Risk Management for Care Homes
InsurewithCare are pleased to be able to offer an in-house risk management service designed to partner our specialist Care Home Insurance
Risk management is, at worst, a cost neutral exercise, meaning that any investment that you make now should see a return in the future. Research has shown that businesses can save up to £12 for every £1 invested in health and safety.
Typical returns that can be seen are:
- Reduced losses, or serious occurrences, leading to
- Reduced insurance spend
- A reduction in management time in dealing with incidents
- Reduced fines
- Reduced sick pay
- Improved productivity
- Less need for capital investment through planned maintenance programmes
In the year to March 2016, prosecutions against company directors increased over 300% over the previous year. Between February and August 2016 fines by the HSE totalled 20.6 million – again a significant increase over the previous year’s figure of £14.4 million.
As well as the common sense financial arguments, there are clearly legal obligations on employers to ensure the safety and welfare of their employees, as well as anyone else that is affected by their operations.
Insure with Care’s services can be tailored to fit with what you need, rather than an off the shelf system. We offer:
On Site Audit
This is the most popular option where this has been discussed with our clients. This involves a visit to your site and conducting a property and liability survey, checking health and safety paperwork is in order and providing you with a full management report. This report details any areas of non-compliance, as well as what you should consider in order to meet with best-practice.
Competent Person Service
The Management of Health and Safety at Work Regulations 1999 require every employer to have at least one competent person and you can appoint external assistance under Regulation 7, if this is beneficial. You should decide whether you feel you have enough competency in-house based upon whether you have all the relevant skills, knowledge, experience, and training. Insure with Care can lead your health and safety management team, or complement it, in order to ensure you have the right skills and emphasis in place.
Many organisations feel that they are both low risk and have done a good job of ensuring that everything is in place as it should be. Where this is the case, we offer a service that checks documentation and provides commentary whether improvements may be possible.
All our services are provided by an in-house NEBOSH qualified consultant, with over 15 years’ experience in insurance specialising in working with care providers.
Speak to a member of our team today, or call our in-house lead Glenn Trafford on 01452 300888