Online, Virtual and Classroom Courses
Fully Certified NEBOSH, IOSH, ISEP Accredited
7-Day Customer Service
Tom Lea BScHons, GradIOSH, AISEP

The Business 'Triangle' - financing the uninsured loss of a workplace accident

August 2014

All accidents have financial costs associated with them, broken down into two main categories

  • Insured
  • Uninsured

Employer’s liability insurance covers the cost of the injuries and loss to the person affected.

The uninsured costs range from sources such as:

  • the accident investigation and its remedial measures
  • down time
  • sick pay
  • over time
  • agency fees
  • administration costs
  • product re-working
  • fees for late delivery / shorting
  • business reputation damage and loss of potential future earnings
  • policy excesses
  • premium increases.....and the list goes on!

It’s these uninsured costs that I want to look at - where the money financing them comes from and what factors may influence those in the decision making process.

The Business Triangle

All workplace accidents result in costs - direct and indirect. It is the latter that ironically will directly affect the capacity of the business to meet shareholder expectations.

Related Blogs

  • European Parliament Backs Tougher Limits on Cancer-Causing Chemicals at Work Image
    Brenig Moore DipNEBOSH, CMIOSH, CEnvH

    European Parliament Backs Tougher Limits on Cancer-Causing Chemicals at Work

    Discover what the EU's sixth CMRD revision means for exposure limits, firefighters, PPE and training, and why UK safety pros should act now.
    19.10.26
  • More Than 6 Million Vapes Binned Each Week as Battery Fires Hit Waste Sites Image
    Brenig Moore DipNEBOSH, CMIOSH, CEnvH

    More Than 6 Million Vapes Binned Each Week as Battery Fires Hit Waste Sites

    Find out why binned vapes are causing battery fires in bin lorries and waste sites, and what health and safety teams can do to cut the risk.
    12.10.26
  • Most E-Bike and E-Scooter Fires Reported in 2025 Started Indoors or at Home Image
    Brenig Moore DipNEBOSH, CMIOSH, CEnvH

    Most E-Bike and E-Scooter Fires Reported in 2025 Started Indoors or at Home

    OPSS received reports of 267 e-bike and e-scooter fires in 2025, and 55% started indoors. Brenig Moore explains what it means for your fire risk assessment.
    06.10.26
  • Nearly Half of UK Employers Step Up In-House Talent Development, CIPD Report Finds Image
    Brenig Moore DipNEBOSH, CMIOSH, CEnvH

    Nearly Half of UK Employers Step Up In-House Talent Development, CIPD Report Finds

    Nearly half of UK employers are growing talent in-house, says the CIPD. Brenig Moore explains what it means for safety training and competence.
    29.09.26
  • TfL to Retrofit Bus Cabs With Air Conditioning by 2027 Following Driver Heat Complaints Image
    Brenig Moore DipNEBOSH, CMIOSH, CEnvH

    TfL to Retrofit Bus Cabs With Air Conditioning by 2027 Following Driver Heat Complaints

    Discover what TfL’s pledge to air condition bus cabs by 2027 means for heat risk, duty of care and the UK’s missing legal temperature limit.
    22.09.26
  • New Law Makes Employers Liable for Third-Party Harassment from October 2026 Image
    Brenig Moore DipNEBOSH, CMIOSH, CEnvH

    New Law Makes Employers Liable for Third-Party Harassment from October 2026

    From 30 October 2026, employers can be liable for harassment of staff by customers and clients. Brenig Moore explains the change and the reasonable steps to take now.
    15.09.26
Section Curve
Case Studies

Real Life Stories

Find out how learners look back on their training with Astutis. Our case studies give our learners, both individual and corporate, a platform to share their Astutis experience. Discover how training with Astutis has helped past learners and delegates make the world a safer place, one course at a time.
More Image
Bottom Curve
What People Say

Hear What Our Learners Have To Say

We're always there for our customers. 98% of our learners rated their overall experience as good or outstanding. We will always pride ourselves on our customer service. But don’t take our word for it, here is what our customers have to say
  • "I had a great learning experience with Astutis while completing the ISEP Certificate in Sustainability and Environmental Management. The course was well structured, and the learning materials helped me develop my knowledge and understanding of environmental management. I would like to thank the Astutis team for their guidance and support throughout my learning journey. I am proud to have achieved a Distinction and would recommend Astutis to anyone looking to develop their professional knowledge and qualifications in sustainability and environmental management."

    Mutwali Elamin Ahmed
    19.10.2026
  • "The course was well structured and provided useful knowledge in sustainability and environmental management. The study materials were clear and supported my learning throughout the course. I appreciate the guidance and support from the Astutis team. I am proud to have achieved a Distinction in the ISEP Certificate in Sustainability and Environmental Management. I would recommend this course to anyone looking to develop their knowledge and career in environmental management and sustainability."

    Mutwali Elamin Ahmed
    19.10.2026
  • "Astutis always provide excellent customer service. There is a fantastic range of courses that align with our business needs perfectly. Great communication from everyone I have dealt with and I would like to give a particular shout out to Michelle who could not be any more helpful if she tried. She is always on hand to help with any queries with a quick response time and reassuring always. Thank you Astutis :)"

    Ashleigh Sparkes
    07.10.2026
  • "Brilliant courses - always receive great feedback from colleagues!"

    Ashleigh Sparkes
    07.10.2026
  • "Great training provider with amazing co-ordinators"

    Caitlin
    07.10.2026
  • "Great offering of courses which suits the requirements of our organisation"

    Caitlin
    07.10.2026
  • "Astutis provided a high-quality learning experience that helped me build confidence in my studies. Their flexibility and professional support made it easier to progress while working full-time offshore. I would highly recommend Astutis to anyone looking to further their professional qualifications"

    Jose Malila
    06.10.2026
  • "The course was well structured, engaging, and easy to follow. The learning materials were comprehensive and relevant to real workplace situations, making it easier to apply the knowledge in practice. I particularly appreciated the flexibility of studying at my own pace while balancing work commitments. Overall, the course has helped me improve my professional knowledge and confidence, and I would highly recommend it to others."

    Jose Malila
    06.10.2026
  • "The process from registration to results was seamless. Astutis made the process simple for the students. All administrative task was well managed by Astutis."

    Terry Mohammed
    05.10.2026
  • "The course was well structured with easy to navigate notes for each level. I like how each level of Di1, Di2 and Di3 was simple to read and easy to follow."

    Terry Mohammed
    05.10.2026