NSW Premium Incentives Summary

NSW Premium Incentives Summary

NSW workers compensation has seen significant change in the last 24 months & it is difficult for businesses to stay updated. Under current NSW legislation, there are various different incentives that can reduce premiums payable. To make things easy we have summarised each incentive.

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Claim Review Saves Client $400,000

Claim Review Saves Client $400,000

After a new client engaged ABILITY GROUP to assist with a complex claim, our efforts secured a fantastic outcome that will save our client approx. $400,000 in premium increases. By the time we were involved,  solicitors and an arbitration date we already booked. The insurer had communicated very little to the client and what the injured worker was seeking through a settlement was a large amount that would have significantly impacted their premium.

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Claim Declinature

Claim Declinature

The Christmas – New Year period has historically proven to be a busy period for workers compensation. Due to a variety of reasons, we see a higher frequency of claims during this period. Last December and just before Christmas break / public holidays, one of our clients had a psychological claim lodged against them. The worker had been terminated two weeks prior to the claim being lodged.

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Australia’s Most Dangerous Industries

Australia’s Most Dangerous Industries

Australia's Most DangerousIrrespective of the size of your business or industry you work in, workplace risks exist. Businesses that adopt a proactive risk management approach will typically minimise workplace risks, injuries and claims. Regrettably accidents do occur and in tragic situations the death of a worker has impacts beyond the obvious. Fatalities in the workplace not only affect the immediate family, they also cause distress to colleagues, employers and friends. No worker nor their family should face the risk of not coming home from work. We promote it is essential all Australian workplaces take every precaution to ensure their employees return home safe at the end of every day. So what are Australia’s most dangerous industries and the common cause of fatalities?

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