New Victorian insurance panel to manage workers comp

A new agent panel to manage Victorian workplace injury insurance claims and premium collection will take effect from 1 July 2016.

WorkSafe Victoria Chief Executive Clare Amies said the new agency agreement should improve services for Victorian employers and workers and ensure the sustainability of the workers compensation scheme.

“The makeup of the panel has been designed to provide the best possible balance of skills, capability and innovation to ensure that Victorian workers and employers continue to receive ever better service,” said Amies.

Agents manage WorkSafe insurance registrations and around 90,000 workers compensation claims each year, and are also required to provide guidance to workplaces, including how to achieve a safe return after injury.

WorkSafe’s new agent panel comprises:

• Allianz Australia Workers’ Compensation (Victoria) Ltd (Allianz)
• CGU Workers Compensation (Vic) Limited (CGU)
• Employers Mutual Vic Pty Ltd (EML)
• Gallagher Bassett Services Workers Compensation Vic Pty Ltd (GBS)
• Xchanging Integrated Services Victoria Pty Ltd (Xchanging)

Employers Mutual will replace QBE on the panel. The current agent panel will deliver services to workers and employers until contracts expire on 30 June.

WorkSafe said insurance registrations and claims currently managed by QBE will be moved to either Xchanging or Employers Mutual.

Originally published here.