Under section 145 of the Workers Compensation Act 1951, insurance companies wishing to provide workers compensation insurance must gain approval from the Minister.
For any further information of approved insurers or details of the rights and responsibilities of employers or workers, you should contact WorkSafe ACT on (02) 6207 3000.
Current Approved Insurers
There are seven insurers currently approved to provide private sector workers' compensation insurance in the ACT. Currently these are:
GPO Box 262
CANBERRA ACT 2601
55 Wentworth Avenue
KINGSTON ACT 2604
Ph: 132 664
GUILD INSURANCE LTD
PO Box 36
DEAKIN WEST ACT 2600
31 Thesiger Court
DEAKIN ACT 2600
Ph: (02) 6124 2222
GPO Box 3147
CANBERRA CITY ACT 2601
Level 1 Favier House
51 Cooyong Street
BRADDON ACT 2601
Ph: (02) 6201 9884
PO Box 1008
CIVIC SQUARE ACT 2608
220 Northbourne Ave
BRADDON ACT 2612
Ph: (02) 6201 3333
GPO Box 811
Level 1 92 Northbourne Ave
Ph: (02) 6240 4790
GPO Box 801
99 Northbourne Ave
TURNER ACT 2612
Ph: (02) 6247 3766
Fax: 1800 077 741
PO Box 15
WODEN ACT 2606
Cnr Brewer Street &
Ph: 13 10 10
Under section 151 of the Workers Compensation Act 1951 (the Act), the Minister may exempt an employer from maintaining a workers’ compensation policy with an approved insurer.
The Minister may exempt an employer from this requirement, only if satisfied that the employer is able to meet the employer’s current and expected liabilities under the Act, is able to meet an employer’s obligations in relation to injury management, will comply with the conditions imposed on the exemption, and comply with the employer’s duties under the Work Safety Act 2008.
For an employer to meet their future liabilities under the Act, they must have reinsurance of at least $500,000 CPI indexed for a single event, and a guarantee from an authorised deposit-taking institution of either $750,000 or an amount calculated by an actuary to be the estimate of outstanding claims liability at the balance date, plus a prudential margin of 30%, whichever is the greater amount.
The following employers are currently exempt from the requirement to maintain workers’ compensation insurance in the ACT.
Information on becoming a self-insurer and application documentation is available here on this website or alternatively contact WorkSafe ACT on (02) 6207 3000.
The key obligation of an approved insurer is to issue a compulsory insurance policy required by an employer under the ACT Workers Compensation Act 1951 (the Act). Approved insurers under the Act are listed in our Guidance Note Workers Compensation - Approved Insurers.
Under the Act, the insurer is also responsible for the establishment, maintenance and implementation of an Injury Management Program. As part of this program the insurer must ensure employers are aware of their Injury Management Program obligations. The insurer is also required to provide coordination and management in relation to the claims management process.
Other obligations placed on insurers during these processes are:
Should you wish to obtain any further information on the obligations placed on insurers under the Act, please contact the Workers Compensation Hotline on (02) 6205 0760.
Approved Insurer Applications and Re-Applications
Under section 145 of the Workers Compensation Act 1951, insurance companies wishing to provide workers compensation insurance in the ACT must gain approval from the Minister.
Insurers approved by the Minister are normally approved for a 3 year period. At the end of the approval period, those re-applying for approval are required to submit a full application.
Approved Insurer Application Documentation
Go to the workers' compensation publication page to access these and more publications.
Self-Insurer / Exempt Employer Applications and Re-Applications
Under section 151 of the Workers Compensation Act 1951, the Minister may exempt an employer from complying with section 147 (1) (Compulsory insurance—employers) for a stated period. This process is often referred to as an Application for Approval as a Self-Insurer.
Self-Insurers approved by the Minister are normally approved for a 3 year period. At the end of the approval period, those re-applying for exemption/ approval are required to submit a full application.
Self-Insurer Application Documentation