We provide strategic advice to self-insurers, corporates and not for profits on a range of insurance and financial risks.

Combining deep industry knowledge with rigorous technical analysis to offer innovative and practical advice to a wide range of industries

Self Insurance

Our dedicated self insurance team works with corporate clients across many industries covering workers compensation, public liability, professional indemnity, medical malpractice, property and motor. 
<span style="mso-ascii-font-family: 'Calibri Light'; mso-ascii-theme-font: major-latin; mso-hansi-font-family: 'Calibri Light'; mso-hansi-theme-font: major-latin; mso-bidi-font-family: 'Calibri Light'; mso-bidi-theme-font: major-latin; background: white;">We help Australian and New Zealand organisations assess the most efficient approach to claims risk, whether its self insurance, insurance at a certain level or another alterative risk transfer option.

How we work with you

<span style="mso-ascii-font-family: 'Calibri Light'; mso-ascii-theme-font: major-latin; mso-hansi-font-family: 'Calibri Light'; mso-hansi-theme-font: major-latin; mso-bidi-font-family: 'Calibri Light'; mso-bidi-theme-font: major-latin; color: windowtext; background: white;">For workers compensation self insurers, we provide actuarial advice to satisfy regulatory requirements and to help understand the key drivers of claim costs. 
We offer marketing leading insights and research and development keeping you informed about the latest challenges and opportunities in self insurance.

Market leading insights & practical advice

We can support corporates and organisations with...



Assess insurance options & feasibility studies

Establishing self insurance funds or pools

Cost efficient insurance arrangements, benchmarking & cost allocation models

Sensitive claims risk (eg. abuse, redress)

Workers compensation self insurance (including Comcare) - valuation and bank guarantee

Alternative risk transfer (self insurance funds, captives, mutual)

A dedicated team of self insurance experts

As an alternative to purchasing commercial insurance, organisations are increasingly exploring the feasibility of alternative risk transfer options, such as a:
&bull; Captive or protected cell captive (PCC)
&bull; Discretionary mutual fund (DMF) or mutual arrangement
&bull; Self-insurance fund or group pooling.
We can support you in assessing the financial viability of each option and help you determine the next steps, if deemed viable. Whilst potentially costly to operate, the key motivation for establishing a captive insurance company is access to the reinsurance market.&nbsp;
&nbsp;

Alternative insurance options

We worked closely with a not for profit organisation to provide self insurance advice for their commercial property portfolio.


Not for profits & self insuring

d’finitive Child Sexual Abuse Redress Scheme & Civil Liability 

Self Insurance & Workers Compensation d’finitive

We compared the cost of self-insurance to the estimated cost of the employer’s market premiums to determine the lowest cost option.

Worker’s compensation self-insurance feasibility 

<a href="mailto:Danielle.casamento@finity.com.au">danielle.casamento@finity.com.au</a>
Ph+61 2 8252 3325
Mobile +61 409 327 867
LinkedIn: <a href="https://www.linkedin.com/in/danielle-casamento-54515112a/">https://www.linkedin.com/in/danielle-casamento-54515112a/</a>
<h5>Qualifications</h5>
BCom (ActStud) Hons, FIAA, CERA
Danielle Casamento is a Principal of Finity and has worked in general insurance for nearly 10 years. Over the course of her career Danielle has worked with a wide range of general insurers, corporations and government schemes.&nbsp; She is a key member of Finity&rsquo;s self-insurance practice specialising in providing insurance advice to employers across workers compensation and general lines. Danielle leads Finity&rsquo;s Child Sexual Abuse (CSA) practice for institutions providing advice on trends, liabilities and funding.
<h5>Area of expertise</h5>
<ul>
<li>Self-insurance</li>
<li>CSA liability expert</li>
<li>Travel insurance</li>
<li>Cyber liability and risk</li>
<li>Workers Compensation</li>
<li>Professional Indemnity and Medical Malpractice</li>
</ul>
<h5>Talk to me about</h5>
<ul>
<li>Self-Insurance</li>
</ul>

Danielle Casamento

<a href="mailto:mark.hurst@finity.com.au">mark.hurst@finity.com.au</a>
&nbsp;Ph +61 2 8252 3358
&nbsp;Mobile +61 402 425 462
LinkedIn: <a href="https://www.linkedin.com/in/mark-hurst-6334075/">https://www.linkedin.com/in/mark-hurst-6334075/</a>
<h5>Qualifications</h5>
BEcon, Bsc, FIAA
Mark is a Principal with Finity with more than 30 years experience in the general insurance industry. Mark is leader of Finity&rsquo;s self-insurance practice. His experience includes providing valuations of outstanding claim liabilities to workers compensation self-insurers and providing advice to corporates with regard to their insurance arrangements. Mark also provides advice to educational facilities, religious institutions and other non-government organisations in relation to their potential child sexual abuse liabilities.
<h5>Areas of Expertise</h5>
<ul>
<li class="MsoNormal">Self-Insurance</li>
<li class="MsoNormal">Captives</li>
<li class="MsoNormal">Child sexual abuse liabilities</li>
<li class="MsoNormal">Electricity Market</li>
<li class="MsoNormal">Workers Compensation</li>
<li class="MsoNormal">Papua New Guinea insurance market</li>
</ul>
<h5>Talk to me about</h5>
<ul>
<li>Self-Insurance</li>
</ul>

Mark Hurst

"Our team supports large multi-state self insurers, employers under the Comcare scheme, state councils and employers who need advice regarding the feasibility of self insurance or the optimal level of insurance."

Powered by smart, results-oriented people with unrivalled depth of industry experience, we can provide a unique perspective across a wide range of business challenges.