How to become a self-insurer

To become a self-insurer, you must be assessed by WorkSafe as being 'fit and proper'.

The assessment is based on:

• your financial strength and viability
• your resources to administer claims
• your incidence of injuries and claims costs
• safety of your working conditions
• your compliance with relevant legislation
• any other matters WorkSafe thinks fit.

Initial approval to self-insure is given for a period of three years, thereafter four years, unless WorkSafe uses its discretion to grant approval for six years.