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Lockton Australia celebrates its 10th anniversary

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Challenging traditional insurance broker and market structures

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Lockton believe that now is the time for organisations to challenge traditional insurance broker and market structures by not running workers’ compensation and personal accident policies in siloes. Whilst there are undeniable differences in the legislation ...
Read moreChallenging traditional insurance broker and market structures

Managing Injury Claims Successfully: Aged Care

Workers’ compensation has a reputation for being one of the biggest business costs in health and community services. Due to the nature of the job, health and aged care workers are at high risk of physical injury or illness, and mental and psychological issues. An increase in claims ultimately leads to an increase in premiums—and that is why it is critical for organisations to have effective and efficient claims management strategies for all injured employees, both work and non-work related. Now, a new report from Lockton, the 2022 People Insurance Outperformance Report, reveals why a consistent, coordinated, and targeted approach to injury management is critical to strong claims outcomes and lower insurance premiums. Workers’ compensation has a reputation for being one of the biggest business costs in health and community services. Due to the nature of the job, health and aged care workers are at high risk of physical injury or illness, and mental and psychological issues. An increase in claims ultimately leads to an increase in premiums—and that is why it is critical for organisations to have effective and efficient claims management strategies for all injured employees, both work and non-work related. Now, a new report from Lockton, the 2022 People Insurance Outperformance Report, reveals why a consistent, coordinated, and targeted approach to injury management is critical to strong claims outcomes and lower insurance premiums.

ASIC has companies on high alert for their cyber security

The ASIC vs RI Advice Group Pty Ltd case has put financial service organisations with insufficient cyber security protocols on alert How does ASIC’s decision impact the insurance market? What does it mean for organisations?The ASIC vs RI Advice Group Pty Ltd case has put financial service organisations with insufficient cyber security protocols on alert How does ASIC’s decision impact the insurance market? What does it mean for organisations?

Lockton Australia celebrates its 10th anniversary

Lockton Companies Australia (LCA), which now forms part of the broader Lockton Pacific (LP) business, will celebrate its 10th anniversary on 21 May. LCA launched in 2012 with just 23 employees (nine of whom are still with the company today), a head office in Perth, and a small complementary Sydney office. Fast forward a decade, and the LP business (rebranded in 2018) will have over 200 associates working across 10 offices, servicing Australia, New Zealand and the Pacific Islands, during FY23. Lockton Companies Australia (LCA), which now forms part of the broader Lockton Pacific (LP) business, will celebrate its 10th anniversary on 21 May. LCA launched in 2012 with just 23 employees (nine of whom are still with the company today), a head office in Perth, and a small complementary Sydney office. Fast forward a decade, and the LP business (rebranded in 2018) will have over 200 associates working across 10 offices, servicing Australia, New Zealand and the Pacific Islands, during FY23.
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