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).

Chubb insurance is issued by Chubb Insurance New Zealand Limited (Chubb) Company No.104556, FSP No. 35924. Chubb only provides factual information and does not consider your objectives, financial situation or needs. To decide if this product is right for you please refer to the policy.

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