SIRA announces Workers Compensation Review
The State Insurance Regulatory Authority (SIRA) has commissioned a thorough review of the current workers compensation scheme in NSW, primarily to review the performance of the nominal Insurer (icare) and its Agents (EML, Allianz & GIO).
As a leading and highly regarded Workers Compensation Broker, WSIB have been requested to participate in this review and provide a written submission to SIRA which shares our views, experiences and insights on the operation and management of the scheme. Our submission will include a review and opinion on matters such as trends in liability valuations, costs and decisions, premium setting and calculations, operational reforms and risk management, return to work rates, data quality, customer service and complaints.
As a valued client, who may have been affected, positively or negatively, by the introduction of the new scheme in 2015, we would like to extend to you the opportunity to participate in our submission by sharing your own views, experiences and insights. Please note that we encourage supporting evidence and specific examples where possible that relate to the matters referred above.
Please further note that SIRA is not seeking current and unresolved individual complaints regarding a policy or claim and as such matters of this nature should be referred directly to your WSIB Account Executive or to Tracy Sutton (National Workers Compensation Manager) at firstname.lastname@example.org
All submissions should be sent to us at WCClaims@wsib.com.au by no later than 7th June 2019.