The ABI (Association of British Insurers) last week called for a fundamental long-term reform of workplace compensation in the United Kingdom.
John Parker, the ABI's Head of General Insurance, said:
"The current system of workplace compensation is unsustainable. It is buckling under the strain of greater expectations about who should receive compensation and how much they should receive. This is why there has been a 100% increase in the cost of employers' liability claims in the last five years.
"In the short-term we are looking at how firms can best access employers' liability insurance,...
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