Specialised Insurer Licence / Specialised Insurer Endorsement - New South Wales


You will need this licence to provide insurance for workers' compensation risks for employers in a specific industry. A specialised insurer is authorised to insure employers of a particular industry type and take responsibility for the payment of their claim liability and management of those claims.

Please note that every employer, except a licensed self-insurer, must maintain a policy of insurance for the full amount of its liability for all eligible employees.

There are currently only six specialised insurers in NSW. Application requirements and a licensing policy are currently being developed, which will allow new licensed insurers to enter the workers' compensation insurance market.

Service type


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

Eligibility requirements

To be eligible for this licence, your organisation must:

  • be a corporation or body corporate
  • be licensed to carry on an insurance business in Australia
  • comply with any additional provisions outlined by the Authority.


Up to 5 years


Fees Details for this service in table format.

Task Type Business Structure Amount Description
Apply Application All $50000.00

Fees for 2023-24

Act(s) name

Workers Compensation Act 1987 New South Wales

Regulation(s) name

Workers Compensation Regulation 2016 New South Wales

Administering agency

Department of Customer Service

State Insurance Regulatory Authority

Contact details

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