There are also organisations licensed to be self-insurers, specialised insurers and group self-insurers. An organisation can apply to become an insurer in one of these categories.

Self-insurers

An employer with a self-insurer's licence does not pay workers compensation premiums to a licensed insurer. They carry their own underwriting risk and control their own claims administration. There are strict criteria that employers must meet before WorkCover will approve a self-insurer's licence.

The NSW Worker's Compensation Self Insurers' Association  is an non profit organisation representing NSW self-insured employers.  Membership of the association is not a WorkCover NSW licence requirement.

Specialised insurers

Specialised insurers have a restricted licence to underwrite workers compensation risks specific to a particular industry or class of business or employer.

Information regarding the WorkCover Authority's licensing policy, conditions and application process for licensed insurers, self-insurers and specialised insurers can be located here.

For the full list of insurers, see 'also in this section':