30. (1) Where an employer who is individually liable to pay the benefit is insured in conformity with section 29, the Commission may require the insurance company or other underwriter to pay to it, in full settlement or on account of the benefit, the sum which, under the contract of insurance, such company or underwriter would be liable to pay to the employer in respect of an accident whereby a beneficiary becomes entitled to benefit under this Act.
(2) Where a claim for benefit is made and the employer is so insured, notice of the claim shall be given to the insurance company and to the employer. In such case the Commission shall determine the rights of the beneficiary to benefit, and shall also determine whether the whole or part of such benefit should be paid directly by the insurance company or other underwriter.