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Client Alert: CGU withdraws from NSW workers compensation scheme


On 1 March 2017, CGU advised the market that it would be withdrawing from the workers compensation scheme in New South Wales by 31 December 2017.

The company outlined that this decision was based on its assessment of the commercial viability of remaining a scheme participant. As a result, CGU will not be responding to icare’s upcoming agent selection process for the 2018-2020 contract for claims management.