ReturnToWorkSA (previously known as WorkCoverSA) provides work-injury insurance to around 50,000 South Australian businesses covering approximately 500,000 workers. On 1 July 2015, the South Australian Government introduced the biggest workers compensation reforms in the state in 27 years. Greg McCarthy has been at the helm during this transformation, which has seen record-breaking improvements in the schemes financial performance and return-to-work results.
Greg McCarthy was appointed CEO in December 2012 and was tasked with two priorities: improve the performance of the scheme and transform the organisations culture. Over the past two years, the schemes financial performance improvements are, to use its independent actuarys word, unprecedented. Greg has also delivered a new How can I help you? culture that he hopes will become what the new corporation is known for: helping businesses through providing cost-effective insurance services and enabling them to better manage their health and safety and injury-management risks, as well as supporting people to recover and return to work following an injury.
Greg McCarthy for most of his career has worked in the insurance industry. My background is predominantly insurance, in CTP and workers compensation in both public and privately underwritten schemes, Greg explains. I started out in general insurance before I made a career-defining move into workers compensation, where I have worked for some of the countrys biggest insurance companies. In the 90s, I was national general manager for both CTP and workers compensation insurance, where I gained valuable experience working in jurisdictions all around Australia.