Keoghs has produced a client alert on Lord Young's review of the health and safety laws and the “compensation culture" in the UK. To view a copy click here.
Commenting on the review, Steve Thomas, director of market affairs at Keoghs, said: “By taking time out in the face of his lengthy job list to address this issue, David Cameron has signalled that a review of health and safety law is a key priority for the new government.
“The speed with which it will be carried out and the fact that Lord Young will report directly to the PM are further confirmation of this.
“Lord Young was first asked to look into the situation back in December and so is probably already advanced in his thinking.
“Whilst we expect that much of the emphasis will be on looking at the impact of health and safety regulation on groups such as volunteers, good Samaritans, public servants and voluntary organisations – the review will go wider than this, addressing health and safety laws across the board.
“Keoghs welcomes this review and we anticipate that it will be supported by insurers. Whilst employees must be protected in the workplace, it is a question of finding a common sense balance and also addressing the ills of our compensation system which have evolved over recent years.
“This culture of excessive health and safety regulation also stifles the activities of businesses, local authorities and schools. All too often, claimant solicitors are the beneficiaries as they have much to gain from the continuance of this culture.
“Keoghs will be working closely with insurers to engage fully in the process and ensure that their views are articulated and heard by Lord Young and his team. This is a crucial area for insurers and their customers and they must have a voice - doubtless the claimant lobby will be highly vocal in this arena over coming months.”
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