Workers’ compensation premiums can be a significant concern for businesses, especially where unbudgeted developments occur. For businesses that choose to self-insure, the decision can deliver the added benefit of providing strong incentives to control workers’ compensation losses through disciplined safety management and injury prevention practices.

Partnering with a self-insurance specialist such as Gallagher Bassett (GB) means that you can be sure that you will be able to realise the available financial benefits.

Our Self-Insurance Team has a tremendous track record of successfully implementing and supporting self-insured organisations in all jurisdictions, including property and motor, to reduce the cost of managing their property portfolios and motor fleets. Our services improve the total cost of claims, reduce risk, control costs, and ease our clients’ self-insurance administration burden.

Self-Insurance solutions include:

• Regulator-focused licence and insurance consolidation advice
• Bespoke claims management to support either complete or partial claims outsourcing
• Robust governance programme to satisfy audit obligations, improve risk control initiatives and support the organisation’s risk plan
• Business insights through performance and system reporting capabilities

WHY PARTNER WITH GB

• Robust cost containment strategies to control spending and reduce portfolio liabilities
• Award-winning corporate governance framework to provide peace of mind around business risk, service-level agreement adherence, and contractual compliance
• Best practice customer service initiatives to protect your brand and enhance your reputation
• Proactive oversight of portfolio performance and trending to assist underwriting modelling

By developing a thorough understanding of your business, we create solutions that continuously adapt to your business. Get in touch with our team to learn more about GB’s self-insured programme management options.