Review of the implementation of the proposed self-insurance licensing framework
We are conducting a review of our self-insurance licensing framework. PricewaterhouseCoopers (PwC) was engaged to assist. On the basis of feedback arising from the 2015 round of consultation, PwC has developed a report. The report’s recommendations form the basis of our proposed licensing framework.
We would again like to hear the views of self-insurers and other stakeholders on the implementation of the proposed licensing framework and supervisory model.
Self-insurer security requirements are not included in this consultation as prudential requirements across all insurers are being reviewed as part of a separate consultation called workers compensation financial and premiums supervision. This consultation is currently underway.
We will publish a consultation summary paper in December 2016.
For more information, email SIfeedback@sira.nsw.gov.au.
- Self-insurance licensing framework review
- PwC review of the NSW self-insurance licensing framework
- Group self-insurer: Draft standard licence conditions
- Draft self-insurer top tier expectations and measures: Proposed requirements
Making a submission
We welcome comment and feedback from all stakeholders. We prefer you use our submission form.
Please email your submission to SIFeedback@sira.nsw.gov.au no later than 11 November 2016.
Please specify if you do not want your submission or any part/s of it published.
Non-confidential submissions may be published on the SIRA website after the closing date.
Please indicate if you do not want your submission or any part/s of it published. Submissions will usually be published with your name and the name of the organisation, if relevant. We will remove contact details such as email addresses, postal addresses and telephone numbers. At our discretion we may not publish certain submissions (or part of submissions) due to our assessment of length, content, appropriateness or confidentiality.
For more information, please read the submission procedure.