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insurer profits

No more CTP insurer profits over 10%

Insurer profits in the NSW CTP scheme have been a contentious matter for many years. Their long-term average profit is 19%, more than double the profit submitted each year to State Insurance Regulatory Authority (SIRA). Read More

digital drivers licence

NSW drivers get digital licences at last

Following trials in Dubbo, Sydney’s Eastern Suburbs and Albury, all NSW drivers can now get a digital drivers licence. It is a simple process to get a digital licence, but there are a few rules for using it legally. Read More

pay for greenslip refund taxis cost

Not much time left to get your greenslip refund

There are still 759,000 vehicle owners who have not claimed their share of the $29 million greenslip refund. They have until 30 September 2019 to do so. After that, any money left unclaimed will go towards reducing the Fund Levy. Read More

fraud cyberattack

First performance ratings for NSW CTP insurers

Many vehicle owners use the greenslips.com.au calculator to help them choose one of the five CTP insurers. While some just want the cheapest price, others want to know more about each insurer. Until now, there has been no official information published about insurer performance in the NSW CTP scheme. Read More

ctp care

Insurer ratings are on the way

SIRA is calling for feedback on its draft customer service principles for CTP insurers in NSW. As the government body that oversees CTP insurers, it wants more focus on quality customer service. Interested parties have until 19 August 2019 to make a submission. Read More

customers of CIC

No more green slips from CIC Allianz

Allianz has announced CIC Allianz will no longer offer green slips as of 15 January 2019. The insurer will offer Allianz greenslips to customers of CIC Allianz when they next renew registration. Read More

spend $15 different fund levy clawback

One in two Sydney motorists pay $500 or less for greenslip

Before reform of the NSW CTP greenslip scheme, the average premium in the state was $652. In Sydney, nobody was paying less than $500 for their green slip. Now nearly one in two Sydney motorists pay $500 or less for their green slip. In country areas, more than 60% of motorists now pay $400 or less. Read More

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