4 Trends Impacting Employers’ Need for Group Personal Accident Policies

4 Trends Impacting Employers’ Need for Group Personal Accident Policies

Working in today’s VUCA (volatile, uncertain, complex & ambiguous) world requires continued focus on employee safety.

Companies committed to being Employers of Choice are creating safety nets for their workforce including the provision of a Group Personal Accident policy.

There are four trends that are pushing for this provision:

Increasing regulator scrutiny - 4 trends impacting employers’ need for group personal accident policies A global increase in work-related deaths - 4 trends impacting employers’ need for group personal accident policies Road accidents are serious - 4 trends impacting employers’ need for group personal accident policies Natural disasters in Asia Pacific region are affecting more people - 4 trends impacting employers’ need for group personal accident policies

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4 Trends Impacting Employers’ Need for Group Personal Accident Policies

NOTES

1. http://www.xinhuanet.com, 5 December 2017
2. South China morning Post, 14 March 2017
3. Bangkok Post, 7 April 2017
4. http://www.humanresourcesonline.net, 8 May 2017
5. Straits Times, 29 April 2018
6. http://www.hrmonline.com.au, 5 October 2017
7. In the XXI World Congress on Safety and Health at work 2017 held in Singapore, the estimates showed a global increase in work related deaths up to 2.78M from 2.33M in 2014.
8. Global Estimates of Occupational Injuries and Work-Related Illnesses 2017 (WSH Institute Singapore & Ministry of Social A airs and Health Finland)
9. World Health Organization report on Road Safety in 2017
10. Global Road Safety Partnership - https://www.grsproadsafety.org
11. World Health Organization report on Road Safety in 2017
12. Global Road Safety Partnership - https://www.grsproadsafety.org
13-15. ReliefWeb, a service by OCHA (United Nations Office for the Coordination of Humanitarian A airs).

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