Safety risk management and workmen's compensation insurance in the construction industry.
With the increasing concern in ensuring workers' safety in the construction industry, both government authorities and trade associations have implemented more mandatory measures and stringent penalties. This study discusses a combination of legislative solutions coupled with corporate risk mana...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project |
| Published: |
2008
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/10808 |
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| Institution: | Nanyang Technological University |
| Summary: | With the increasing concern in ensuring workers' safety in the construction industry, both government authorities and trade associations have implemented more mandatory measures and stringent penalties. This study discusses a combination of legislative solutions coupled with corporate risk management techniques to help construction companies to better cope with safety risks. It also attempts to examine the role of the insurance industry and Workmen's Compensation Insurance in assisting construction companies to manage these construction risks more effectively. A different system of charging premium called experience rating is also looked at. |
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