Work accident insurance company Fusion will pay for policy holders to use risk management software in the hope it will help them reduce work injuries.
Licence fees for locally developed Hasieman software, by Auckland-based Risk Management Systems, ranges from $6500 for employers with fewer than 10 staff, up to $50,000 for employers with more than 200 staff.
Under a licence deal between the companies, Risk Management will see those fees waived for Fusion policy holders who will pay annual maintenance and support fees. These range from $675 a year to $15,000 and cover helpdesk support, an annual audit, maintenance of electronic links and transactions between policy holders and the insurance company.
Nigel Edmiston, Fusion general manager, believes that making the system available to its customers will give them the tools to manage health and safety risks at work. For example, organisations may conduct surveys to expose harzadous situations within the workplace, and then register them on the system which is then networked throughout the company for employees to view.
If there is an accident the system tracks what caused it, what follow-up there is, whether the cause has been eliminated and whether the person involved has been trained to avoid the same accident in future.
Edmiston says the success of the workplace accident market lies in lowering the number of workplace injuries.
The system automatically transfers accident data for claims and injury management to Fusion. Edmiston says all client records created by the system are confidential but, in time, statistics will be made available to policy holders.
Fusion brokers will be introducing the system to customers over the next few weeks, with Datacom and sub-contractor SGS New Zealand providing support.
Hasieman has been developed over the past three years, according to Risk Management managing director Denis Fetherston.
Customers include TransAlta Energy and Village Force Cinemas, which is expanding its use to Australia, Fiji and Argentina.