liability company. XL Europe is a subsidiary of Bermuda-based Exel Ltd.

XL Prevent offers risk management advice, insurance cover, and access to specialist consultants under one policy.

"Focusing on prevention rather than payments, the company hopes to change the attitude, prevalent in some companies, of lax health and safety measures once employer's liability cover has been secured,'' Insurance Day stated. XL Prevent director and general manager said the company would focus mainly on medium to larger businesses.

"Buy using our resources and expertise to analyse a client's historical accident, injury and illness trends we can identify areas where improvements can be made,'' he told the newspaper. "We also expect the resulting improvement in claims activity to be reflected in premium levels.''