Accidents & Incidents

It is estimated that over 80% of accidents can be attributed to, or in part to, the actions or omissions of people. HSE reports indicate that many accidents are blamed on the actions or omissions of an individual who was directly involved.

It is very easy within a business environment for management teams to ignore the fundamental failures that led to the accident. This can make it extremely difficult to identify potential issues with management, policies or procedures. Accidents may be attributed to human error but may also be classed as violations; where there has been a deliberate deviation from company policies and procedures."

The business climate lends itself towards expediency when detailed accident investigation and follow through, is required. This create a historical legacy which can be both difficult and time consuming to defend.

It is widely acknowledged and reported (HSE), that the potential for in-insured costs is between 8 and 36 times greater than the costs of insurance premiums.

Therefore, in considering the level of liability claims associated with accident costs, it is also important to include the greater potential in terms of underlying costs associated with the accident in the first instance, and the consequences of its impact on the operation.

At Due Diligence Solutions we can help you to implement a highly effective health & safety management system, and can demonstrate its commitment towards continuous improvement, through the annual ongoing reduction of reportable accidents using our PYRAMID® system.

An essential element is also to use accident data as a critical element of this process, from which to manage, and ultimately reduce, the value of liability claims paid out.

Management and process failings during the build up, when dealing with, or in the aftermath of the accident, contribute significantly to the potential for liability claims.

For further information about accident and incident reporting legislation, please click here.

Contact us online or call us on 0844 372 7300, if you would like further advice of help in this area.