by ABILITY GROUP | Apr 25, 2022 | Premium, Workers Compensation
The NSW Government has instructed icare to limit the average premium rate increase for NSW workers compensation to 2.9 per cent, ensuring predictability and stability for businesses. For 2022-23 NSW workers’ compensation renewals, the average premium will rise from...
by ABILITY GROUP | Feb 14, 2022 | Workers Compensation
icare announced a change to premium payments, allowing policyholders to pay monthly if renewal premiums exceed $1,000. With this newly implemented change, icare will no longer offer quarterly instalment payment plans as an option. The shift to monthly instalments will...
by ABILITY GROUP | Aug 18, 2019 | Uncategorized, Workers Compensation
Workers compensation is typically one of the largest costs for a business. If not actively monitored/managed your premium can increase quickly. Embedding HR, WHS & staff well-being strategies in your workplace can help ensure affordable premiums. Reducing Workers...
by ABILITY GROUP | Jun 17, 2019 | Claims, Workers Compensation
The State Insurance Regulatory Authority (SIRA) have commissioned an independent review of the performance and compliance of the NSW Workers Compensation Nominal Insurer – icare. NSW Nominal Insurer icare Review Since driving significant change across NSW...
