TBA Launches Stud Employee Accident Benefit Scheme with Howden

[Wandering Eyes]

The Thoroughbred Breeders' Association (TBA) announced on Thursday the launch of the Stud Employee Accident Benefit Scheme (SEABS), brokered by Howden, the global insurance intermediary group. The scheme enables employers to offer financial support for up to two years to stud employees who are temporarily or permanently unable to work after an accident.

Open to TBA members who are employers, the scheme offers weekly payments of up to £400 per week (less statutory sick pay) if an employee is unable to work as a result of an injury for up to 104 weeks–or their current pay level if it is lower (subject to normal payroll deductions).

For those employers who already offer enhanced SSP the scheme will help to cover costs, and for those who don't the scheme enables them to offer enhanced SSP with very limited financial exposure. The cost of the scheme to the employer is £96 per employee per year.

Claire Sheppard, chief executive of the TBA, said, “With the publication of the Industry Workforce Strategy last month, we are really pleased to get the Stud Employee Accident Benefit Scheme off the ground for our members, which demonstrates our commitment to the welfare of the breeding industry workforce.

“The new scheme offers exceptional value for money for employers with stud staff working directly with horses, but who don't ride, and it's another example of the great value TBA membership offers.”

Catherine Morgan, head of equine for Howden, added, “We are delighted to have been able to facilitate this new and very important benefit for TBA members. SEABS will allow both large and small studs to act on a level playing field and protect their employees against accidents for a very competitive premium.”

Full details of the new SEABS scheme and FAQs can be found on the TBA website. There will also be a webinar open to interested parties on Tuesday, March 4 at 12pm, featuring representatives from the TBA and Howden to run through further details of the scheme. Employers can register in advance by clicking the link here.

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