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Employers' group the CBI has also given a cautious welcome to the proposals. Deputy Director-General John Cridland commented: "The Government has come up with some worthwhile short-term proposals and must act swiftly to make sure they make an immediate difference."
- The CBI welcomes plans for minimum notice periods for insurance renewals. Too often businesses are given only days to react to huge premium increases leaving them little opportunity to shop around.
- Small businesses in particular will welcome increased efforts to link premiums more closely to their specific health and safety records.
- The vast majority of firms are law abiding and take out the insurance the law requires. They will be pleased with new efforts to clamp down on those who seek unfair advantage by failing to do so.
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