Authorisation of General Insurance Company - Australian Government


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
  • professional skill.

You will also have to be registered as a body corporate to apply for this authorisation. You also need to be familiar with prudential framework for general insurers. Prudential framework includes standards, guides and legislation.

Please consult the Contact Officer for more information regarding eligibility requirements.


Ongoing unless revoked.


Fees Details for this service in table format.

Task Type Business Structure Amount
Apply Application All $110000.00


Task Business Structure Resources
Apply Company Authorisation of General Insurance Company - Please consult the Contact Officer for information on forms to be submitted.

Other resources

Task Business Structure Resources
Comply Company Requirements for Registering a New Insurance Company - Please consult the Contact Officer for information on forms to be submitted.
Comply All Guidelines on Authorisation of General Insurers - PDF (Opens in new window)
Comply All General Insurance Standards and Guidance (Opens in new window)

Act(s) name

Insurance Act 1973 Australian Government

Administering agency

Australian Prudential Regulation Authority

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Please use these contact details for help or more information:


Australian Prudential Regulation Authority

Phone: 1300 558 849
Website: Australian Prudential Regulation Authority (Opens in new window)