Insured or not? Directors face increasing defence costs and bigger fines.
New sentencing guidelines introduced in 2016 for Health and Safety offences have resulted in a significant increase in fines imposed on companies and their senior managers. Annual statistics for 2017/18 and published by the Health & Safety Executive at the end of October this year compare outcomes against 2014/15, the last full year before the new guidelines took effect. As you would expect, these do not read well for company directors, with highlights including