Marsh mock trial highlights corporate manslaughter risks
London, 21 October 2009
A mock trial held last week by Marsh, the world’s leading insurance broker and risk adviser, highlighted the impact that a corporate manslaughter and health and safety prosecution could have on businesses, directors and senior managers, and the practical steps that can be taken to improve protection. The trial, which was held at the Tower of London, was attended by over 240 delegates and was organised by Marsh, with insurance company QBE and Plexus Law.
Eric Alter, who organised the event and is a Business Risk Consultant at Marsh, commented: “The range of offences for which employees, directors, managers and officers can be imprisoned has been broadened under UK legislation and the maximum financial penalties for many offences are unlimited. In addition, the levels of fines that can be imposed on organisations can be as high as 10% of turnover and can also include publicity orders acknowledging guilt.
"To address these issues, organisations need to ensure that their health and safety policies are up to date and reflect the risks in the organisation. These policies need to be clearly understood and implemented, and have clear ownership at board and senior management level. Organisations should also work closely with insurers to ensure that their defensibility position is optimised. By reducing their health and safety risks, and by working with their insurers, it is possible to achieve improved insurance terms.
"The mock trial was the perfect medium through which to demonstrate the challenges and penalties faced by business and directors as a result of the Corporate Manslaughter Act and Health and Safety Offences Act.”
For more information about Marsh’s health and safety risk management services, please contact Eric Alter on T: 020 7357 5130, or email eric.alter@marsh.com
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