3.2 New South Wales Government Insurance Authorities

The NSW Self Insurance Corporation (NSW SICorp) is the statutory authority established by the NSW Self Insurance Corporation Act 2004 to manage the Government's self insurance scheme known as the NSW Treasury Managed Fund. NSW SICorp operates as a branch of NSW Treasury and is responsible to the NSW Treasurer.

NSW SICorp utilises a wholly outsourced provider model. The current model has five claims management contracts, and separate actuarial, reinsurance and risk management contracts.

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