by ABILITY GROUP | Jun 6, 2019 | Claim costs, Premium, Workers Compensation
Workers’ compensation in New South Wales (NSW) has traditionally focused on physical injuries. However, psychological injury claims have doubled in the past six years, reflecting greater awareness of mental health and workplace stress. This has led to a sharp...
by ABILITY GROUP | Nov 1, 2018 | Premium
Overdue premium adjustments are a critical issue for businesses, as they directly affect compliance, cash flow, and client trust. Employers and policyholders must understand how insurance premium adjustments work, why delays occur, and how to manage them effectively...
by Marc Ring | May 12, 2017 | Appeal, Claim costs, Claim management, Consulting, Premium, Success Story, Workers Compensation
ABILITY GROUP recently achieved a landmark outcome for a client, saving them $400,000 in premium costs through a meticulous claim review and arbitration process. When engaged, ABILITY GROUP immediately escalated the claim to senior insurer levels, recognising its...
by Marc Ring | Mar 27, 2017 | Premium, Reforms, Workers Compensation
The New South Wales (NSW) Government has introduced significant reforms to the workers’ compensation system through iCare. These changes aim to strengthen financial sustainability, improve support for injured workers, and align compensation with modern workplace...
by Marc Ring | Feb 7, 2017 | Premium, Wage Audits, Workers Compensation
Like other audits, a workers compensation wage audit can be very stressful & confronting. Businesses face having to pay higher unpaid premiums, late payment fees & the actual audit costs. We assist businesses of all sizes either pre or post wage audits reduce...
by Marc Ring | Jun 24, 2016 | Consulting, Premium, Reforms, Workers Compensation
In the last 12 months, the NSW workers compensation industry has experienced dramatic change. As we approach 30 June 2016, it should be relieving for businesses to know that for there are no changes for workers compensation WorkCover Industry Classification (WIC)...
