NSW ESL Rates

Below are NSW Emergency Services Levy (ESL) rates for our policies and relevant instructions provided by the Emergency Services Levy Insurance Monitor (‘Insurance Monitor’).

 NSW Insurance Monitor additional requirements

The NSW Insurance Monitor has released guidelines requiring Calibre Insurance to include information regarding the reinstatement of the NSW ESL rate on policy documentation. The NSW ESL reinstatement important notice (the Important Notice) will be applied to all Calibre Insurance system generated schedules from 15 September 2017.

You are required to provide your clients with the updated Calibre Insurance schedules. If you produce your own policy documentation please include the Important Notice on all schedules generated from 15 September 2017.

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If you have any questions or require further information regarding the removal of the NSW ESL please speak to your Development Manager.

NSW ESL Rates
POLICY INCEPTION DATE 01/06/2017
to
30/06/2017
01/07/2017
to
31/08/2017
01/09/2017
to
31/05/2018
01/06/2018
to
30/09/2018
01/10/2018
onwards
Fire including Business Interruption  

15%

 

 

0%

 

 35% 32% 30%
Insurance Monitor additional instructions The ESL Notice has been removed from Calibre Insurance system generated schedules.  The Important Notice included on Calibre Insurance system generated schedules. Brokers who produce their own schedules are requested to insert the notice on their schedules or provide it as an attachment to policies.

 

Please see full policy terms, conditions, limits and exclusions. Policies are issued by Calibre Insurance, a trading name of Hollard Commercial Insurance Pty Ltd (ABN 86 603 039 023, AFSL 474540) (‘Calibre Insurance’), acting under a binder as agent for the insurer The Hollard Insurance Company Pty Ltd (ABN 78 090 584 473, AFSL 241436) (‘Hollard’).

Please note: existing and renewing policies with an inception date up to 31 March 2018 will continue to be insured by Great Lakes Insurance SE (ARBN 127 740 632 I AFSL 318603) trading as Great Lakes Australia. Great lakes Insurance SE is a limited liability company incorporated in Germany.