You are exposed to a seemingly endless list of risks, all the while continually being asked to do more and more. LGIS is a not-for-profit industry based self-insurance scheme owned by over 150 Western Australian Local Governments and focussed on meeting your unique requirements. By pooling together in a self-insurance arrangement, you benefit from economies of scale and therefore avoid the volatility of the traditional insurance market.
A key component of the self-insurance scheme is your ability to manage your exposure to risk. This is achieved by taking a coordinated approach to risk management, claims management and injury management that is holistic and seamless. The longer term view of the self-insurance arrangement means decisions and profits are not driven by the delivery of limited, short-term returns. By working together you benefit from:
The LGIS self-insurance Scheme is managed with sound commercial acumen, financial controls and efficient management. A trust deed sets out the structural arrangements of the Scheme and the Scheme rules directs the rights and obligations of you the members relating to operational matters.