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Third Party State Insurers
NZ - Accident Compensation Commission
The Accident Compensation Corporation (ACC) provides comprehensive, no-fault personal injury cover for all New Zealand residents and visitors to New Zealand.
At ACC, it’s their job to support those injured by helping them get back to work and everyday life as soon as possible. It’s also their job to try to stop injuries from happening in the first place.
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Third Party State Insurers
Qld - Motor Accidents Insurance Commission (MAIC)
The Motor Accident Insurance Commission (MAIC) is the regulatory authority responsible for the ongoing management of the Compulsory Third Party (CTP) scheme in Queensland.
Queensland operates a common law ‘fault’ based Compulsory Third Party (CTP) scheme, first introduced in 1936. The scheme provides motor vehicle owners with an insurance policy that covers their unlimited liability for personal injury caused by, through or in connection with the use of the insured motor vehicle in incidents to which the Motor Accident Insurance Act 1994 applies.
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Third Party State Insurers
SA - Motor Accident Commission
The Motor Accident Commission (MAC) is South Australia’s Compulsory Third Party (CTP) insurer and provides approximately $360 million each year in compensation to road crash victims.
MAC also manages the State Government’s road safety communications program and provides funding for projects that aim to reduce the number and impact of road injuries and deaths.
In South Australia, CTP insurance is built in to the registration process – when you register your vehicle you also pay a CTP insurance premium that is designed to provide cover for people injured in road crashes.
The CTP Fund provides compensation for the victims of road crashes where the owner or driver of a registered motor vehicle or a passenger is at fault.
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Third Party State Insurers
Tas - Motor Accidents Insurance Board
The Motor Accidents Insurance Board (MAIB) is a Tasmanian Government Business Enterprise which operates a combined common law/no fault motor accident scheme for Tasmanians.
The scheme provides medical and income benefits on a no fault basis to persons injured in motor vehicle accidents whilst enabling access to common law.
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Third Party State Insurers
Victorian – Transport Accident Commission (TAC)
The TAC is a Victorian Government-owned organisation set up in 1986.
Its role is to pay for treatment and benefits for people injured in transport accidents. It is also involved in promoting road safety in Victoria and in improving Victoria’s trauma system.
Funding used by the TAC to perform these functions comes from payments made by Victorian motorists when they register their vehicles each year with VicRoads.
The TAC is a “no-fault” scheme. This means that medical benefits will be paid to an injured person – regardless of who caused the accident.
Legislation guides the TAC in the types of benefits it can pay and any conditions that apply. This legislation is called theTransport Accident Act 1986.
To ensure it remains a long-term compensation scheme, the TAC uses its funds fairly and responsibly. This ensures the TAC is able to meet the needs of seriously injured people who need lifetime care.
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Third Party State Insurers
WA - Insurance Commission of Western Australia
The Insurnace Commission of Western Australia provides the following services:
1. Insurance and risk management, this includes:
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– Providing owners and drivers of Western Australian registered motor vehicles with unlimited protection in the event that their negligent driving causes injury to other persons (subject to complying with Policy Warranties & Conditions).
– Managing and settling the personal and fatal injury claims of those injured or fatally injured by a motorist third party driving a Western Australian registered vehicle.
– The management and administration of the the insurance and risk management arrangements of Western Australian State Government public authorities who are members of the RiskCover Fund.
– Management and administration the insurance and risk management arrangements of eligible Western Australian based community organisations.
– Providing workers’ compensation insurance to the mining industry in Western Australia for the industrial diseases of pneumoconiosis, lung cancer and mesothelioma.
– Managing the claims of those who contract the industrial diseases of pneumoconiosis, lung cancer and mesothelioma.
2. Advice to government: provide advice to the State Government on matters relating to insurance and risk management.
3. Community education and research: provide funding for road safety initiatives endorsed by the Western Australian Road Safety Council and funding for research into mesothelioma.
4. Investments: invest and manage monies and property under our control.
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