A corporate Private Health plan allows employers to provide a valued employee benefit, add further value to their employee population, and engage with employees in a meaningful way. Importantly, it reflects positively on the organisation’s culture and serves toward attracting, retaining, and nurturing top talent.

PEOPLE SOLUTIONS

Private Health

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Provide peace of mind with healthcare when and where it's needed.

    A Private Health plan provides employers with security and peace of mind in knowing that should their employees require treatment, their private health insurance can allow them to seek treatment sooner, recover sooner, and ultimately return to work sooner.

    A corporate Private Health plan allows employers to provide a valued employee benefit, add further value to their employee population, and engage with employees in a meaningful way. Importantly, it reflects positively on the organisation’s culture and serves toward attracting, retaining, and nurturing top talent.

    Lockton is highly qualified in creating new or improving existing corporate Private Health plans. Our key objective is to ensure that our clients’ Private Health plan is aligned to their employee benefits philosophy and delivers the best possible value at both an individual and organisational level.

    Lockton assists organisations with the selection and placement of the most appropriate Private Health insurer/s to support their employee benefits program. We also assist in the creation and management of marketing and communication plans to ensure maximum employee awareness and ongoing engagement within the employee benefit.

    We are highly experienced in implementing and managing all corporate Private Health plans and operating models available in the Australian market including and not limited to:

    Employee funded Private Health insurance plans through:

    -A panel of insurers providing employees with choice of insurers

    -An exclusive insurer which can deliver enhanced and best possible corporate benefits

    Employer funded Private Health insurance plans including:

    -Fully subsidised plans

    -Partially subsidised and co-funding plans providing employees with optional top up options

    Our services

    • Review of current Private Health plan and market alternatives

    • Tender management, broking and placement of the Private Health plan

    • Develop and manage employee engagement and communication plans

    • Report on plan performance and employee engagement

    • Administration support in the ongoing management of the plan

    • Resolution of complex and client specific requirements

    • Updates on market and legislative changes

    Key Contacts

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    Carmine Cocca

    Head of Private Health
    carmine.cocca@lockton.com
    +61 459 153 420

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    Spencer Keylock

    National Relationship Manager
    spencer.keylock@lockton.com
    +61 447 208 708

    Latest news and insights

    Organizations across the globe are facing an increased exposure to sexual misconduct liability (SML) claims. This is due to increased awareness and reporting following the #MeToo Movement.Addressing risks associated with sexual misconduct liability

    Are you aware of your current and emerging risks?

    In today’s rapidly changing business environment, understanding your current and emerging risks is essential. Did you know that, according to industry research from the Chartered Institute of Loss Adjusters, 43% of Business Interruption policies are thought to be under-insured by more than 50%? This is just one example of how misjudging your risk exposure can have serious financial consequences.In today’s rapidly changing business environment, understanding your current and emerging risks is essential. Did you know that, according to industry research from the Chartered Institute of Loss Adjusters, 43% of Business Interruption policies are thought to be under-insured by more than 50%? This is just one example of how misjudging your risk exposure can have serious financial consequences.

    Lockton Acquires AXIS Financial Group's Corporate Superannuation and Insurance Portfolio

    Lockton has acquired the Corporate Superannuation and Insurance client portfolio from AXIS Financial Group (AXIS). The acquisition positions Lockton uniquely in the market, allowing them to offer comprehensive employee benefits consulting and end-to-end solutions that enhance the success of their clients.Lockton has acquired the Corporate Superannuation and Insurance client portfolio from AXIS Financial Group (AXIS). The acquisition positions Lockton uniquely in the market, allowing them to offer comprehensive employee benefits consulting and end-to-end solutions that enhance the success of their clients.

    Are FinTechs cyber-risk ready? The sector is under increased vulnerability from evolving threat actors

    According to an article published by SecurityBrief, 2024 saw a number of phishing attacks involving the impersonation of financial institution representatives. 

However, correctly leveraging AI-driven tools within security teams will be crucial in establishing cyber resilience for organisations. 

Thoe organisations that effectively integrate AI into their cybersecurity strategies will be more advantageous in protecting their IP, data and systems from rapid proliferation of threats.  

Following the Cybersecurity Act and Privacy Act Reforms from the end of 2024, we anticipate that data exposure will continue to be a focus for 2025 with regulatory updates expected later this year.  

Safeguarding personal information will need to be a top priority for organisations, especially those holding mass data, this is likely to intensify as threat actors mature. According to an article published by SecurityBrief, 2024 saw a number of phishing attacks involving the impersonation of financial institution representatives. 

However, correctly leveraging AI-driven tools within security teams will be crucial in establishing cyber resilience for organisations. 

Thoe organisations that effectively integrate AI into their cybersecurity strategies will be more advantageous in protecting their IP, data and systems from rapid proliferation of threats.  

Following the Cybersecurity Act and Privacy Act Reforms from the end of 2024, we anticipate that data exposure will continue to be a focus for 2025 with regulatory updates expected later this year.  

Safeguarding personal information will need to be a top priority for organisations, especially those holding mass data, this is likely to intensify as threat actors mature.
    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.

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