Safety risk management and workmen's compensation insurance in the construction industry.
Ong, Pei Pei.
Ong, Su Mei.
Yee, Foong Sze.
Date of Issue2000
College of Business (Nanyang Business School)
With the increasing concern in ensuring workers' safety in the construction industry, both government authorities and trade associations have implemented more mandatory measures and stringent penalties. This study discusses a combination of legislative solutions coupled with corporate risk management techniques to help construction companies to better cope with safety risks. It also attempts to examine the role of the insurance industry and Workmen's Compensation Insurance in assisting construction companies to manage these construction risks more effectively. A different system of charging premium called experience rating is also looked at.
Final Year Project (FYP)
Nanyang Technological University