Workers’ Compensation Insurer Publishes White Paper on the Return on
Investment of Safety
NEW YORK–(BUSINESS WIRE)–AmTrust
Financial Services, Inc., a leader in workers’ compensation
insurance, has published a new white paper entitled “The
ROI of Safety: How to Create a Long-Term Profitable Workplace Safety
Program.”
The 15-page paper includes “The
10 ‘Musts’ of Safety Orientation Programs,” as well as data from the
Bureau of Labor Statistics (BLS), the National Safety Council (NSC), the
Occupational Safety and Health Administration (OSHA) and other sources
to emphasize the importance of workplace safety in reducing employee
injuries and costs to employers.
Among the facts highlighted: employers who have safety programs can
reduce expenses related to injuries and illness by 40 percent; $1 spent
on safety can save at least $3 on expenses related to worker injuries;
40 percent of injured employees have been on the job less than a year,
according to OSHA.
“We feel it is important that small business owners and managers view
work safety programs not as short-term expenses, but as long-term
investments in the health of their employees and their business,” said
Jeff Corder, VP of AmTrust’s Loss Control Division. “We compiled this
report to help employers of all sizes – from the owner of a local
restaurant to the foreman on a factory floor – better understand the
value of taking simple but important steps to make workplaces safer.”
The paper is available in AmTrust’s
Resource Center, which features industry findings like the 2018 Restaurant
Risk Report. Graphics and charts in this report can be used without
copyright permission.
About AmTrust Financial Services, Inc.
AmTrust Financial Services, Inc., a multinational insurance holding
company headquartered in New York, offers specialty property and
casualty insurance products, including workers’ compensation, business
owner’s policy (BOP), general liability and extended service and
warranty coverage through its primary insurance subsidiaries rated “A-”
(Excellent) by A.M. Best. For more information about AmTrust visit www.amtrustfinancial.com.
Contacts
AmTrust Financial Services
Hunter Hoffmann
SVP, Global
Marketing & Communications
[email protected]
646.870.1949