WorkSafe

What WorkSafe does

WorkSafe Victoria is a statutory authority of the Victorian State Government, established under the Accident Compensation Act 1985 and operating under the Occupational Health and Safety Act 2004. It functions as both the workplace safety regulator and the monopoly provider of workers' compensation insurance (WorkCover) for the state of Victoria, Australia. The agency is headquartered in Geelong at 1 Malop Street, employs between 1,001 and 5,000 staff, and is supervised by the Minister for WorkSafe (currently Deputy Premier Ben Carroll). Its mandate combines prevention, enforcement, insurance underwriting, and return-to-work support for every employer and worker operating in Victoria.

The agency's product surface is built around a set of digital platforms anchored by the main WorkSafe Victoria website, the myWorkSafe portal for licence management, incident notifications and Service Victoria-integrated identity, and the Online Employer Services (OES) platform for WorkCover insurance administration, premium payments and remuneration updates. Supporting systems include an Incident Notification System (phone at 13 23 60 plus online submission within 48 hours), a multi-purpose Report to WorkSafe hub, and digital licence issuance across high-risk categories such as blasting explosives, dangerous goods, engineered stone, high-risk work, plant registration and pyrotechnician licences. Content is published in more than 20 languages, and a free Translating and Interpreting Service is available via 131 450.

WorkSafe Victoria earns revenue primarily through recurring WorkCover insurance premiums paid by employers (priced on industry classification, payroll, claims history and risk profile) and through one-time fees for licences, permits and registrations. The agency does not operate as a commercial enterprise; its funding structure, governance and statutory powers are defined by Victorian legislation, and its financial figures are not publicly disclosed. Strategic activity in 2025 centred on the commencement of the Occupational Health and Safety (Psychological Health) Regulations 2025, expanded enforcement (including a record $3.4 million workplace manslaughter fine), the WorkSafe Awards 2027 program, the 'Don't Cross The Line' psychological health campaign, and the continued operational relationship with Return to Work Victoria.

Name

WorkSafe

Legal name

WorkSafe Victoria

Website

https://worksafe.vic.gov.au

Company type

Public

Founded year

1985

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Workers' Compensation Insurance

NAICS

Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs) (92313)

akta.pro primary industry

Work Injury & Workers’ Compensation / Occupational Injury Benefits (BPAIAKAJ)

akta.pro secondary industries

Disability & Leave Administration (STD/LTD/FMLA/Paid Leave) (HLAEALAM), Occupational Health & Worksite Health Virtual Care (fit-for-duty, RTW) (HLALADAM)

Keywords

• Workers compensation insurance
• Workplace safety regulation
• Occupational health compliance
• Injury claims management
• Employer insurance services

Headquarters

HQ city

Geelong

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. WorkCover Insurance Premiums: WorkSafe Victoria operates as the workers' compensation insurer for Victoria, collecting premiums from employers to fund workplace injury claims, return to work programs, and regulatory operations.
2. Regulatory and Licensing Fees: Fees collected for licences, permits, and registrations required for high-risk work and hazardous activities under OHS regulations.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

WorkSafe Victoria operates as Victoria's statutory workers' compensation insurer and workplace safety regulator, selling WorkCover insurance to employers and enforcing compliance with the Occupational Health and Safety Act 2004. Core offerings include WorkCover insurance premiums (recurring), digital platforms (myWorkSafe, Online Employer Services) for licence and policy management, incident notification and investigation services, return-to-work and rehabilitation support for injured workers, high-risk work licensing, and psychological health resources aligned with the 2025 Psychological Health Regulations.

Product overview

WorkSafe Victoria operates as a unified government platform providing workplace health and safety services to Victorian employers and workers. The core offering consists of the main WorkSafe Victoria website serving as the primary information hub, complemented by dedicated digital portals including myWorkSafe for licence and notification management, and Online Employer Services (OES) for WorkCover insurance administration. Key service modules include incident reporting, claims processing, licensing and registration services, and psychological health resources. The platform also provides multi-language support across 20+ languages and integrates with Service Victoria accounts for identity verification.

Differentiator

Problem solved

Functional benefit

Products and services

• WorkCover Insurance Statutory workers' compensation insurance product sold to all Victorian employers to fund workplace injury claims, return to work programs, and regulatory operations. Premiums are risk-based and tailored to employer industry, payroll, claims history, and risk profile.
• myWorkSafe Portal

Quantifiable outcome

• Record $3.4 million fine for workplace manslaughter - demonstrating enforcement capabilities.
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Return to Work VictoriacoreStrategic or Co-development PartnerReturn to Work Victoria is an affiliated initiative focused on improving return to work outcomes for injured workers. WorkSafe Victoria hosts information about Return to Work Victoria programs and innovation initiatives on its platform to support workers' recovery and reintegration.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Peers

• WorkCover WA:

Direct peers

• ReturnToWorkSA: South Australian statutory authority administering the Return to Work scheme for work-related injuries. Comparable in being a state-level monopoly workers' compensation scheme with employer premiums, claims management, and recovery services.
• icare (Insurance & Care NSW): Statutory workers' compensation insurer and care provider for NSW. Direct peer to WorkSafe Victoria — both operate monopoly state-level workers' comp schemes with integrated injury prevention, claims management, and return-to-work mandates.
• WorkCover Queensland: Queensland's statutory workers' compensation authority providing WorkCover insurance, rehabilitation, and return-to-work services. Directly comparable to WorkSafe Victoria in mandate, scale, and statutory monopoly position within its state.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/WorkSafe_Vic
• YouTubeyoutube.com/user/worksafevictoria
• Facebookfacebook.com/worksafevictoria
• LinkedInlinkedin.com/company/worksafevictoria
• Instagraminstagram.com/worksafevic

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about WorkSafe