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.

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