Written Question · S1W-29996 · Session 1
What assessment it has made of any impact of increased costs of public, environmental and employers' liability insurance premiums on small-…
The question
To ask the Scottish Executive what assessment it has made of any impact of increased costs of public, environmental and employers' liability insurance premiums on small- and medium-si'ed enterprises; what information it holds on the incidence of such enterprises being unable to secure such insurance cover at an affordable level, and what discussions it is undertaking, or considering undertaking, with Her Majesty's Government and, in particular, the Secretary of State for Scotland about any (a) market failure and (b) predatory pricing in respect of the availability of such insurance to such enterprises.
The answer
The Scottish Executive has received a number of case studies, illustrating the possible impact of increased business insurance premiums, particularly Employers Liability Compulsory Insurance, and, in some instances, difficulty in securing cover has been identified. It is important to clarify that this type of information is not routinely collected. Not withstanding that fact, the Scottish Executive will continue to encourage individual companies, business organisations and trade associations to share their evidence and concerns on this important matter, to help to build up an accurate representation of the position developing across the UK.Responsibility for the statutory requirements affecting Employers Liability Compulsory Insurance rests with the Department of Work and Pensions and I have written to the Minister of State for Work, who is taking the lead on this matter, to express my concerns. The Executive is already directly involved in discussions about options for change and inter-departmental consultation is now well under way. The Scottish Executive will continue to work with the Scotland Office to represent Scottish business interests.
In the Official Report
No contribution in the Official Report cites S1W-29996 by reference.