CTP Reforms

NSW CTP scheme reforms (1 December 2017)

The NSW Government is reforming the CTP Green Slip scheme to better support people injured on our roads and to reduce the cost of Green Slips for vehicle owners.

The Motor Accident Injuries Act 2017 was passed by the NSW Parliament on 30 March 2017. The new CTP scheme will commence from 1 December 2017.

Allianz supports the Reforms and is working with the State Insurance Regulatory Authority (SIRA), to implement the necessary changes.

General Information can be found on the following link:

https://www.sira.nsw.gov.au/green-slips/ctp-green-slip-reforms

Changes you need to be aware of are:

Please read further information below

How will this affect you?

Claims / Benefit changes

The reforms will ensure people injured in motor accidents receive fast access to compensation by way of weekly income support and treatment and care. The focus of the reforms is on rehabilitation of injured road users with a return to good health as soon as possible.

If you have been injured in a motor accident on or after 1 December 2017 and you wish to make a claim with Allianz, please follow the link to the following page:

https://www.allianz.com.au/ctp-insurance/nsw/claims

If you would like more information about the CTP scheme reform, please follow the below link to the SIRA website:

https://www.sira.nsw.gov.au/green-slips/ctp-green-slip-reforms/new-ctp-green-slip-benefits-for-injured-people

Price Reduction / Green slips

Insurers provide a competitive market of Green Slip prices which are monitored and approved by SIRA.

Based on NSW Government CTP reforms and direction, Insurers will reduce Green Slip prices from 1 December 2017.

Further information can be found on SIRA’s website:

https://www.sira.nsw.gov.au/green-slips/ctp-green-slip-reforms/how-ctp-green-slip-prices-will-be-reduced

Green Slip Refunds

SIRA has developed a pro rata refund calculation for eligible customers who purchased a Green Slip that is still current as at 1 December 2017.

SIRA is currently working with a Third Party Provider to enable an efficient refund process to eligible customers*.

Further information on Green Slip Refunds can be found on SIRA’s website below:

https://www.sira.nsw.gov.au/green-slips/ctp-green-slip-reforms/green-slip-refunds

 

Links to the Third Party Provider for any Refund questions will be provided.

*Allianz will directly communicate and pay refunds to large Fleets with more than 50 vehicles.