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WorkCover Queensland
WorkCover Qld is a Government Body that generates the majority of its income from the General Insurance industry. In 2023 the company generated total revenue of $2,650,686,000 including sales and other revenue. In 2023 WorkCover Qld had 1,025 employees including employees from all subsidiaries under the company's control. The Chief Executive of WorkCover Qld is Mr Bruce Watson whose official title is Chief Executive Officer. The Chairman of WorkCover Qld is Dr Anthony Lynham whose official title is Non-Executive Chairman. WorkCover Queensland manages statutory claimants and common law claimants annually, and insures employers in Queensland. The organisation divides its operations into the following: Safety & Prevention - Offers advice, tips, and guidelines regarding health and safety at work. Claims & Insurance - Enables workers and employers to lodge claims regarding work-related injury or illness. Also provides WorkCover policies and other insurance products, as well as information regarding self-insurance/insurers. Rehabilitation & Return to Work - Offers assistance for recovering from injury or illness, getting back to work and for employment alternatives. Licensing & Registrations - Provides information regarding electrical licenses, training, and pricing, and work health and safety training. Laws & Compliance - Enforces health and safety laws.
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What's included in this industry analysis
IBISWorld's research coverage on the WorkCover Queensland includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of March 2026.
Company Details
What’s this enterprise profile about?
WorkCover Queensland, trading as WorkCover Qld, operates under the ABN 40 577 162 756 and was incorporated on 01 February 1997. WorkCover Queensland primarily operates in the General Insurance industry in Australia.
Key Personnel
What’s included in the Key Personnel chapter?
The Key Personnel chapter outlines the principal leadership positions within WorkCover Queensland, including the Chairman, Board members, Chief Executive Officer, and other key management personnel. It provides an overview of the company’s governance and executive structure, along with a breakdown of gender diversity across leadership roles, offering insight into the composition of the organisation’s senior team.
Financials
What’s included in the Financials chapter?
The Financials chapter presents WorkCover Queensland’s historical financial performance, including detailed profit and loss statements outlining sales revenue, cost of sales, and profitability. It also incorporates balance sheet data, providing a breakdown of assets and liabilities, as well as additional financial metrics such as the number of shares on issue. Together, these disclosures offer a comprehensive view of the company’s financial position and performance over time.
Growth & Ratios
What’s included in the Growth & Rations chapter?
The Growth & Ratios chapter provides historical data on key financial performance indicators, enabling an assessment of the company’s operational efficiency, profitability, and financial structure over time. Metrics covered include return on equity, return on assets, profit margins, revenue per employee, as well as gearing and leverage ratios, offering a comprehensive view of performance trends and capital management.
Operating Segments
What’s included in the Operating Segments chapter?
The Operating Segments chapter provides an overview of the revenue composition and asset allocation across the various industries in which WorkCover Queensland operates. It offers insights into how the company’s financial performance is distributed among its core business segments, highlighting the relative contribution of each industry to total revenue.
Competitor Benchmarking
What’s included in the Competitor Benchmarking chapter?
The Competitor Benchmarking chapter includes a comparative assessment of WorkCover Queensland’s key financial, growth, and valuation ratios against industry averages to evaluate its competitive position. It analyses valuation metrics such as price-to-earnings, price-to-book, enterprise value to EBITDA, and enterprise value to sales, alongside core financial indicators including liquidity ratios and profitability measures.
Shareholders
What’s included in the Shareholders chapter?
The Shareholders chapter provides a breakdown of the ownership structure of WorkCover Queensland, identifying key shareholders and outlining their respective ownership interests. This section offers insight into the concentration of shareholdings, the presence of institutional or strategic investors, and the overall distribution of equity within the company.
Subsidiaries
What’s included in the Subsidiaries chapter?
The Subsidiaries chapter provides an overview of the companies and business entities that are wholly or partially owned by WorkCover Queensland. It outlines the ownership structure of each subsidiary, offering insight into the broader corporate group and how these entities contribute to the company’s overall activities and performance.
History
What’s included in the History chapter?
The History chapter presents a overview of WorkCover Queensland’s development, highlighting key milestones and significant corporate events since its incorporation. It includes the company’s incorporation date and outlines major strategic, operational, and structural developments, providing context for its evolution and current market position.
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Frequently Asked Questions
What is WorkCover Queensland?
WorkCover Queensland manages statutory claimants and common law claimants annually, and insures employers in Queensland. The organisation divides its operations into the following: Safety & Prevention - Offers advice, tips, and guidelines regarding health and safety at work. Claims & Insurance - Enables workers and employers to lodge claims regarding work-related injury or illness. Also provides WorkCover policies and other insurance products, as well as information regarding self-insurance/insurers. Rehabilitation & Return to Work - Offers assistance for recovering from injury or illness, getting back to work and for employment alternatives. Licensing & Registrations - Provides information regarding electrical licenses, training, and pricing, and work health and safety training. Laws & Compliance - Enforces health and safety laws.
What industry does WorkCover Queensland operate in?
WorkCover Queensland, trading as WorkCover Qld, is a Private Company that generates the majority of its income from the General Insurance industry in Australia.
Where is WorkCover Queensland located?
Murray Cod Australia Limited company is based at 280 Adelaide Street, Brisbane, Queensland, Australia.
Who is the CEO of WorkCover Queensland?
The Chief Executive Officer of WorkCover Queensland is Anthony Lynham and the Chief Executive Officer is Bruce Watson.
What was WorkCover Queensland’s revenue in 2025?
In 2025, WorkCover Queensland generated total revenue of approximately $2.7 billion.
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