Retail giant chooses NSW insurer for major deal

One of Australia's retailing monoliths has reached a landmark national agreement with a NSW-based insurer, which will see the company receive 'best practice' claims support.

Insurance News

By Chinwe Akomah

Employers Mutual Insurance has been chosen by Woolworths to manage the company’s workers compensation claims under their self-insured license. The deal includes all states in Australia, with the exception of the Australian Capital Territory.

The internal Woolworths department, which previously managed the company’s workers compensation claims and its responsibilities will be transitioned into Employers Mutual.

Woolworths’ national workers compensation claims will be managed by Employers Mutual’s new national self-insurance division, led by general manager Joanne Zarb. The new partnership will be implemented throughout Woolworths’ Australian business over the course of the next year.

Employers Mutual CEO, Mark Coyne, said: “This partnership will ensure both Woolworths and Employers Mutual can provide best practice support to injured Woolworths’ employees.

“Our new national self-insurance division provides large companies such as Woolworths with the opportunity of incorporating a national network of workers compensation specialists into their business.

"Woolworths’ employees can be reassured that, if injured, there will be a team of specialists focused on supporting their recovery and return to work every step of the way, and ultimately help them to get their lives back,” said Coyne.

 

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