Page 43 - The Insurance Times April 2025
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Incident Reporting Protocol: A digital system was in-  Challenges Encountered
             troduced for employees to report safety hazards anony-
                                                                 Resistance to Change: Some older employees were ini-
             mously.
                                                                 tially resistant to new safety measures.
                                                                 Training Cost and Time: Scheduling training sessions
         Preventive Strategies and Best Practices
                                                                 without disrupting operations required significant plan-
         The case underscores the need for a proactive approach to
                                                                 ning.
         workplace safety. The following best practices were derived
                                                                 Ensuring Contractor Compliance: Monitoring and en-
         from the learnings:
                                                                 forcing safety adherence among third-party labor was
         1. Regular Maintenance and Inspections: Machinery
             must be maintained routinely to avoid mechanical fail-  difficult but addressed through stricter vendor agree-
                                                                 ments.
             ures. Records should be digitized and reviewed.
         2. Mandatory Induction Training: Safety training must  Conclusion
             be part of the onboarding process, particularly for con-
             tract and temporary workers.                     This case study highlights that workplace safety in manu-
                                                              facturing plants cannot be compromised. Preventing acci-
         3. Use of PPE (Personal Protective Equipment): Regular
                                                              dents is a multifaceted process that involves technology,
             checks should ensure all workers have and use appro-
                                                              training, leadership, and continuous improvement. The
             priate PPE.
                                                              transformation of XYZ Components Pvt. Ltd. from a reac-
         4. Behavioral Safety Programs: Initiatives that promote  tive to a proactive safety culture illustrates the tangible
             a safety-first culture and encourage peer accountabil-  benefits of investing in occupational health and safety. As
             ity.                                             industries evolve and adopt advanced manufacturing tech-
         5. Compliance with OSHA/Factories Act Standards: Ad-  nologies, safety frameworks must adapt accordingly to pro-
             herence to national and international workplace safety  tect human capital-the most vital asset of any organization.
             standards.
                                                              References
         Outcomes and Impact                                  1. International Labour Organization (ILO), "Safety and
                                                                 Health at the Heart of the Future of Work: Building on
         Six months after the implementation of safety reforms, the
                                                                 100 years of experience", 2019.
         following improvements were observed at XYZ Components
         Pvt. Ltd.:                                           2. Occupational Safety and Health Administration (OSHA),
             Zero Recordable Incidents: No major or minor work-  "Guidelines for Preventing Workplace Injuries in Manu-
             place injuries were reported.                       facturing," www.osha.gov.
             Improved Morale: Workers reported higher job satis-  3. Ministry of Labour and Employment, Government of
             faction and trust in the management.                India, "Annual Report on Occupational Safety and
                                                                 Health 2022."
             Operational Continuity: Downtime due to safety issues
             dropped by 90%.                                  4. Heinrich, H.W. (1931). Industrial Accident Prevention:
                                                                 A Scientific Approach.
             Regulatory Compliance: The company passed subse-
             quent safety audits with commendation from the local  5. Safe Work Australia (2023). "Managing Risks in Manu-
             Directorate of Industrial Safety and Health.        facturing: Codes of Practice."

                      Nirmal Bazaz Appointed Honorary Secretary of IBAI

           The Insurance Brokers Association of India (IBAI) has appointed Mr. Nirmal Bazaz as its new Honorary Secretary. He
           was elected director in 2023 and continues to serve in that role alongside his new responsibility.
           Mr. Bazaz has more than 30 years of experience in the insurance industry. Throughout his career, he has worked
           actively to spread awareness about risk management and insurance practices. He regularly organizes seminars and
           workshops through respected platforms such as the Indian Chamber of Commerce and various business associations.

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