Under the Employees' Compensation Ordinance ("the Ordinance"), all employers are required to take out insurance policies to cover their liabilities both under the Ordinance and at common law for injuries at work in respect of all their employees.

The Employees' Compensation Insurance Residual Scheme Bureau Limited ("the Bureau") was incorporated under the Hong Kong Companies Ordinance on 11 April 2007 for the purpose of enabling employers, particularly those engaged in occupations of the High Risk Groups and who have been unable to obtain Employees’ Compensation Insurance to obtain such insurance.

A Board consisting of fifteen employees' compensation insurers has been formed to oversee the direction and execution of the Scheme.

The Hong Kong Federation of Insurers has been appointed as the Administrator to conduct daily operations while an Underwriting Committee sets the underwriting guidelines and procedures and the Claims Committee sets the parameters for handling claims.

In addition, an Advisory Committee consisting of Members from the employers, employees, accounting, legal and insurance sectors as well as representatives from the Labour Department and the Insurance Authority has been established to monitor the scheme.

An Appointed Service Provider has also been appointed to issue policies on behalf of all insurers to Qualifying Employers and handle and pay claims.