by Marc Ring | May 23, 2017 | Claim management, Workers Compensation
In April 2017, icare made a landmark announcement regarding the future of the NSW Workers Compensation scheme. From 1 January 2018, EML (Employers Mutual Limited) was appointed as the sole agent for new claims, marking a significant shift in the industry. A Major...
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 | Apr 26, 2017 | Uncategorized
On 26 April 2017, Insurance & Care NSW (icare) announced significant changes to the NSW workers’ compensation scheme, reshaping the way claims would be managed from 2018 onward. This announcement followed CGU’s earlier decision to exit the scheme, prompting icare...
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 | Mar 13, 2017 | Reforms, Workers Compensation
A NSW Parliamentary review of Workers Compensation Scheme has been released providing recommendations to improve the NSW scheme. The report revealed the scheme is $1.87B in surplus, claims have reduced materially (110,000 in 2011/12 to 60,000 in 2015/16). The...