Workers Compensation Insurance

Here at Trade Risk we don’t have any involvement in workers compensation insurance, but we’d still like to help you out with some information.

Workers compensation is a form of insurance which is used to protect your business and your staff financially if they are injured on the job.

We sometimes get sole traders calling us about workers comp. If you operate as a sole trader you will find that workers comp is not available to you. Instead what you want is income protection.

The way that workers comp is managed in each state differs, so we below we have detailed some information for each state and who you need to get in contact with.

Queensland

Workers compensation in the sunshine state is managed by WorkCover Qld, which is fully owned by the Qld Government.

All issues relating to workers comp including quotes and claims are managed directly by WorkCover Qld, and their website has some great calculators and information for employers.

Here at Trade Risk we are unable to assist with workers compensation for Qld businesses, and you must instead go through the state government body.

WorkCover Qld can be contacted on 1300 362 128, and more information can be found on their website at www.workcoverqld.com.au.

New South Wales

In NSW there are several agents who have been appointed by the state government to issue policies and handle claims etc.

Whilst Trade Risk does not have any involvement in workers comp for NSW, a number of the insurance companies we deal with do. We have detailed their contact details below:

[table]

Insurer,Website,Phone

Allianz,allianz.com.au,1300 130 664

CGU,cgu.com.au,1300 666 506

QBE,qbe.com.au,02 9375 4444

[/table]

If you require cover please contact the insurance company direct rather than contacting Trade Risk, as we will be unable to assist you.

You can find out more about NSW workers compensation by visiting the official website at www.workcover.nsw.gov.au.

Victoria

Businesses in Victoria can obtain their workers compensation insurance through the government owned WorkSafe Victoria, or through one the agents they have appointed.

The insurers that Trade Risk deals with who have been appointed agents include the following:

Although Trade Risk does have relationships with the insurers listed above, we are unable to assist with workers comp and you will need to contact the insurer or WorkSafe directly.

WorkSafe Victoria can be contact on 1800 136 089, and their website which contains plenty of good information is at www.worksafe.vic.gov.au.

South Australia

Like many other Australian states, businesses in SA must go through the state government owned provider of workers compensation insurance.

For South Australia this is WorkCover SA. They can be contact on 13 18 55 or you can visit their website at www.workcover.com for more information.

Western Australia

The Western Australian state government, via WorkCover WA, have approved a number of insurers to issue and manage workers compensation insurance in the state.

Of those approved in WA, there are four insurers that Trade Risk has dealings with:

At Trade Risk we do not deal in workers compensation insurance for WA businesses, and instead you should contact the insurers directly using the details above.

More information can be found on the WorkCover WA website at www.workcover.wa.gov.au or you can call them on 1300 794 744.

Tasmania

In Tasmania workers compensation is overseen by WorkCover Tasmania, and they have issued licenses to a number of insurance companies to provide insurance to Tasmanian businesses.

Of those insurers which have been issued licenses, the following four have relationship with Trade Risk.

Whilst we do have dealings with these insurers, we are not involved in workers compensation in Tasmania at all, and instead you should contact the insurers directly on the numbers listed above.

The WorkCover Tasmania website has more information and can be found at www.workcover.tas.gov.au. You can also contact them by phone on 1300 776 572.

Northern Territory

Workers compensation insurance for businesses based in the Northern Territory is issued by a number of insurers who have been approved by NT WorkSafe.

Trade Risk deals with the following insurers who have been approved by NT WorkSafe:

As with all other Australian states, here at Trade Risk we do not actually provide any services relating to workers comp. Instead you will need to contact the insurers directly.

You can contact NT WorkSafe for more information on 1800 250 713 or visit their website at www.worksafe.nt.gov.au.

Australian Capital Territory

WorkSafe ACT administer workers compensation in the Australian Capital Territory, and they have approved a number of insurers to issue policies and manage claims.

Below we have listed a number of approved insurers that Trade Risk have dealings with:

Here at Trade Risk we are unable to assist with workers comp, but if you contact one of the insurers listed above directly they will be happy to help you out.

More information for businesses in the ACT can be found on the official website at www.worksafe.act.gov.au. They can also be contacted by phone on 02 6207 3000.

Why Can’t Trade Risk Assist?

Because of the differing rules and regulations around Australia we made the decision not to get involved in workers compensation insurance.

The various government agencies and the insurers have worked together to create systems that make it easy for employers to get covered, so unlike public liability and other forms of insurance there is little point using a broker.

If you have tried contacting the government agencies and insurers directly and haven’t had any luck, feel free to call us and we’ll see if we can help.

Whilst we cannot provide advice on workers compensation, we will of course do anything we can to help our existing loyal clients.