A safety and loss control program is an essential part of any and all risk management strategies. Lowering the frequency of claims, not to mention the severity of them, can result in saving big on a company’s bottom line. Reduced premiums and expenses saved from staying away from claims will surely help lower total cost of risk.
Each program should be tailored to fit the size of a company and the industry it’s in. Whether a large corporation or a small business down the street, having a plan of action in mind, as well as a comprehensive policy in place like Florida small business insurance, is vital.
Create a Culture of Safety
Any sized company or office can create a culture of safety from the top to the bottom. Having leadership on board to develop and champion a safety program will create transparency and dependability in the workplace.
Safety coaching techniques based on behavior can also provide structure around safety practices, and in turn create awareness around safety. Soon enough a reduction of injuries, losses, and claims will begin to take over as a result.
Having leadership and team supervisors as the point people in a safety and loss program will help encourage accountability and responsibility among the entire staff. From conducting certain activities and work tasks to instilling faith in employees will result in an overall commitment to safety.
From the first day a new employee comes aboard there should be orientation and education around safety and loss procedures. Stressing the importance of a well-developed program can make a difference in employee trust and the overall morale environment of a small business or large corporation.
Having a culture of awareness and education from the start will instill a positive attitude toward everyone’s safety. What’s more, having regular check-ins and safety training classes are just as crucial, as refreshing reminders can help keep everyone educated and practicing healthy tasks.
Safety and Loss Classes
Putting a plan of action to use needs to be spearheaded by the above-mentioned education. Some available classes can be taken onsite and some offsite. Either way, encouraging employees to learn new skills and new methods of safety, and even incentivizing them, will help to keep any work environment that much safer.
Here are some examples of classes to offer or go to a third-party to provide:
- Material handling and back safety
- Machine safeguarding
- Management commitment in accident prevention
- Substance abuse testing programs
- Disaster recovery planning
- Self-inspection strategies
- Accident investigation
- Injury review process
- Root cause analysis
- Written safety program formalization
- Return to work
Having a plan of action and available education are not enough. Remembering to promote these features as well as update them for regular refreshers will help to keep claims down and risks low.
About Advanced Insurance Underwriters
At Advanced Insurance Underwriters, we offer specialized programs to safeguard small business owners like you. From general liability to cyber liability protection, we have the solutions you need to thrive. For more information about our products, give us a call today at (800) 660-7734.