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

    Latest news and insights

    IT outages such as the one involving CrowdStrike are likely to occur more often in the future. Businesses can prepare for such events by quantifying their cyber risk, creating plans that minimize the downtime of critical functions, and securing effective cyber insurance coverage.Protecting your business from IT outages

    Microsoft/CrowdStrike IT Outage

    Microsoft/CrowdStrike IT OutageMicrosoft/CrowdStrike IT Outage

    Expanding our National Footprint: Adelaide

    Lockton opens its first Adelaide office and announces the appointment of two highly regarded South Australian brokersLockton opens its first Adelaide office and announces the appointment of two highly regarded South Australian brokers

    Cyber Market Update - Hong Kong, July 2024

    Cyberattacks are on the rise with thousands affected by data breaches and related losses. The recent headlines in Hong Kong have shown us one important aspect about the attackers: They don't discriminate. Not just private businesses but also organizations in the public sector have recorded significant cyber incidents in the past two quarters. Owners, IT and legal teams are recommended to take action now, prioritize risk management and gain enough insurance coverage against cybercrime costs.Cyberattacks are on the rise with thousands affected by data breaches and related losses. The recent headlines in Hong Kong have shown us one important aspect about the attackers: They don't discriminate. Not just private businesses but also organizations in the public sector have recorded significant cyber incidents in the past two quarters. Owners, IT and legal teams are recommended to take action now, prioritize risk management and gain enough insurance coverage against cybercrime costs.
    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.

    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