaller firms the calculations are based on group experience i.e. that of many other firms with the same or similar trade.

Phil