State Insurance Regulatory Authority
We are responsible for regulating workers compensation insurance, motor accidents compulsory third party (CTP) insurance and home building compensation insurance, in NSW.
We were established through the State Insurance and Care Governance Act 2015 as part of reforms to the NSW workers compensation system and are part of the NSW Department of Finance, Services and Innovation.
We focus on service delivery to injured people, affordability, and the effective management and sustainability of these insurance schemes.
A Green Slip covers you if you injure someone in a motor vehicle accident. It also provides limited cover for your injuries if you’re at fault. A Green Slip is a mandatory insurance policy needed when registering your vehicle.
Home building compensation
A homeowner can be compensated under the Home Building Compensation Fund, if they suffer a financial loss because their builder fails to complete or fix defective work, if the builder has become insolvent, died or disappeared or has had their licence suspended due to non-compliance with a Tribunal or a Court order (but only if the policy was issued on or after 19 May 2009)