Workers Compensation
With over 40 years experience providing expert advice, and strategic guidance on workplace risk, we have a proven track record of delivering measurable performance improvement and cost savings on workers compensation insurance.
Workers Compensation Consultants partner with our clients on a fee for service basis, delivering the following measurable and sustainable outcomes:
- Assisting clients understand the current cost of workers compensation
- Forecasting to asses premium impact in the future
- Assessment of threats and recommendations for taking control
- Advice on complying with OH&S legislation
- Injury management advice
- Strategic planning for implementing changes and measuring results
- Alternative risk control strategies – e.g. self insurance
- Achieve sustained performance improvement
Our consultants have a three tiered approach to the level of engagement required
| Tier 1 |
Expense reduction |
Training |
- Basic worker compensation management
- Dedicated consultant to provide advice and assistance for full 12 month insurance period
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- Review of ANZSIC rating classification
- Wage declaration audit and assistance
- Certificate of currency
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- Workers compensation education
- Deadline scheduling – workcover requirements
- Basic workers compensation kit
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| Tier 2 |
Expense reduction and premium forcasting |
Claims Management |
- Advanced workers compensation management
- Including Tier 1
- Dedicated consultant to provide advice and assistance for full 12 month insurance period
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- Premium forecasting
- Funding option available
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- Review of claims
- Review of claims estimates
- Claims training procedures
- Detailed claims kit
- Liaising with your insurer/Funding Manager
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| Tier 3 |
Expense reduction strategies |
Strategic Management |
- Comprehensive workers compensation management
- Including Tier 1 & 2
- Dedicated consultant to provide advice and assistance for full 12 month insurance period
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- Case Management reviews
- Claims estimates reviews
- Premium auditing
- Recovery auditing
- WorkCover Appeals
- Dealing/assisting with legal claims
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- Claims handling audit/assistance
- Insurance services audit
- Service agreements
- Premium Analysis
- Risk Management
- Premium projections
- Advice on Legislative updates and effects on clients
- ‘Understanding Workers Compensation premium calculations’ training
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Quick Quiz
Has your Workers Compensation Insurer rated your policy correctly according to your "Primary Business Activity"?
With the inception of the ANZSIC rating structure in 2001, the rating categories have increased from approximately 105 Tariff rates to over 550 WIC rates that can apply to your Workers Compensation policy. You could be paying more premium than you need to!
Are you declaring the correct components of your wage roll to allow your Insurer to calculate your Workers Compensation premiums correctly?
Recent changes to the Workcover Wages Definition Manual mean that some exclusions are no longer allowed. If you are declaring wages components that don't need to be, you are paying too much!
Are you managing your Workers Compensation Claims effectively?
Claims impact on all "Category A" employers' premiums. Major injuries or poorly managed claims can increase your premium for 3 years.
If you answered 'No' to any of these questions call our Workers Compensation Specialists today on 1800 000 001 or Fax 1800 505 675.
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