Privatization of work-related risk control: analyzing the role of insurance

Philipsen, N. (Speaker)

Activity: Talk or presentation (speaker at event)Talk or presentationAcademic

Description

Both public regulation and private regulation may be used to control work-related risks like occupational accidents, occupational diseases, and unemployment. In this presentation, which marks one of the first steps in a research project on ‘privatization of work-related risk control’, I will analyze the expected effects of shifting from a ‘welfare state’ characterized by more public intervention to a ‘social investment state’ (Van der Veen et al, 2012), as far as the coping behavior of private actors is concerned.

Among those private actors, a particular focus of my analysis will lie on the role of (liability) insurers in preventing and compensating work-related harm. What options do insurers have to address the problem of moral hazard from the side of their insured (employers or employees), and do insurers actually use these options? What lessons can we draw for China?

Period2 Jun 2017
Event titleReconsidering the Law-Finance Nexus in a Post-Crisis World
Event typeConference
LocationBeijing, China
Degree of RecognitionInternational

Keywords

  • Liability
  • Insurance
  • Work-related risks
  • Private regulation