Gallagher Bassett Reports $298M Workers’ Comp Claims Savings in South Australia

Gallagher Bassett entered the South Australian workers’ compensation market in early 2013 and reports an actuarial release on claims liability of $298 million in the workers’ compensation market for the 2013/2014 financial year. The release can be attributed to active claims management and a marked increase in return to work rates.

Gallagher Bassett has focused on bringing national experience and new ideas to managing workers’ compensation. GB engaged in initiatives proposed by WorkCover SA.

The company reports:

Proactive claims management, better application of the law and a greater focus on return to work outcomes resulted in decreased workers’ compensation costs, while improving outcomes for workers, the company noted.

Source: Gallagher Bassett