Self Insurers

The Uniqueness of Self-Insurers

Self-insurers across Australia have unique challenges in self insuring for workers compensation. Each state, territory or the federal government has its own regulatory bodies with their own set of standards that a self insurer must conform too.

These differences cover the all aspects of the various self insurance schemes from financial performance, work health and safety performance and of course workers compensation and injury management activities.

For organisations that are currently self insured and those wishing to be self insured the various schemes provide challenges in not only gaining a self-insurance licence but also in continuing to maintain a self-insurance license.

Challenges for Self Insurers

The challenges for a new self insurer are;

• Determining if self insurance is a viable solution for your organisation in managing workers compensation costs
• Understanding the regulators requirements
• Interpreting and applying the National Self Insurer OHS Audit Tool
• Matching the organisations performance with the mandatory levels required by the regulator
• Being aware of the ongoing commitments to maintaining the standard required by the regulator

The challenges for a current self insurer are;

• Maintaining the level of safety performance required by the regulator
• Interpreting and applying the National Self Insurer OHS Audit Tool
• Understanding the work health and safety regulators requirements
• Staying aware of the ever changing regulators licencing requirements and performance expectations
• Undertaking and providing annual reporting on compliance activities

Multiple State Self Insurers

The above described challenges get even more interesting if you are an organisation residing in differing states and are self insured or are wishing to be self insured. The complexity increases with the differing workers compensation and work health and safety legislative requirements associated with multiple self-insurance licenses and there application by the various regulators.

How We Can Help

Our goal is to ensure that current self insurers or proposed new self insurers get the right information, advice and assistance for them to obtain or maintain a self-insurance licence for workers compensation.

We provide services to self insurers in;

Consulting - we provide the right advice to clients based upon our detailed knowledge and years of experience in dealing with self insurers and the needs of self insurers. Our experience gives us the ability to provide you with individual solutions suited to your industry sector and business needs.

Auditing - we measure your performance as a self insurer or a proposed self insurer in comparison to the regulators requirements for work health and safety. Importantly we understand the regulators interpretation and application of the various tools used to measure your performance including the National Self Insurer OHS Audit Tool.

Safety management system development - we develop safety management systems to meet your individual business needs. We know from experience that the best solution for an organisation is one designed specifically for your business in accordance with work health and safety legislation and the National Self Insurer OHS Audit Tool.

Click here to learn more!

Success in Self-Insurance our Case Studies

Details of how we have successfully assisted organisations in achieving their self insurance objectives are described in brief case studies of assignments highlighting the knowledge and experience in the consultancy services that we have provided.

If you need assistance or would like to find out more about our services contact us during business hours by telephoning 02 9025 3909 or click here to arrange a meeting.

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