About self insurance

The legislative explanation of what is Self Insurance in Queensland is covered in Chapter 2 Part 4 Employers’ self-insurance of the Queensland Workers’ Compensation and Rehabilitation Act of 2003.

In short, Self Insurance allows an employer, under a licence, to provide their own accident insurance for their workers instead of insuring with Work Cover.

Licences are issued and regulated by the Workers’ Compensation Regulator. To obtain a Self Insurance licence an employer must meet various requirements relating to financial viability, size of operation (minimum 2000 employers), Occupational Health and Safety standards, and the ability to provide high quality Injury Management and claims administration.

An Employer must be deemed fit and proper to be a Self Insurer by the Workers’ Compensation Regulator. Check out the Workers’ Compensation Regulator website for more details in regards to Self Insurance licensing.

Association of Self Insured Employers of Queensland

PO Box 12046
George Street QLD 4003

asieq@asieq.com.au

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ASIEQ believes the opportunity to self insure provides a vehicle for managing the cost of workplace injuries that compliments & enhances an existing workplace culture to provide increased opportunities and incentives to prevent injuries and improve outcomes for injured workers.

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