Articles

The Victorian Workers' Compensation ‘Premium Freeze’: when a freeze is not a freeze

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Insights

There is always something exciting happening at Lockton. Here are just a few from our newsroom.

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Articles

The Victorian Workers' Compensation ‘Premium Freeze’: when a freeze is not a freeze

After undergoing rigorous political negotiations, the Workplace Injury Rehabilitation and Compensation Amendment Act 2023, also referred to as the "WorkCover Scheme Modernisation Act", successfully traversed Victoria's parliament, obtaining Royal Ass …

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Articles

Aged Care Wage Increases: Risk and Insurance Perspectives

Following a Fair Work Commission (FWC) Work value case spanning over three years, aged care workers have been granted a significant wage rise of up to 28.5 per cent across the entire sector. This decision by the FWC will no doubt bring immense relief …

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Articles
Product Recall

Product recall: mitigating against labelling and packaging errors

Errors in the labelling and packaging process are one of the main drivers of product recalls in the global food and drink sector. Where such events occur, their impacts for businesses can be devastating – including consumer harm, financial loss, and  …

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Case Studies

The New Aged Care Bill 2023: Risk and Insurance Perspectives

With legislative changes poised to reshape the sector, it is imperative for aged care providers to grasp the potential risk and insurance implications of the forthcoming legislation. Through our latest report, "The New Aged Care Bill 2023: Risk and  …

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Articles

Excess of Loss (XOL) Insurance: Renewal Guide 2024

As the Excess of Loss (XOL) insurance market continues to evolve, self-insurers are facing unique challenges that demand proactive adaptation. With limited providers and changing requirements for self-insurers, ensuring continuity of coverage require …

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Articles
Real Estate & Construction

The risk evolution of automated storage systems

The risk evolution of automated storage systems The world of storage and distribution is changing. To improve operational efficiency, operators are seeking ways to optimise space utilisation, increasing both the height and/or density of storage with  …

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