Workers’ Compensation is often the largest insurance spend for employers, with significant impacts on cash flow. Lockton can assist with both risk financing, which doesn’t impact your ability to access other funding, as well as negotiations with insurers and regulators to put in place plans to reduce the burden on your business.

— PEOPLE SOLUTIONS

Funding & Risk Financing

Contact Us

Keeping you in charge of cash flow

    Workers’ Compensation is often the largest insurance spend for employers, with significant impacts on cash flow, as many policies have upfront payment expectations, or discounts available for early payment. Premium Funding can be utilised to conserve and manage cash flow, and the interest cost is usually tax deductible. Premium Funding agreements are generally not secured by business assets, which frees up working capital to allow you to get on with running your business, without tying up your existing facilities. Lockton can assist with organising competitive quotes for risk financing, as well as negotiations with insurers and regulators to put in place plans to reduce the burden on your business.

    Key contacts

    Placeholder image

    Craig Simpson

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

    General Inquiries

    Get in touch

    info.au@lockton.com

    Latest from Lockton

    Victoria’s new Psychological Health Regulations take effect on 1 December 2025. This article outlines the key compliance obligations and provides a step-by-step action plan for employers to identify risks, update procedures, and meet legal requirements.Victoria’s new psychological health regulations take effect on 1st December: Is your organisation prepared?

    Victoria’s new psychological health regulations take effect on 1st December: Is your organisation prepared?

    article
    On 30 September 2025, WorkSafe Victoria released its long-awaited Occupational Health and Safety (Psychological Health) Regulations 2025 ("the Regulations"). The new Regulations will come into effect on 1 December 2025, giving Victorian employers a narrow wind ...
    Read moreVictoria’s new psychological health regulations take effect on 1st December: Is your organisation prepared?

    Navigating fleet risk in Australia: Insurance innovation for a changing landscape

    In Australia’s fast-paced delivery, haulage and transportation sector, operating a fleet of heavy goods vehicles, presents a complex risk environment. For 3PL businesses moving materials across cities or remote regions, each delivery carries more than goods -it carries legal, financial, and reputational risk. From rising motor collision claims to new regulatory pressures, transportation/fleet operators today face a new era of fleet risk. Understanding how to protect your assets and your business requires not just insurance, but insight. In Australia’s fast-paced delivery, haulage and transportation sector, operating a fleet of heavy goods vehicles, presents a complex risk environment. For 3PL businesses moving materials across cities or remote regions, each delivery carries more than goods -it carries legal, financial, and reputational risk. From rising motor collision claims to new regulatory pressures, transportation/fleet operators today face a new era of fleet risk. Understanding how to protect your assets and your business requires not just insurance, but insight.

    Risks for food manufacturers and producers: Why risk management is now a boardroom issue

    Australia’s food manufacturing sector is a dynamic and high-stakes environment. From contamination events to supply chain fragility, bakery, confectionery, frozen food and ready-meal producers all operate in an environment where one misstep can hit margins, brand value and customer trust. The sector has always been competitive, but the risk landscape has become more complex. Shifting consumer preferences, the effects of climate change, and growing reliance on technology means producers are juggling more moving parts than ever before. The reality is clear. Resilience is no longer just an operational concern, it’s a boardroom issue. Australia’s food manufacturing sector is a dynamic and high-stakes environment. From contamination events to supply chain fragility, bakery, confectionery, frozen food and ready-meal producers all operate in an environment where one misstep can hit margins, brand value and customer trust. The sector has always been competitive, but the risk landscape has become more complex. Shifting consumer preferences, the effects of climate change, and growing reliance on technology means producers are juggling more moving parts than ever before. The reality is clear. Resilience is no longer just an operational concern, it’s a boardroom issue.

    Data centre downtime: Utility infrastructure dependencies

    Property owners and investors are betting big on data centres, but utility and infrastructure risks could quietly erode the success of these projects if left unaddressed.Property owners and investors are betting big on data centres, but utility and infrastructure risks could quietly erode the success of these projects if left unaddressed.
    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
    culture-quote-tiernan

    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.

    We can help with all M&A transactions from SME to large corporate.

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