We write to you as part of Berkshire Hathaway Insurance Australia’s commitment to communicating with our partners around the removal of the NSW Emergency Services Levy. This email has been sent to all BHIA primary contacts, recognising that Brokers may assist clients in NSW without necessarily being physically in that state.
As you will be aware, the NSW Government is moving to replace the Emergency Services Levy (ESL) currently imposed on regulated contracts of insurance and replace it with a levy imposed on properties to be paid alongside council rates.
On the 22nd of July, the NSW Insurance Monitor (Mr Allan Fels) published a Notice (including some guidance), which outlined the following:
Insurance companies or persons acting on their behalf (‘brokers’), are required to include the information, contained in the notice, in invoices or other statements, that they issue1 to any person, as to the price payable for the issue of a regulated contract of insurance.
1 Issue includes renewal, but not the variation of an existing regulated contract of insurance.
We attach a copy of the Monitor’s Notice – please click here. You will note the highlighted section for your contact details. We kindly ask that this is provided with all BHIA quotes/policies that you or any of your staff prepare for insurance contracts based in NSW from now until 30 June 2018.
If you have any questions feel free to contact us at firstname.lastname@example.org or alternatively refer to http://www.eslinsurancemonitor.nsw.gov.au/esl/Notices.page?#top.
Chief Underwriting Officer