Approximately £3 billion – that’s how much workplace injury and new cases of work-related ill-health are costing UK-based employers on an annual basis. With this is mind, AXA XL has rolled out a new employer’s liability insurance proposition for organisations in the UK.
Called AXA XL HealthAssist, the holistic offering will be delivered in partnership with independent clinical provider IPRS Health. It combines the security of a traditional employer’s liability insurance policy with the additional benefit of a wellness, health, and injury rehabilitation service.
AXA XL HealthAssist features a wide range of physiological and psychological support provisions such as mental health counselling and after-injury physiotherapy.
“Having a holistic approach to wellbeing is growing in importance for employers; putting people and their wellbeing front and centre is a key differentiator for modern businesses looking to attract the best talent,” noted David Maynard, head of international casualty UK at AXA XL.
“As well as improving employee engagement and retention, it can also reduce bottom-line costs caused by ill-health and injury. We’re delighted to partner with IPRS Health on AXA XL HealthAssist so that clients can meet their legal and duty of care responsibilities, while also knowing their team can get back to performing at full strength.”
Meanwhile IPRS Health business development manager Sophia Le Sauvage believes the offering will allow an employer to have a healthier and productive workforce in addition to reducing potential claims and the cost of absence.
“Our solution enables a client to look at the whole health picture, both mental and physical, which also develops through partnership to focus on preventative health tools to reduce conditions,” said Le Sauvage.