ABI pleased that scope of government review of employers’ liability insurance will look at case for reform
The ABI (Association of British Insurers) has welcomed the scope of the Government’s review into Employers’ Liability insurance (EL) announced today by the Department for Work and Pensions.
John Parker, the ABI’s Head of General Insurance said:
“ We are delighted that the Government have recognised our concerns that there are underlying issues that need to be considered in the review of EL insurance. We recognise that the first stage of this review will look at whether there is a case for reform of the current system of workplace compensation. We believe that there is such a need.
In particular there is a need to explore the benefits and costs of no-fault compensation, and the practical implications of separating the funding of the compensation system for workplace accidents and occupational diseases. “
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Notes
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