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ACCC - Professional Indemnity Cover insurance

View on aph.gov.au (opens in a new tab)
Status: Answered, finished
Asked by: Senator Dave Sharma
Committee: Economics
Portfolio: Treasury
Agency: Australian Competition and Consumer Commission
Round: 2026-27 Budget estimates
Question No: BET018
Asked: 11 June 2026
Answer due: 23 July 2026

Question

1. Has the ACCC given any consideration to, or initiated any investigation into, the market structure and level of competition regarding the provision of Professional Indemnity Insurance (PII) to the legal profession in New South Wales, specifically concerning the presence of a single or dominant provider? 2. If so, what was the result of that consideration/investigation?

Answer

See attached response.

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