The current system of employers' liability compulsory insurance (ELCI) does not provide employees with timely compensation, according to an Aon survey.

The survey, part of Aon's submission to the Department for Work & Pensions' review of ELCI, found that only 21% of Aon's customers felt that the current system meets employees' needs.

In addition, only 27% of respondents felt that the current system provides value for money.

Aon's Corporate division's managing director Deborah Durkin said: "The overriding view from our survey of employers is that the current system of Employers' Liability Compulsory Insurance is not meeting the needs of either employers or employees.

"Following recent price increases, our customers are seeking regulation of pricing and supply and the consideration of a "no fault" system, to control legal costs."

Durkin added: "Aon's customers feel that the current system does not directly incentivise good health & safety practice or encourage the rehabilitation of injured employees. There is a clear opportunity here to strengthen the link between good practice and insurance costs and to provide, possibly, the only long-term solution - fewer injuries and diseases at work."

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