New Regulation on Work Injury Compensation and the COVID-19 Impact

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COVID-19 has put risk management in the spotlight, with employer response and resilience put to the test. In our latest series, we focus on claims management, addressing the key concerns during these challenging and unprecedented times together with recent updates to the Work Injury Compensation Act 2020.

Singapore’s workplace health and safety landscape

Worker’s compensation remains a major recurring cost with an estimated S$10.45 billion lost in 2011 due to work injuries and ill health. The numbers are due to rise further in 2020 with the pandemic. Download our infographic for an overview of Singapore’s workplace health and safety
 

Key COVID-19 and WICA concerns

Amidst business interruption due to COVID-19, key concerns are emerging in the liability sphere, including employee safety, coverage and claims. We address key concerns for employers, including what’s claimable and not. Download our claims eligibility checklist to find out more.
 

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Updates to WICA 2020 and You

Updates to the Work Injury Compensation Act were passed in Parliament on 3 Sep 2019 to protect employers and employees better. Find out the key changes to WICA and what it means for you as an employer amidst an evolving COVID-19 landscape with exclusive Lockton’s insights.
 

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Pivot to the New Normal with Lockton

With company risk profiles changing in these unprecedented times, Lockton is able to leverage our global resources and provide you with the flexibility to pivot to your changing needs. Find out how Lockton is crisis-ready to help you in your claims and download quick guidelines to filing a claim with us.
 

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About Lockton

Uncommonly independent, we have the freedom to do what is right for our clients. Whether it is navigating claims, coverage or legislation in these increasingly challenging times, Lockton’s risk management advisors will ensure a comprehensive and competitive insurance strategy, backed by a best-in-class service.