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Employees: Assets or Liabilities?
Date:  18/05/2004 Location: Devonshire Hotel, Glasgow
Chairman: Mr  Nelson Gray
Speaker: Mr  David Huxley                

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Tuesday 18 May 2004, 5.45pm for 6.15pm
Devonshire Hotel, Glasgow

Masterclass Dinner with

Employees : Assets or Liabilities?

Your employees are an essential part of your business.   But they come at a cost, and the more you have, the more likelihood that you値l have seen one particular cost rising sharply.

The insurance market has gone through turbulent times over the past couple of years and, although Property and Motor premiums are on the way down, the cost of Employers Liability will continue to increase.   And, being a compulsory class of insurance, there痴 no escape??????or is there?

Aon痴 Masterclass traced the problem back to its roots.

Accidents can happen in any business but insurance claims are frequently driven by the 渡o win, no fee? lawyers, the reluctance of some insurers to defend routine claims and the 田anteen culture? that allows an isolated incident to develop into a flood of claims.   It is this trend which pushes Employers Liability premiums ever higher.

David Huxley of Aon Risk Control is a qualified lawyer with a proven track record on claims defensibility.   He suggested solutions to help to manage these problems, turn round a deteriorating claims performance and avoid the penal increases applied by insurance companies.

The event was Chaired by Nelson Gray, Gap Fund Managers. Since selling his own businesses Nelson, (a C.A) has been an active angel investor, business mentor and fund manager. Having made a number of personal investments he became the gate keeper for one of Scotland痴 leading angel syndicates before taking on the management of two early stage funds supplying loan and equity funding to Scottish companies in sectors including biotechnology, software and games as well as more traditional manufacturing industries. Nelson has lectured extensively on the topics of investee and investor readiness and alternative funding strategies for companies and has a particular interest in the promoting the availability of private equity through the establishment and support of new angel syndicates. He works with a small number of private clients providing in depth practical assistance with strategic direction, management development and funding. He is a Director of the Entrepreneurial Exchange and a former director of the Scottish Institute for Enterprise.


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