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.

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Alternative Risk Feasibility

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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

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    Craig Simpson

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

    General Inquiries

    Get in touch

    info.au@lockton.com

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

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    Lockton People Solutions FAQs

    What is Lockton People Solutions?

    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.

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