Chennai, 25 March 2013: Cholamandalam MS Risk Services Ltd (Chola MS Risk Services), a Chennai-based Risk Consultancy Services provider and part of the USD 4.4billion Murugappa Group, has received the internationally acclaimed certification from The Royal Society for the Prevention of Accidents (RoSPA) for the Defensive Driving training programme for promoting safe driving practices for commercial and personal driving, and for conducting fleet audits. This is the first time that an Indian organization has received this certification. This certification propels Chola MS Risk Services to an elite league of organisations offering extensive training programmes for corporates, fleet operators, logistics service providers and individuals to promote safe driving practices and to reduce road accidents.
Chola MS Risk Services has already conducted extensive training programmes on safe driving to over 18,000 drivers over the past three years, across automobile manufacturers, white goods transporters, major logistic companies, corporate and MNC’s and oil companies and hazardous chemical carriers. It also offers state-of-the-art technology for journey risk management consultancy services for vehicles with special cargo requirements. Specific success stories include a 58% reduction in transit losses for an automobile manufacturer, by addressing issues related to the driver, the vehicles and the routes taken for the journeys. This latest certification will facilitate offering additional consultancy and training services to clients.
Commenting about the certification, NV Subba Rao, Chief Executive of Chola MS Risk Services, said “Road accidents are one of the leading causes of death across the world. In today’s world of all-round business pressures, loss minimization becomes extremely critical to prevent erosion of margins. This training programmes offered by Chola MS Risk Services will provide an Indian perspective to safe driving, building in the context of Indian road conditions and road behavior of the drivers and the other road users.” Chola MS Risk Services will shortly announce the series of training programmes aimed at corporates, logistics service providers, fleet operators, and interested public groups.
Rick Wood, RoSPA’s Head of Training for the Driver and Fleet Solutions Division, said: “RoSPA is delighted to award Chola this accreditation, which will ultimately help save lives and reduce the number of accidents on the roads. Using training and education to improve the way people drive, whether for work or other activities, is a vital part of preventing accidents that will benefit society as a whole.”
About Cholamandalam MS Risk Services Ltd
Cholamandalam MS Risk Services Limited is a 50:50 joint venture between USD $4.4 Billion Murugappa Group, India and Mitsui Sumitomo Insurance Group, Japan and has a technical collaboration with InterRisk, a group company of Mitsui Sumitomo Insurance Group.
Established in year 1994, Cholamandalam MS Risk Services is a Chennai based Risk Consulting Company offering comprehensive Risk Engineering solutions in field of Safety, Health and Environment. The company has pioneered many innovative and specialized services catering to the needs of Asian & European markets for last 15 years. The organization has successfully executed more than 7000 projects (Domestic/International) which not only helped its clients maintain compliance but also optimize their EHS performance and set new benchmarks.
Cholamandalam MS Risk Services, an ISO 9001:2008 company, is a certified “Environment Impact Assessment” Consultant organization by NABET EIA Accreditation committee, a constituent of Quality Council of India. The organization was also declared “Risk Manager of the Year” in Asian Insurance Industry Awards and is the first Indian company to be approved as Safety Consultants by Kuwait Oil Company under section 31s till date. The company in association with Final Mile offers E2S a cognitive neuro science approach to affect cultural change. Chola MS Risk has a pan India presence with office in Mumbai, New Delhi, Gurgaon, Ahmadabad and Pune besides the corporate office in Chennai.
About the Royal Society for the Prevention of Accidents (RoSPA)
RoSPA is a registered charity that has been at the heart of accident prevention in the UK and around the world for almost 100 years. RoSPA promotes safety and the prevention of accidents at work, at leisure, on the road, in the home and through safety education. RoSPA is committed to preventing accidents by encouraging education, enforcement and engineering.
A quest for “absolute safety” in all areas of life is not feasible and would come at a cost to freedom. Weighing up a risk against the potential intervention to reduce it is one way of striking this balance, as is considering the effect of risk-taking on other people.
A key RoSPA principle is that life should be as safe as necessary, not as safe as possible, particularly when it comes to a person’s leisure activities. This means that unless risks are intolerable, good accident prevention is about enabling them to be managed safely, rather than banning activities altogether.
At RoSPA, the aim is to prevent accidents by promoting key issues, campaigning for improvements and providing services which are relevant to businesses and organisations. Its varied activities include campaigning, collecting data, carrying out research, developing policies, informing and educating, auditing and providing expert consultancy.
RoSPA is a leading provider of safety training courses. It offers courses to cover a wide range of health and safety training requirements, including professional level NEBOSH and IOSH accredited courses.
About Murugappa Group
Founded in 1900, the 22314 Crores (USD 4.4 billion) Murugappa Group is one of India’s leading business conglomerates. The Group has 28 businesses including ten listed Companies actively traded in NSE & BSE. Headquartered in Chennai, the major Companies of the Group include Carborundum Universal Ltd., Cholamandalam Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., Tube Investments of India Ltd., and Wendt (India) Ltd.
Market leaders in served segments including Abrasives, Auto Components, Cycles, Sugar, Farm Inputs, Fertilizers, Plantations, Bio-products and Nutraceuticals, the Group has forged strong alliances with leading international companies like Groupe Chimique Tunisien, Foskor, Mitsui Sumitomo, Morgan Crucible and Sociedad Química y Minera de Chile (SQM). The Group has a wide geographical presence spanning 13 states in India and 5 continents.
Renowned brands like BSA, Hercules, Ballmaster, Ajax, Parry’s, Chola, Gromor and Paramfos are from the Murugappa stable. The organization fosters an environment of professionalism and has a workforce of over 32,000 employees.