Employers' Liability Insurance

HL Deb 30 October 2003 vol 654 cc59-60WA

Lord Taylor of Warwick

asked Her Majesty's Government:

What plans they have to assist with the cost of obtaining employers' liability insurance. [HL4952]

The Parliamentary Under-Secretary of State, Department for Work and Pensions (Baroness Hollis of Heigham)

The Government do not intend to make direct pricing interventions. These would serve to establish a gap between premiums and costs, which lay behind the present difficulties in the employers' liability insurance market.

More broadly, the Government are engaged in a wide range of actions and initiatives designed to help business to obtain EL insurance at a reasonable price.

We will report in the autumn on the progress that has been made and any further steps we intend to take.