Reforming the self-insurance licensing framework

We conducted a review of our self-insurance licensing framework to improve outcomes for injured people and reduce red tape.

  • The Issue

    Consultation period: 12/11/2015 12:00 am to 14/12/2015 12:00 am

    The State Insurance Regulatory Authority (SIRA) conducted a review of its self-insurance licensing framework and engaged PricewaterhouseCoopers to assist. The review aimed to identify and recommend potential regulatory reforms that would improve workers compensation outcomes by creating incentives for self-insurers while reducing regulatory burden.

    Thank you to everyone who made a submission.

    For more information, email SIfeedback@sira.nsw.gov.au.

  • Milestones

    SIRA sought stakeholder comment on opportunities to improve key areas of the self-insurance licensing framework.

    • 12 November 2015: Issues paper published
    • 12 November to December 2015: Submissions were open
    • 9 September 2016: PWC review of the self-insurance licensing framework report published.
  • Outcomes

    The consultation report has been published.

    Thank you to everyone who made a submission.

    We are carrying out a new consultation on the review of the implementation of the proposed self-insurance licensing framework.

    For more information, email SIfeedback@sira.nsw.gov.au

    View the submissions here

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