Lockton has in excess of 25 years experience in assisting large corporations determine whether self-insurance or Comcare is the suitable workers compensation insurance option.

— PEOPLE SOLUTIONS

Workers' Compensation Self Insurance

Contact Us

Our Self-Insurance Pathway

    Lockton has in excess of 25 years experience in assisting large corporations determine whether self-insurance or Comcare is the suitable workers compensation insurance option.

    Why Self-Insurance  Workers’ compensation remains one of the largest insurance costs for employers and self-insurance can provide significant cost savings. Employers who implement a best practice framework for safety, injury and claims management can see improved cash flow benefits.

    The Roadmap to Self-Insurance  Lockton propose a 4-step process for organisations to become and maintain self-insurance. Each step requires complete buy in from a company to ensure a seamless transition out of your relevant workers’ compensation scheme.

    The Purpose of Self-Insurance  Self-insurance allows an employer to carry their own financial risk and not be burdened by poor performing clients within their industry across state-based schemes. Clients are responsible for the management of their own claims and the payment of their claim liabilities.

    Lockton Self-Insurance Road Map

    The Lockton Self-Insurance Roadmap black background

    Our services

    We’re more than an insurance broker - we’re specialist risk consultants.

    Your people are unique - the way you look after them should be too. We combine global reach and expertise with a family business mentality, working with you - not around you - to build a benefit package that reflects your employees and truly sets you apart.

    WORKING WITH LOCKTON

    • Most experienced self-insurance team within Australia that work independently for our clients best interests

    • Provide our clients with a governance framework that will ensure the successful running of your self-insurance program

    • Ensure your people are your number one focus and that your balance sheet is a close second

    Key contacts

    Placeholder image

    Rachel Watson

    Head of Workplace Risk
    rachel.watson@lockton.com
    +61 478 998 262

    Placeholder image

    Christina Italiano

    National Manager, Claims & Injury Management

    Placeholder image

    Damien Charleston

    National Manager - Workers Compensation

    General Inquiries

    Get in touch

    info.au@lockton.com

    Latest from Lockton

    All new technologies carry risks when introduced on an enterprise level. Artificial intelligence (AI) is no exception, and directors and officers may find themselves in the crosshairs should negative repercussions arise from the use of such tools. To be prepared for the potential regulatory scrutiny or claims activity that comes along with the introduction of a new technology, it is imperative that boards carefully consider the introduction of AI, and ensure sufficient risk mitigation measures are in place. AI risks: what directors and officers need to know

    AI risks: what directors and officers need to know

    article
    All new technologies carry risks when introduced on an enterprise level. Artificial intelligence (AI) is no exception, and directors and officers may find themselves in the crosshairs should negative repercussions arise from the use of such tools. To be prepar ...
    Read moreAI risks: what directors and officers need to know

    Ensuring business resilience in a polarised world

    Businesses need to adjust to a world where accelerating geopolitical shifts are becoming the new norm. Remaining agile and adaptive in a polarised world will be a precondition for success going forwards.Businesses need to adjust to a world where accelerating geopolitical shifts are becoming the new norm. Remaining agile and adaptive in a polarised world will be a precondition for success going forwards.

    New business appetite for cargo risks at record levels

    After several years of post-pandemic recovery and trading uncertainties, the beginning of 2025 has seen an increase in market participants that has led to insurance capacity reaching an all-time high. This comes despite ongoing challenges in the broader economic and geopolitical landscape. After several years of post-pandemic recovery and trading uncertainties, the beginning of 2025 has seen an increase in market participants that has led to insurance capacity reaching an all-time high. This comes despite ongoing challenges in the broader economic and geopolitical landscape.

    Multinational companies: navigating diverging regulatory environments

    US President Donald Trump has recently issued several executive orders governing federal policy that are diverging from regulations in other jurisdictions in the Western world. This is creating a more challenging environment for multinational companies to navigate, raising the risk of companies failing to comply and thereby increasing the likelihood of directors' and officers' liability (D&O) related claims. The US government’s initiatives focus on corporate policies related to diversity, equity, and inclusion (DEI), but anti-bribery and environmental, social and governance (ESG) policies may also be impacted.US President Donald Trump has recently issued several executive orders governing federal policy that are diverging from regulations in other jurisdictions in the Western world. This is creating a more challenging environment for multinational companies to navigate, raising the risk of companies failing to comply and thereby increasing the likelihood of directors' and officers' liability (D&O) related claims. The US government’s initiatives focus on corporate policies related to diversity, equity, and inclusion (DEI), but anti-bribery and environmental, social and governance (ESG) policies may also be impacted.
    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

    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.

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