Home Building Compensation Scheme: Insurance Policies and Claims

SIRA collects data on Home Building Compensation contracts and claims to monitor the scheme's operation. The report contains two distinct parts: policies issued since 1 July 2010, where icare HBCF is the sole provider, and claims information for policies issued prior to that date. This data supports oversight of a mandatory insurance scheme for residential building work in New South Wales.

Use Cases

• Monitoring scheme performance based on policy and claim volumes over time
• Analyzing claims trends for pre-2010 insurance contracts handled by runoff insurers
• Assessing the financial stability of the Home Building Compensation Fund (HBCF)
• Evaluating regulatory compliance and risk in the residential construction industry

Strengths

• Provides a clear temporal split in data coverage, distinguishing policies from before and after 1 July 2010
• Sourced from the authoritative State Insurance Regulatory Authority (SIRA) of the NSW Government
• Released under an open license (OGL-CA-2.0) facilitating reuse

Limitations

• Column names and data structure are not specified in any source, limiting understanding of granularity
• The dataset size (row count) and specific update frequency are unknown
• Multiple platform entries have identical or very similar descriptions, suggesting potential duplication rather than enriched metadata

Provenance

Source

State Insurance Regulatory Authority (SIRA), NSW Government

Collection Method

Collected in accordance with Home Building Compensation guidelines for scheme monitoring

Time Range

Policies from at least 1 July 2010 onward; claims data for policies prior to 1 July 2010

Freshness

Last updated: 2026-06-26 17:36:56.375387

Geography

New South Wales, Australia