Workers Compensation
We have service offerings which cater to underwriters of workers compensation (privately underwritten jurisdictions) and agents for the large schemes (centrally funded jurisdictions).
If you are a private underwriter, we can assist with –
- valuation of insurance liabilities
- pricing – drawing on the work we do for regulators in these jurisdictions our pricing assistance could include average premium rate determination for your portfolio, relativities between industry segments and segmentation analysis to
- identify better/worse-performing segments of your book
- experience monitoring, including comparison of your claims experience to that of the market as a whole.
If you are a claims agent, we can assist with:
- understanding the agent remuneration framework and your profitability under different claims outcome and staff level scenarios
- development of monitoring tools to provide timely information on the performance measures (such as return to work) that drive remuneration
- design and implementation of claims management strategies.
We also consult to specialist workers compensation insurers and large corporates who self-insure their workers compensation liabilities.
Our services for workers compensation insurers
Reserving
Pricing
Capital & Enterprise Risk Management
Management Consulting
- Establishing As An Insurer and Regulatory Compliance (AUS)
- Industry Benchmarking
- Strategy and Operations
- Market Entry
- Claims Management
- Individual Solutions
Contact us
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Karen Cutter+61 2 8252 3386 Scan the tag for Karen’s vCard |
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