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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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

    Manager, Workers' Compensation
    craig.simpson@lockton.com
    +61 414 637 205

    Latest news and insights

    As the Federal Government sets the stage for sweeping reforms with the NDIS Amendment Bill 2024, disability service providers are set to face both opportunities and challenges. In this article, we examine the latest updates on NDIS reform as well as some of the key potential risk and insurance implications likely to be encountered by NDIS providers during the reform process. Stay informed and prepared for the journey ahead with our expert insights.Navigating NDIS reform: potential risk and insurance implications for NDIS providers

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

    Amidst the ongoing discourse surrounding Victoria’s WorkCover Scheme Modernisation Act, attention has been drawn to what has been termed a "premium freeze”. But what does this term really mean? And how will the so-called premium freeze actually impact Victorian employers? In this arrticle, we explore these questions and provides valuable insights into what Victorian employers can actually expect at their upcoming workers' compensation renewal.Amidst the ongoing discourse surrounding Victoria’s WorkCover Scheme Modernisation Act, attention has been drawn to what has been termed a "premium freeze”. But what does this term really mean? And how will the so-called premium freeze actually impact Victorian employers? In this arrticle, we explore these questions and provides valuable insights into what Victorian employers can actually expect at their upcoming workers' compensation renewal.

    Aged Care Wage Increases: Risk and Insurance Perspectives

    The Fair Work Commission's decision to increase wages for aged care workers by up 28.5 per cent to is set to have a significant impact on the sector. From mitigating risks to navigating insurance challenges, we explore what we consider to be some of the key potential risk and insurance implications of the wage increases for aged care providers. Discover why leveraging the wage increases as a catalyst for positive change could enable aged care providers to strategically position themselves for long-term success amidst the sector's challenging landscape.The Fair Work Commission's decision to increase wages for aged care workers by up 28.5 per cent to is set to have a significant impact on the sector. From mitigating risks to navigating insurance challenges, we explore what we consider to be some of the key potential risk and insurance implications of the wage increases for aged care providers. Discover why leveraging the wage increases as a catalyst for positive change could enable aged care providers to strategically position themselves for long-term success amidst the sector's challenging landscape.

    Dan Chapman rejoins Lockton’s Trade Credit, Surety and Political Risk team

    Mr. Chapman was one of the founding members of Lockton Australia in 2012 and returns to the business having spent the past seven years running the Credit Solutions team for Aon in Australia which saw a four-fold increase during his tenure. Mr. Chapman was one of the founding members of Lockton Australia in 2012 and returns to the business having spent the past seven years running the Credit Solutions team for Aon in Australia which saw a four-fold increase during his tenure.
    See all news and insights

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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

    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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