WORKERS COMPENSATION
Workers Compensation Premium & Policy Management
Premium & policy management
Discuss your priorities
THE SERVICE
Workers Compensation Premium & Policy Management: practical support for employers
Workers compensation premium and policy management examines the information and arrangements behind your insurance costs. ABILITY GROUP helps Australian employers understand changes, identify matters requiring attention and prepare for renewal or business change. We consider policy and premium questions alongside relevant claims and operational information, rather than assuming that one factor explains the whole position.
HOW WE CAN HELP
What our support can cover
Premium information and cost drivers
Review relevant premium documents and movements to identify the factors that need explanation and the information required for a useful discussion.
Policy structure and business activities
Consider whether policy details and recorded activities reflect the organisation, including changes in operations or the way the business is structured.
Classification reviews
Examine the basis for an industry classification and identify questions or discrepancies to raise with the appropriate insurer or authority.
Remuneration and declarations
Review relevant wage and workforce information within scope and support clarification of declaration questions with the responsible parties.
Renewal and change planning
Help organise the review of information before renewal, expansion, acquisition, restructuring or another material change to the business.
Options and service arrangements
Discuss whether the circumstances warrant a further review of available scheme arrangements, insurer services or specialist licensed advice.
WHEN TO GET SUPPORT
When this service can help your business
Your premium has risen unexpectedly
Wages, business activities, claims experience and scheme settings may interact differently across jurisdictions. We help examine the relevant information and identify the questions that need to be tested.
You are uncertain about the classification
A classification question should be considered against the actual business activities and applicable scheme. We can review the information and help organise the supporting enquiry or response.
Renewal is approaching while the business is changing
A business transaction, new contract or workforce change may create additional questions. Specialist review can help bring the policy and premium implications into the planning discussion.
AGREED OUTPUTS
What you can expect from the engagement
A focused engagement may provide an explanation of relevant movements, matters requiring verification, a review of selected policy or wage information and a prioritised renewal action list. We can help coordinate follow-up with your insurer, broker, payroll team or other adviser. Final classifications, premium calculations, policy terms and eligibility for scheme options are determined under the applicable arrangements.
How we work with your team
We first clarify the premium concern, locations and relevant deadline. Agreed policy, remuneration, claims and business information is then reviewed in context. We discuss findings and possible next steps with your team, identifying where further evidence, insurer clarification or specialist advice is required. Ongoing support can be considered when renewal and claims priorities need continuing oversight.
WHY ABILITY GROUP
Why work with ABILITY GROUP?
Since 2012, ABILITY GROUP has brought together employer advice, injury management, workplace safety and health services. We can connect the relevant expertise around your priorities, work alongside your existing team and provide practical follow-through within an agreed scope.
QUESTIONS EMPLOYERS ASK
Workers Compensation Premium & Policy Management FAQs
Why has our workers compensation premium increased?
The reasons depend on the scheme and your business. Relevant factors may include remuneration, classification, business activities, claims experience and scheme settings. A review examines your actual information rather than assuming that an increase has a single cause.
Can you review our workers compensation industry classification?
Yes. ABILITY GROUP can discuss the business activities, current classification and supporting information, then identify questions for the insurer or authority. A review does not itself change the classification or guarantee that a different rate will apply.
Can you help before and after renewal?
Yes. A review can support renewal planning, but it can also be useful after a material business change, a premium movement or a question about current arrangements. The issue and available time determine the appropriate scope.
Can you review alternative scheme or premium arrangements?
We can discuss whether a further review is relevant, including arrangements such as loss prevention and recovery or other options available under a particular scheme. Eligibility, costs and suitability vary, and any required licensed advice must be obtained from the appropriate adviser.
Do you place insurance policies or act as our insurance broker?
This page describes employer-side premium and policy consulting. We can work with your existing insurer, broker and other advisers. Any activity requiring an insurance licence or specific authorisation must be handled by an appropriately authorised party.
Can claims improvements affect future premiums?
They can under some scheme calculations, depending on the information and time periods used. We consider relevant claims experience in context and can connect premium questions with claims and return to work support where that would help.
Can you guarantee savings or a premium refund?
No. A review can identify potential discrepancies and improvement opportunities, but outcomes depend on the evidence, scheme and relevant decision-maker. We explain what needs to be checked and the practical steps that may be available.
RELATED SERVICES
Related support for your organisation
Discuss the support your business needs
Tell us about your organisation, the issue you want to address and any decision or timeframe that matters. We will discuss a suitable starting point and scope of support.
Call (02) 9098 5500 or request a complimentary business review.
Further information
icare: understanding your premium (NSW)
Guidance and service arrangements depend on the relevant jurisdiction and circumstances. NSW resources are provided as NSW references.