You will require this licence if you run an insurance business and intend to provide third-party car insurance policies (also known as a Green Slip).
A third-party car insurance policy is an insurance policy which insures the owner of a motor vehicle against liability for the injury or death of people caused by the owner or driver of the vehicle.
Third-party car insurance is compulsory in NSW and must be taken out when registering a motor vehicle. It is regulated by the NSW State Insurance Regulatory Authority (SIRA).
The authority will conduct an extensive review of your previous business practices when you submit an application.
Please consult the Contact Officer for more information.