The Department for Work and Pensions' long-awaited final report on the employers' liability (EL) crisis prompted mixed reactions.
Despite a general consensus that the report, published last week, …
The Department for Work and Pensions' long-awaited final report on the employers' liability (EL) crisis prompted mixed reactions. Despite a general consensus that the report, published last week, was "moving in the right direction" there was criticism that it had failed to go far enough.Among the key proposals is a plan to review the requirement on 300,000 of the smallest single-employer companies to have compulsory EL insurance. But the issue of rehabilitation in the EL system remains unresolved with another report due next summer.Airmic liability special interest group chair Peter Berring described the report as "disappointing", saying that it would do nothing to control the spiralling cost of EL insurance. Royal & SunAlliance technical insurances manager Phil Bell said that the proposals would bring improvements, but the key issue of the class's sustainability remained. Beachcroft Wansbroughs partner Philip Tracey said: "The report is moving in the right direction."
The DWP proposals to resolve EL crisis
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
