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.
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.
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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.
What value can we bring to your business?
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.
What products and services do you offer?
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.
What regions of the globe?
Lockton operates all over the globe through Lockton offices and a network of Lockton Global Partners.
Who can Lockton assist?
We can help with all M&A transactions from SME to large corporate.
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