Accident management

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accident (noun, ac-ci-dent, \ ˈæksədənt \) management (noun, man-age-ment, \ ˈmænədʒmənt \)

Definition: is a systematic, planned, and controlled handling of a work- or business-related accident, which is directed towards preventing the accident from escalating into something more serious, balancing its consequences, and achieving a safe state overall. Numerous companies and organizations choose to outsource their accident management and use the services of special accident management companies. This can give a number of benefits to a business. They include dealing with accidents and their consequences in a more efficient way, being able to keep concentrating on business functions while the outside company deals with the accident, and even saving some money.

Synonyms and related words: accident condition, travel accident insurance, accident management company, insurance, occupational accident

In a Sentence:

  1. Accident management is important. The way your company executes it may influence the production pace and the overall performance of your business.
  2. Oftentimes, accident management involves the risk management, which, when done effectively, prevents future accidents or at least minimizes the number of potential ones.
  3. When choosing an outside accident management company, pay attention to their resolution procedures.
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