By law if you have staff you have to take out employer’s liability insurance. It would be easy to think that because you have this cover, you can forget about your responsibilities in terms of health and safety towards your staff, however, this would be incorrect; You are still obliged to carry out risk assessments that are suitable and sufficient regardless of the number of staff you employ.
You must take all reasonably practicable measures to protect your employees and report incidents. If your insurer believes that you failed to meet your legal responsibilities for the health & safety of your employees and that this has led to the claim, the policy may enable the insurer to sue you to reclaim the cost of the compensation.
If you have five or more employees your health & safety policy and risk assessment must be documented to comply with current legislation.
Latest figures show that 611000 injuries to employees occurred at work. You simply cannot afford to risk the wellbeing & safety of your staff as it could ultimately cost you your business or worse still; a criminal prosecution leading to a prison sentence.