The Insurance Council represents the interests of the Australian general insurance industry.
Established on 1 July 1975, Insurance Council succeeded the Fire Accident and Marine Underwriters Association, which traced its origins back to 1867.
Insurance Council was established to act as the peak body for general insurance companies in Australia licensed under the Insurance Act 1973.
Insurance Council's member groups include insurance and reinsurance companies, Lloyds underwriters, intermediaries and agencies from both the private and public sectors. They account for more than 90 per cent of all insurance business transacted in Australia by authorised insurers. Insurance Council funds its activities through a membership levy.
Insurance Council represents its members, handles issues and develops industry positions through government lobby, public affairs, industry forums, issues management and consumer services, all of which are backed up by technical research and resources.
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