Self Insurance
Our Services
- Undertake actuarial valuation of self insured liabilities
- Calculate the corresponding bank guarantee
- Feasability studies
- Workers Compensation Licensing
We Can
- Work with you to satisfy accounting and regulatory requirements
- Help you improve your claims experience
Accounting standards require self insurers to set aside a provision in their accounts to cover their liability for self insured claims incurred prior to the balance date. In addition workers compensation self insurers are required to provide regulators with an actuarial valuation of their self insured outstanding claims liabilities on an annual basis – including a calculation of the corresponding bank guarantee required to secure the liabilities.
We provide clear, concise and easy to read valuation reports which satisfy both accounting and regulatory requirements. Through the valuation process we work with you to identify ways to improve your claims experience through understanding of the key drivers of claim costs.
Contact us
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Mark Hurst+61 2 8252 3358 Scan the tag for Mark’s vCard |
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