QBE – Minds in Business

Mental health issues are the biggest cause of lost workdays in the UK, costing businesses up to £45 billion a year in lost revenues.

Mental health issues at work can lead to incidents with a devastating impact, for example where workers are driving vehicles, making key process decisions, operating machinery, making key process decisions, working at height or in other hazardous situations.

One in four people in the UK will have a mental health problem at some point. As a leading business insurer, we know that human error is the hidden claims driver that is often not recorded, yet our research indicates that businesses with mentally resilient workforces will have fewer accidents and fewer insurance claims.

Improve your mental health strategy

 

To help you evaluate and improve your mental health strategy, we have a new ‘Minds in Business’ mental health strategic assessment tool that’s unique in the insurance market.

Minds in Business has been developed in collaboration with renowned mental health charity Mind, organisational culture and human error specialists Anker and Marsh, and business and personal resilience specialists Petros, so you can have confidence in the process and outcomes.

When you engage with Minds in Business, you’ll be posed a series of questions designed to consider your strategic approach to:

  • Leadership
  • Planning
  • Support
  • Organisational competence and capability
  • Performance evaluation

After you’ve completed the process, you’ll be given a bespoke risk improvement plan along with a proposed timeframe for completion. You’ll also be signposted to a suite of resources and guidance to help you, much of which is provided by our carefully selected specialist partners, with plenty of free guidance and support also available.

We believe that Minds in Business can lead to healthier and happier employees, fewer workplace incidents, an improved claims experience and resultant improved business performance.

Just a small improvement in an organisation’s approach towards mental health can help to significantly address some of the issues and alarming statistics above.

How to access Minds in Business

 

Access to Minds in Business is through our QRisk online risk management platform, available only to QBE customers.

QRisk offers you a wide range of guidance and self assessment tools to help reduce the chances or impact of an unexpected event – from managing your ESG (environmental, social, and corporate governance) risk, preventing common accidents in your workplace, or even improving your company’s risk culture. QRisk can make it easier than ever to understand and manage the risks for your business.

You can work through each online module in QRisk at your own pace, taking what you need, at your discretion. You’re in full control.