ACT CTP Insurance

Information about the Australian Capital Territory’s Compulsory Third Party (CTP)Insurance.

The Australian Capital Territory’s compulsory third party (CTP) insurance scheme underwent a major shake-up in June 2013 when it was announced that motorists would be able to choose their CTP provider. Since 1979, ACT-residents were only provided with one licensed insurer – NRMA insurance.

The ACT’s CTP insurance operates an at-fault scheme, meaning people cannot make a claim for the payment of medical expenses if they were totally at fault. But on the 1st of July 2014, the ACT commenced its Lifetime Care and Support Scheme. Funded by the Lifetime Care and Support Levy, this scheme ensures that those who are catastrophically injured on ACT roads will receive required treatment and care for life – regardless of fault.


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5 ACT Road Statistics

  • As at 31 January 2015, there are 236,941 registered passenger vehicles in the ACT – making up around 84% of all registered vehicles. Motorcycles make up 4.6% of all registered vehicles in the ACT, with 13,093. (Source: ABS)
  • As at September 2015, the average CTP 12 Month premium (excluding fees and levies) is $571.28. (Source: Road Transport Authority).
  • There were 7,782 traffic crashes on ACT roads in 2014. Of these, there were 10 fatalities and 125 hospital admissions. Four of the fatalities involved vulnerable road users such as cyclists, pedestrians and motorcyclists. (Source: ACT Justice and Safety Directorate).
  • The ACT has an average of 2.6 road fatalities per 100,000 population over the years 2005-2014. This rate is almost half the national average of 4.9. (Source: ACT Justice and Safety Directorate).

ACT CTP Providers:

The Australian Capital Territory is one of three states/territories in Australia where people have the power to choose their Green Slip/CTP provider. Here are the insurance companies currently (at time of writing) licenced to offer Green Slip insurance in the ACT:

AAMI: AAMI have been around for 40 years, starting out in car insurance. Their brand name is an acronym for Australian Associated Motor Insurers. Their tagline, “Lucky you’re with AAMI” has been used as part of their marketing since 1985. AAMI are a subsidiary of the Suncorp Group, offering car, home, travel, business and life insurance.

Apia: Apia have been around for over 25 years and have more than 700,000 customers across Australia with over 450 staff. They are a subsidiary of the Suncorp Group and offer products that are specifically catered towards people over 50. Apia provide insurance for homes, cars, caravans, boats, motorhomes, health, injuries, funerals and travel.

GIO: Founded as the ‘Government Insurance Office’ in 1927, GIO  Australia was established to take over the activities of the NSW Treasury Insurance Branch. It was listed on the Australian Stock Exchange in August 1992, before becoming a subsidiary of AMP in 1999 who then sold the company to the Suncorp Group in 2001, which it remains a part of. GIO offers car, home, life, travel, business and workers compensation insurance.

NRMA: NRMA Insurance’s history dates back to 1925 when it was established by the National Roads and Motorists’ Association (NRMA) to provide insurance to members in NSW and the ACT. In 1995 they began offering insurance in Queensland as well. Up until June 2013, NRMA Insurance were the only licenced provider of CTP insurance in the ACT. NRMA are part of the Insurance Australia Group (IAG) – which are the largest general insurers in Australia and New Zealand.


Photo: iStock – Kokkai Ng

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