Self-insurance gives eligible employers the option to manage and bear the costs and risks of their own claims. However, you must first get approval from WorkSafe, who will determine whether you are 'fit and proper' to be a self-insurer.
This guide for prospective self-insurers will help you determine whether you might be eligible. It outlines:
who can apply to be a self-insurer
how to apply
what WorkSafe will look at when assessing your application