How Incident Reporting Can Help Protect Your Business

Person filling out incident report

After an incident occurs, many organizations are left to navigate how it should be reported. Your organization should develop an in-depth reporting system to assist with this process. By separating incidents into recordable and reportable categories, you can ensure that each event is appropriately addressed.

Recordable vs. Reportable Incidents

Incidents should be separated into two categories: recordable and reportable incidents.

What is a Recordable Incident?

A recordable incident can include a minor injury or a noteworthy event. Noteworthy events can include customers becoming irate, customers habitually returning rentals late and any other event your organization views as concerning. These are typically minor incidents that should be logged but don’t necessarily need to be reported to authorities or agencies.

What is a Reportable Incident?

A reportable incident can include theft, injuries, property losses and threats to employees. All incidents should be reported to the proper authority. If a loss or potential loss has occurred, you should notify your insurance company and provide as much information as possible.

How to Create Effective Incident Reports

The purpose of an incident report is to provide your organization and other vested interests with the most accurate information possible. These reports should be standardized and included as part of all employee onboarding. As part of this training, employees should be made aware of events that must be recorded and reported.

What Should Your Incident Reports Include?

Your incident report should include the following:

Location and date of the incident
Approximate time of the incident
Individuals involved
- Details needed for those involved can include names, job titles and address information.
Description of the incident
To whom the incident was reported
Information about the injury (if applicable)
- Name
- Did the Injury require treatment away from the site?
- Were they taken to the hospital? If so, what hospital?
- Description of injuries
Witness information (if applicable)
- Witness name
- Address and contact information
Name of person completing the form

Reporting a Claim

A crucial part of reporting a claim is recording and providing as much information as possible. This can allow your insurance company to help by doing the following:

Assigning a claims representative quickly so you have a way to contact your insurance company and keep up with any pending claims
Providing you with protection in case of a pending lawsuit relating to the claim
Guiding your organization through the process and what to do in the event a claim or lawsuit is filed by a third party

Conducting a Post-Incident Review

After the claim has been reported, your organization should consider conducting a review to evaluate successes and improvements that could be made in the future. An assessment should include the following:

An impact analysis of the incident
A timeline of events and steps taken (if any)
An analysis of the event that took place
Recommendations for improvements
Actionable items

Once the recommendations have been completed, your organization should implement appropriate actions to change processes and improve reporting.

We’re Here to Help – Contact Our Loss Control Consultants Today

At Great American Insurance Group, we strive to ensure that our policyholders are not only aware of the hazards they face but are equipped with the necessary tools to prevent and combat them as effectively as possible. Interested in learning more? Talk to our team of experts.

For additional information on improving your organization’s safety and security, visit the Plan & Protect Hub.