For a large number of employers there are alternatives to the standard workers’ compensation in each jurisdiction. Lockton are experts at helping you explore those opportunities by determining eligibility, feasibility and the potential risks and rewards from the available options.

PEOPLE SOLUTIONS

Alternative Risk Feasibility

Contact Us

Taking control of your future

    Workers’ compensation is a highly regulated social insurance, which for many employers feels like a restriction on the possibility for success for workers and financial outcomes.

    For a large number of employers there are alternatives to the standard workers’ compensation in each jurisdiction, either in the form of self-insurance (either state based or National), or in other “burning cost” alternatives such as LPR, LEAP and RPL.

    Lockton are experts at helping you explore those opportunities by reviewing your data, performance and future trajectory and determining the eligibility, feasibility and the potential risks and rewards from the available options and presenting the outcomes to your management for clear decision making, and to assist in transition should alternatives be decided upon.

    Our services

    • Burning Costs Analysis & Feasibility

    • LEAP Analysis & Feasibility

    • RPL Analysis & Feasibility

    • LPR Analysis & Feasibility

    • Comcare Analysis & Feasibility

    • Self-Insurance Analysis & Feasibility

    Key contacts

    Placeholder image

    Craig Simpson

    National Manager - Premium Strategy & Analytics
    craig.simpson@lockton.com
    +61 414 637 205

    Latest from Lockton

    The purpose of Professional Indemnity (PI) insurance is to provide indemnity to an insured for legal liability to a third party who suffers loss as a result of the provision of the defined and declared professional service. Under the insurance policy, the insured normally also receives indemnity for the costs of investigation and defence of claims.

Importantly, PI insurance can be tailored to the professional group covered. Typically, PI insurance may include optional extensions of cover for a range of matters, including indemnity for consequential loss for an additional premium.
What insurance buyers need to know about Consequential Loss explained in three minutes

    The 60-Second Executive Brief: Property Insurance Market Update (April 2025)

    The 60 Second Executive Brief Property Insurance Market Update delivers a concise executive-level overview of current market conditions, including pricing trends, capacity developments, and strategic considerations to support informed decision-making.The 60 Second Executive Brief Property Insurance Market Update delivers a concise executive-level overview of current market conditions, including pricing trends, capacity developments, and strategic considerations to support informed decision-making.

    Preparing for the new Aged Care Act: Risk and insurance implications of cost recovery and regulatory changes

    The Aged Care Quality and Safety Commission (ACQSC) recently released a consultation paper outlining plans to expand and increase fees charged to aged care providers to fully recover the costs of regulation under the new Aged Care Act, coming into force on 1 July 2025. This article explores the potential risk and insurance implications, including the impact on D&O and statutory liability insurance.The Aged Care Quality and Safety Commission (ACQSC) recently released a consultation paper outlining plans to expand and increase fees charged to aged care providers to fully recover the costs of regulation under the new Aged Care Act, coming into force on 1 July 2025. This article explores the potential risk and insurance implications, including the impact on D&O and statutory liability insurance.

    Five risk considerations for your next storage asset project

    The storage asset market has remained resilient into 2025 driven by increased uptake in self-storage and large-scale industrial storage facilities.The storage asset market has remained resilient into 2025 driven by increased uptake in self-storage and large-scale industrial storage facilities.
    See all news and insights

    We're here to help

    Our People solutions team bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

    Talk to our team

    Lockton People Solutions FAQs

    Lockton believes every business maximizes their potential when their people maximize theirs. That’s why we help our clients make their business, and their people’s lives, better. We know employers need solutions that help balance attracting and retaining talent, manage costs and promote employee well-being. Lockton helps guide clients to people solutions that drive employee understanding, engagement and satisfaction; incorporate competitive total rewards and benefits packages; and manage and measure the effectiveness of your programs.

    We work with every client thinking about how we can best improve your employee experiences to drive engagement, understanding, satisfaction and productivity; design total rewards and benefits that increase perceived value and help attract and retain talent, while controlling costs; and help you make information-based decisions, measure and manage your programs, while driving a competitive business advantage amid an increasingly complex landscape.

    Lockton delivers a full suite of solutions in the following areas: employee experiences and engagement, total rewards and benefits, and management and measurement.

    Lockton is privately owned, which allows teams to prioritize client business. Our Associates are empowered to go above and beyond to help their clients succeed and the entrepreneurial culture at Lockton fosters data-driven solutions, solving problems faster and more efficiently.

    Lockton operates all over the globe through Lockton offices and a network of Lockton Global Partners.

    Click here (opens a new window) to go back to the People Solutions Homepage