Authorisation of General Insurance Company - Australian Government

Service summary

You will require this authorisation if you operate a company intending to carry on general insurance business in Australia. It allows a company to offer liability by way of insurance for clients loss or damage, including paying damages or compensation.

This does not include life insurance, superannuation pensions or payments received after death or retirement, or any benefits offered by friendly societies or trade unions for their members.

Please be aware that if you provide home and / or contents insurance you must provide a key facts sheet to prospective clients. This key facts sheet must contain:

  • What events are covered by the contract
  • The maximum level these events are covered to
  • Any excesses that may apply


  • Details of the cooling off period.

Please consult the Contact Officer for more information.

Service type


A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

You must satisfy certain minimum requirements to demonstrate capacity and commitment to carry on business as an insurance company. For example, you must demonstrate the ability to conduct business in a manner that exhibits:

  • Integrity;
  • Prudence; and
  • Professional skill.

You will also have to be registered as a body corporate to apply for this authorisation. Please consult the Contact Officer for more information regarding eligibility requirements.


Ongoing unless revoked.



$68200; plus a levy on the gross premiums received by general insurers.


 Business structureResources

Authorisation of General Insurance Company - Application in writing following discussion with the Agency.

Other resources

 Business structureResources
Comply Guidelines on Authorisation of General Insurers - PDF Opens a PDF in a new browser window

Requirements for Registering a New Insurance Company - This document is available directly from the Agency.

Administering agency

Australian Prudential Regulation Authority

Act(s) name

Insurance Act 1973 (Australian Government)

Contact details

Australian Prudential Regulation Authority


02 8037 9015

Toll Free:

1300 558 849

Contact us website: Opens in a new browser window


Australian Prudential Regulation Authority Opens in a new browser window

Supporting information


The information contained on the Australian Business Licence and Information Service (ABLIS) web site, or via packages or other sources is intended for general guidance only.

To the full extent permitted by law, the Federal, State, Territory and Local Governments make no representations or warranties (expressed or implied) in relation to the information, including its accuracy, currency or completeness.

The business information provided does not constitute professional or legal advice, nor is the use of any third party resource an endorsement of the information contained, the associated organisation, product or service. It is recommended that you obtain appropriate professional and /or independent legal advice to ensure that the material provided here is relevant to your particular circumstances.

To the full extent permitted by law the Federal, State, Territory and Local Governments, their employees and agents do not accept any liability for any reason, including without limitation, liability in negligence, to any person for the general information which is provided herein, or in respect of anything, including the consequences of anything done, or not done, by any such person in whole or partial reliance upon the information.