Self-insurance offers the opportunity of better outcomes for injured employees, while employers incur lower costs. Self-insurers typically report a comparative saving of 30% or more against being insured
It must be understood that self-insurance is a long-term commitment. It should not be undertaken without an understanding of its obligations and the commitment required. Risk Strategies can help you understand what is required, whether you can self-insure and the practicability of doing it. We advise on costs, challenges, and importantly on the effort required.