Press release 8 July 2024.
Following the election result, Colin Fitzgerald, chair of GRiD makes the following comment:
“GRiD sees the election of a new administration as an opportunity to work with government to take forward a positive agenda to support business and UK growth.
“Labour has been clear in its desire to be the party of business in the UK and has already indicated its support for SSP Reform, something that GRiD fully supports and has signed up for.
“A key challenge to UK growth continues to be the 2.6 million who are absent from work long-term due to ill-health, and the group risk industry is well placed to help support UK employers to help manage this challenge.
“We provide a comprehensive range of added-value services aimed at improving the health and wellbeing of employees each and every day, underpinned by highly valued Vocational Rehabilitation that help people who are absent from work due to ill-health return effectively.
“These services are provided alongside financial support when employees, their families and loved ones need it most.
“GRiD is particularly well-placed to help more SME businesses as they seek to improve employee engagement, absence management and UK productivity. We look forward to working collaboratively with the new administration as they seek to bring a variety of solutions to bear on the challenges of 2.6 million long-term absentees and the 9.4 million economically inactive.”
– Ends –
For further information please contact:
Sharon Mason
SMUK Marketing and PR
Smason@smuk.org.uk
Mob: 07747 611773
Katharine Moxham
Spokesperson for GRiD
Katharine.moxham@grouprisk.org.uk
Mob: 07887 512508
Notes for editors
About GRiD
Group Risk Development (GRiD) is the industry body for the group risk sector, promoting the value to UK businesses of providing financial protection for their staff, enhancing their well-being and improving employee engagement. Our membership includes insurers, reinsurers, intermediaries and those operating in (or with other interests in) the UK group risk market. Together this forms a collective wealth of experience built over many years. Under the chairmanship of Colin Fitzgerald (Distribution Director – Group Protection, L&G Retail) GRiD aims to promote group risk through a collective voice to Government, policymakers, stakeholders and employers.
GRiD works with government departments and regulators involved in legislation and regulation affecting group risk benefits, and with other organisations involved in the benefits and financial protection arenas. GRiD also seeks to enhance the industry’s standing by encouraging best practice and by participating in industry-wide initiatives such as the professional qualification in group risk managed jointly with the Chartered Insurance Institute.
GRiD’s media activity aims to generate a wider awareness and understanding of group risk products and their benefits for employers and employees.
GRiD’s dedicated spokesperson, Katharine Moxham, provides expert media comment on a full range of group risk issues.
www.grouprisk.org.uk
Follow Katharine Moxham on Twitter @KMoxham
