Our office is located within The Forrest Centre, 221 St Georges Terrace, Perth, Western Australia.
The Minister responsible for the Insurance Commission is the Hon
Ljiljanna Ravlich , MLC, Minister for Government Enterprises.
The Insurance Commission has two Insurance Divisions:
These two Insurance Divisions each have a dedicated Fund; the Third Party Insurance Fund and the RiskCover Fund, and are supported by six Service Divisions (Finance and Administration; Human Resources; Information Technology; Special Investigations; Investments; Commission Executive).
We manage and underwrite the following four Funds:
We also manage but do not underwrite the RiskCover Fund and Community Insurance Fund on behalf of the Government of Western Australia.
We are the sole provider of Motor Vehicle Third Party (Personal Injury) Insurance, commonly referred to as Compulsory Third Party (CTP) insurance, in Western Australia.
CTP Insurance is compulsory in all States and Territories of Australia. The Motor Vehicle Personal Injury Division (MVPI Division) of the Insurance Commission deals with all personal injury and fatality claims resulting from motor vehicle crashes that involve Western Australian registered vehicles.
There were approximately two million registered vehicles in Western
Australia, including approximately 370,000 caravans and trailers.
An unlimited indemnity policy of insurance is issued on the combined
"Licence and Third Party Insurance Policy"
(sample invoice). The Department for Planning and Infrastructure
and its agents issue the CTP policies and collect the premiums on
our behalf.
The enabling legislation is the Motor Vehicle (Third Party Insurance) Act 1943, and its administration is the responsibility of the Insurance Commission.
We manage a self-insurance and risk management enterprise under the name 'RiskCover' on behalf of Western Australia's Department of Treasury and Finance. The RiskCover Division was established in July 1997 to manage and administer the self-insurance and risk management arrangements of Western Australian public authorities on behalf of the State Government.
For futher information visit the RiskCover website.