Saltwater Insurance Consultants

In every individual State and Territory of Australia and Federally via Comcare, an opportunity exists for large organisations to obtain a Workers’ Compensation Self-Insurance Licence.  Obtaining a Self-Insurance Licence enables an organisation to effectively manage its own Workers’ Compensation risk and expenditure.

Each jurisdiction has established individual and distinct eligibility criteria that must be met to obtain a Self-Insurance Licence.

Saltwater Insurance Consultants can assist clients by identifying

• if Self-Insurance is a viable option;
• if Self-Insurance remains a viable option;
• ensuring a Self-Insurer is compliant (via Audits) with their conditions of Licence and Legislation; and
• assisting in the identification of continual improvement opportunities of existing Self-Insurers in their current management arrangements, systems and processes.

Common questions considered by organisations are:

Is Self-Insurance an option for our organisation?

State v Comcare

What is involved in managing a Self-Insurance Licence?