07.03.2015 Views

Accident Compensation Corporation - Statement of Corporate Intent ...

Accident Compensation Corporation - Statement of Corporate Intent ...

Accident Compensation Corporation - Statement of Corporate Intent ...

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Contents<br />

Foreword from the Board Chair 2<br />

ACC at a glance 3<br />

ACC’s strategic direction 4<br />

Section 1: Nature and scope <strong>of</strong> the organisation 7<br />

Section 2: Funding 10<br />

Section 3: Operating environment and future risks 13<br />

Section 4: Operating intentions 16<br />

• Actuarial release 16<br />

• Leading the New Zealand Injury Prevention Strategy 17<br />

• Outcome 1: Ensure the ACC Scheme is financially sustainable and represents 19<br />

value for money<br />

• Outcome 2: Rehabilitate injured people in New Zealand more efficiently 22<br />

• Outcome 3: Reduce the incidence and severity <strong>of</strong> injury 28<br />

Section 5: Organisational capability and capacity 31<br />

• Building ACC’s people capability 31<br />

• Organisational capability measures 31<br />

• Key initiatives to improve organisational capability 32<br />

Section 6: Collaboration and responsibilities 36<br />

• ACC’s partnerships with other organisations 36<br />

• Reporting requirements 38<br />

• Investment statement 39<br />

• ACC subsidiaries 40<br />

Section 7: <strong>Statement</strong> <strong>of</strong> forecast service performance 41<br />

• Output Class 1: Levy collection and setting 42<br />

• Output Class 2: Investment management 45<br />

• Output Class 3: Claims management 47<br />

• Output Class 4: Injury prevention 50<br />

Section 8: Forecast financial information 54<br />

1

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!