How can insurers help employers cut sickness absence costs? A more integrated solution is needed, says Tim Ablett
The workplace is changing and the insurance market has to change in order to keep up. The cost of sickness absence for 2002 is estimated at £522 per employee and companies are frantically looking for ways to reduce costs. With an increasing focus on rehabilitation, insurers are in the prime position to provide support for employers eager to invest in the well-being of their staff and facilitate a swift return to work. In a working world of extended retirement ages, capping of pension liabilities and the employers' liability crisis, insurers need to take a long, hard look at the traditiona...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes





