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Sunday, October 24, 2021

New Taskforce To Tackle CTP Green Slip Fraud

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The NSW Government will establish a taskforce and hotline to crack down on CTP fraud across the state.

Minister for Innovation and Better Regulation Victor Dominello said that the average green slip for a car in Sydney now costs more than $600, and prices had risen up to 70 per cent since 2008, with fraud being a contributing factor.

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“The NSW Government has identified an alarming rise in suspected fraudulent CTP claims. This is unfair and cheats all motorists who end up paying higher green slip prices,” he said.

“A dedicated fraud taskforce is being established to crack down on this issue and identify ways in which it can be prevented.

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“This is a very serious issue and I strongly urge anybody who suspects fraud to report it to the newly established CTP Fraud Hotline on 1800 600 444.”

NSW Government data indicates that fraudulent and exaggerated claims are contributing to a $75 increase for each NSW green slip.

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The taskforce, chaired by the Chief Executive of the State Insurance Regulatory Authority, will make recommendations to the NSW Government on strategies to deter, detect and respond to unmeritorious and fraudulent CTP claims.

The taskforce will also develop an education awareness campaign that will inform the public on fraud being a community issue.

The taskforce will comprise of representatives from NSW Government agencies and the legal, health and insurance sectors.

Further information on the taskforce and hotline is available at www.sira.nsw.gov.au.

Online Source

The Indian Telegraph Sydney Australia

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