For firms that operate a car fleet or expect employees to drive any vehicle as part of their job, risk management must be viewed as a necessity rather than an option. If employees drive as part of their occupation, however low the mileage, the firm has a duty of care.
In today’s marketplace, ‘brand value’ is a major competitive advantage so any unlawful actions by an employee driver, whether deliberate or accidental, can significantly damage a company’s reputation.
Risk management can help prevent these worst case scenarios ever happening – the bottom line is you stay legal and you keep your costs down at the same time.
Contact your broker to find out how XL Catlin can help you.