Beyond Crisis: Focusing On A Culture Of Workplace Safety Can Deliver Bottom Line Results - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
July 23, 2014 Newswires
Share
Share
Post
Email

Beyond Crisis: Focusing On A Culture Of Workplace Safety Can Deliver Bottom Line Results

PR Newswire Association LLC

NORTHBROOK, Ill., July 23, 2014 /PRNewswire/ -- While the number of workplace accident rates is on the decline in the U.S., a number of high-profile and serious accidents in recent years has led to new safety processes. To create a healthier and safer workplace, UL, a global safety science leader, believes that organizations must establish a culture in which employees actively identify indicators of unsafe conditions, both through formal and informal processes before a crisis hits. In doing so, organizations can learn from safety-related failures, or events that point to the potential for major negative outcomes, and implement necessary changes.

"The evolution of safety in the U.S. has a long and storied past with memorable tragic and catastrophic events. Each one provides a unique perspective for how we can prevent future events, if we take the time to learn from them," said Todd Hohn, UL's global workplace health and safety director. "However, we also believe learning happens through ongoing, day-to-day employee engagement in safety, not just when a crisis occurs."

UL recently hosted a workplace health and safety roundtable in which a number of participants representing a cross-section of senior business executives, insurance and risk management professionals, occupational medicine physicians, university faculty members, research and other subject matter experts came together to discuss pressing issues in creating a workplace health and safety culture today. Some of the discussions included:

  • How process change can save money and improve performance
  • The role of top management in creating a culture of safety
  • Increasing workplace productivity, along with the bottom line, by addressing the health risks employees bring into the workplace
  • Creating an organizational structure that enables a culture of health and safety

Traditionally, companies have kept their health and safety functions separate, hindering collaboration. UL believes it is crucial for organizations to integrate their health and safety functions and participants spent extensive time discussing organizational structures, alignment and outcomes to improve performance.

When organizations succeed in creating safer workplaces, it directly contributes to a better financial performance. According to the National Safety Council, a workplace injury takes place every six seconds. J. Paul Leigh, professor of Health Economics at the School of Medicine and Department of Public Health Sciences with the University of California, Davis, estimates that occupational illnesses and injuries cost the American economy $250 billion each year due to medical expenses and lost productivity.

In fall 2014, UL will issue a free white book with insights from the roundtable and strategies for driving a culture of health, safety and learning. Additional resources are currently available through UL's "Workplace Health & Safety Journal."

"This was the first roundtable, that I know of, in which senior executives from business, and experts in health, safety, risk management, insurance, government and academia have come together to take a holistic approach to health and safety and continuous learning," added Hohn. "Collectively we came to the conclusion that business health relies on employee health and safety."

About UL
UL is a premier global independent safety science company that has championed progress for 120 years. Its more than 10,000 professionals are guided by the UL mission to promote safe working and living environments for all people. UL uses research and standards to continually advance and meet ever-evolving safety needs. We partner with businesses, manufacturers, trade associations and international regulatory authorities to bring solutions to a more complex global supply chain. For more information about our certification, testing, inspection, advisory and education services, visit http://www.UL.com.

MEDIA CONTACT: 

Michelle PressMedia Relations Manager
Phone: (847) 664-1966 
E-mail: michelle.press@ul.com

SOURCE UL

Wordcount:  590

Newer

Doctor On Demand, Inc. Integrates with DoseSpot e-Prescribing Platform

Advisor News

  • Can your advisory firm survive without you?
  • I started using AI, but what now?
  • How to support an entrepreneur client with multiple businesses
  • Could a narrower focus help grow your practice?
  • U.S. debt hits $40 trillion: how to support concerned clients
More Advisor News

Annuity News

  • Solen Software Group Acquires Cooperative Technologies, Provider of 1035 Exchange and Annuity Replacement Software
  • MassMutual Expands Lending Options With New Secured Credit Line
  • Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
  • Insurer proposes $1.1M deal to resolve CA teachers’ annuity fee lawsuit
  • IMOs get frustrated with slow carrier adoption of faster technology
More Annuity News

Health/Employee Benefits News

  • Researchers from Department of Research and Innovation Report on Findings in Managed Care (Quantifying Medicare prescription payment plan benefits under Medicare Part D): Managed Care
  • New Managed Care Study Results from Brigham and Women’s Hospital and Harvard University Described (Supplemental Rebates From Drug Makers To State Medicaid Programs Grew Fivefold From 2017 To 2024): Managed Care
  • Nebraska SHIP offers support during Medicare open enrollment
  • Patients demand access to prescription drugs but need support
  • Oscar Health Inc. (NYSE: OSCR) Makes an Unexpected Move During Monday’s Session
More Health/Employee Benefits News

Life Insurance News

  • Solen Software Group Acquires Cooperative Technologies, Provider of 1035 Exchange and Annuity Replacement Software
  • Virginia orders Atlantic Coast Life to halt new business Nov. 1
  • AM Best Affirms Credit Ratings of China Taiping Insurance (Singapore) Pte. Ltd.
  • AM Best Upgrades Credit Ratings of Fidelity Life Association, A Legal Reserve Life Insurance Company; Affirms Credit Ratings of Industrial Alliance Insurance and Financial Services Inc. and Its Life/Health Subsidiaries
  • 777 Partners founder pleads guilty to $500 million fraud scheme
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.