Insurance, Mortgages, Financial Matters & Risk Management since 1978
Copyright R M Brown & Moneynotion Limited 1978 -
We are Authorised and Regulated by the Financial Services Authority; registered number 137380. The FSA web site is http://www.fsa.gov.uk Terms of use | Privacy policy
Incorporating R M Brown -
Why you should use us as part of your management team:
- Our Risk Management Service can help reduce risk & cost
- Insurers chosen from the whole Lloyd’s & insurance company market
- Wide business experience to help you
- Professional connections for when you need them.
Manage Your Motor Fleet, Comply With HSE Requirements and Keep Premiums Low:
- minimize the risks you run
- control the costs of insuring and managing your fleet.
- these comments are made with reference to practices in the UK.
What are the motor fleet owner’s legal and other obligations?
- Vehicles are classed as workplaces and under health and safety law must be as safe as possible.
- You must have a WRITTEN health and safety driving at work policy.
- You must make an assessment of the risks attached to running a motor fleet and provide training to correct and minimize those risks. This must be documented and be "suitable and sufficient" by law.
- The company/firm is responsible as employer to ensure safe handling of work articles. This extends to the Directors and Officers personally as well as to the company, or to the owners and managers if your firm is a sole trader or partnership.
- The HSE prosecutes for not having an adequate and documented policy.
- Your written policy must include mobile ’phone use in vehicles -
hands free kits or bluetooth ear pieces are not expensive.
The threats -
- Employees, Owners, Directors and Managers could end up in jail or paying heavy fines! See some case studies which have gone to Court. These make compulsive reading, putting a sharp focus on the responsibilities of company owners, directors and managers.
- Without good fleet management:
- some drivers fail to look after your vehicles properly. This increases maintenance costs and depreciation.
- there is a greatly increased chance of accidents, as an employee’s will to care for your business assets slips away.
- Increased claims will result in higher insurance premiums.
- Increased costs reduce profitability. You’re then on a bad footing compared to your competitors.
How do you minimize the risks? Clearly it's in everyone's interests to avoid the situation where Owners, Managers and Directors could face criminal prosecution, with the risk of fines and jail. This plan could help:
Effective risk management is good business sense AND it’s the law!
- Proper control minimises claims. This in turn limits premium increases, enhances employee relations.
- With a bit of PR staff can see you're looking after them. They should be encouraged to look after your vehicles like they look after their own, or better.
- It protects you from legal action from employees, the HSE and the public.
- If you follow all these things through, (hopefully) it will make you HSE compliant and it will benefit you in reduced costs, increased profitability and enhanced image.
How we help keep down your insurance costs.
- We see appointment as your insurance brokers as a part of your management team, charged with advising you on managing risks.
- We maintain contact with all the main motor fleet insurers and have access to all the main products available in the United Kingdom.
- We are painstaking in the correct presentation of your risk to insurers and have a good record of results in negotiating on clients’ behalf.
- If you have a less than good claims record we will use our experience to show you how to make it better over a period of time.