The Insurance Monitor
The Insurance Monitor was originally appointed to his role by the NSW Government in June 2016 for the period to 31 December 2018. This appointment has recently been extended to 30 June 2020.
It is the Insurance Monitor’s role to make sure insurers do not charge unreasonably high prices or mislead policyholders while the Emergency Services Levy (ESL) is charged on property insurance policies. Penalties up to $10 million apply to those who are found to have contravened these provisions.