Financial Sector (Collection of Data) determination No. 30 of 2005 (Cth)
Financial Sector (Collection of Data) determination No. 30 of 2005
Reporting Standard GRS 800.1 (2005)
Financial Sector (Collection of Data) Act 2001
I, Charles Watts Littrell, a delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 (‘the Act’) MAKE the reporting standard set out in the Schedule, which applies to general insurers within the meaning of the Insurance Act 1973.
Under section 15 of the Act, I DECLARE that the reporting standard shall begin to apply to general insurers on the later of 1 July 2005 and the date of registration on the Federal Register of Legislative Instruments.
Dated 21 June 2005
[signed]
……………………............
Charles Littrell
Executive General Manager
Policy, Research and Statistics Division
APRA
Interpretation
In this Notice
APRA means the Australian Prudential Regulation Authority.
Schedule
Reporting Standard GRS 800.1 (2005)
Policy Data: Public and Product Liability and Professional Indemnity Insurance
Objective of this reporting standard
This reporting standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001 (the Collection of Data Act). It requires general insurers (insurers) to provide APRA with information on public liability, product liability and professional indemnity policies in force during a reporting period.
Reporting requirements
If, at any time during a reporting period covered by paragraph 2, a reportable policy of an insurer is in force, the insurer must report on the policy, in accordance with the Data Specifications, by the time in paragraph 3.
Note: reportable policy is defined in paragraph 15.
For the purposes of the paragraph 1, the reporting periods are the six month period beginning on 1 January 2005 and ending on 30 June 2005 and each successive 6 month period (ending on a 31 December or a 30 June) after that.
A report required by paragraph 2 must be provided:
(a) if the reporting period ends on 30 June – by no later than the 31 August next following the end of the reporting period; or
(b) if the reporting period ends on 31 December – by no later than the last day of the month of February next following the end of the reporting period
or such later time as APRA may determine in writing. APRA may determine a later time in writing in relation to all insurers, or a class of insurers, or one or more insurers named in the determination.
Variation of reporting periods
APRA may, by notice in writing, change the reporting periods for a particular insurer so that it is required to report in respect of reporting periods based upon the insurer’s own accounting financial year.
APRA may, by notice in writing, change the reporting periods for a particular insurer to require it to provide reports under this reporting standard:
(a) more frequently (APRA may require this when, having regard to the particular circumstances of the insurer, APRA considers it necessary or desirable to obtain information more frequently for the purposes of the prudential supervision of the insurer); or
(b) less frequently (APRA may do so when, having regard to the particular circumstances of the insurer and the extent to which it requires prudential supervision, and other relevant considerations, it is unnecessary to require it to provide the information on a 6 monthly basis).
If APRA changes a reporting period under paragraph 4 or 5, a report required under this reporting standard in respect of the changed period must be provided by no later than the last day of the second month after the end of the changed period or such later time as APRA may determine in writing.
Method of submission
Reports required by this reporting standard must be rendered in comma separated values (CSV) format in accordance with the Data Specifications, and must be provided either:
(a) electronically through the web site by logging on using the relevant customer identification number and password provided by Fujitsu Australia (as agent of APRA), and following the instructions on that web site; or
(b) on CD-ROM, which must be sent by post to Fujitsu Australia (as agent of APRA), Level 16, 15 Blue Street, North Sydney, NSW, 2060.
Despite paragraph 7, APRA may, in writing, make either or both of the following determinations:
(a) a determination that reports required by this reporting standard must be provided in accordance with alternative information technology requirements specified by APRA in the determination; and
(b) a determination that reports required by this reporting standard must be provided to APRA or an agent of APRA at an alternative address in accordance with requirements specified in the determination.
Authorisation
Reports provided by an insurer in accordance with this reporting standard must be the product of processes and controls developed by the insurer for the internal review and authorisation of the information contained in the reports. It is the responsibility of the board and senior management of the insurer to ensure that an appropriate set of policies and procedures for the authorisation of data provided to APRA is in place.
Fujitsu Australia (as agent of APRA) will provide each insurer with a customer identification number. If an insurer proposes to submit reports required by this reporting standard using the method in paragraph 7(a) (i.e. via the website), the insurer must apply for a password by viewing the web page referred to in paragraph 7(a), quoting the insurer’s customer identification number and following the instructions for applying for a password on that page. Fujitsu Australia will advise the insurer’s Chief Financial Officer of the password for the insurer. When a report is provided using the method in paragraph 7(a), the insurer will be required to quote its customer identification number and password. Upon successful validation of the customer identification and password a secure session will be created and the report will be encrypted before transmission.
If a report required by this reporting standard is provided using the method in paragraph 7(b) (i.e. on CD-ROM), it must be provided under cover of a letter signed by either:
(a) the Principal Executive Officer of the insurer; or
(b) the Chief Financial Officer of the insurer.
Despite paragraphs 10 and 11, where APRA has made a determination under subparagraph 8(a) or (b) specifying an alternate method of submission, APRA may also determine in writing that:
(a) a specified person (who need not be the Principal Executive Officer or Chief Financial Officer) of the insurer;
(b) a person holding a specified position (which need not be the position of Principal Executive Officer or Chief Financial Officer) of the insurer; or
(c) a person authorised by the insurer to use the insurer’s customer identification number and password,
may, or must, authorise (in a manner specified) information provided by the insurer under this reporting standard.
Minor alterations to forms and instructions
APRA may:
(a) make minor variations to the Data Specifications (either generally, or in relation to a class of insurers, or in relation to a particular insurer) to correct technical, programming or logical errors, inconsistencies or anomalies;
(b) vary, omit or substitute (either generally, or in relation to a class of insurers, or in relation to a particular insurer) an occupation code or description in Appendix B to the Data Specifications, if APRA forms the view that the existing code or description is inappropriate having regard to the circumstances or business of each relevant insurer and any other relevant considerations; or
(c) vary, omit or substitute (either generally, or in relation to a class of insurers, or in relation to a particular insurer) a specification in a Table in the Data Specifications, if APRA forms the view that the specification is inappropriate having regard to the circumstances or business of each relevant insurer and any other relevant considerations.
If APRA makes such a variation it must notify affected insurers in writing.
Interpretation
In this reporting standard:
agent of APRA means a person appointed under s 47 of the Australian Prudential Regulation Authority Act 1998 to receive data on behalf of APRA.
APRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.
Chief Financial Officer means the person having the function of chief financial officer of the insurer, by whatever name called, and whether or not he or she is a member of the governing board of the entity, and if there is no such person means a person who performs similar functions to those commonly performed by a chief financial officer.
Data Specifications means the Data Specifications in the Schedule.
Fujitsu Australia means Fujitsu Australia Limited ABN 19 001 011 427.
general insurer has the same meaning as in the Insurance Act 1973.
insurer means a general insurer.
Principal Executive Officer means the principal executive officer of the insurer for the time being, by whatever name called, and whether or not he or she is a member of the governing board of the entity.
product liability insurance includes policies that provide for compensation for loss and or injury caused by, or as a result of, the use of goods.
professional indemnity insurance includes:
(a) insurance that provides cover for a professional for actions taken against that professional in tort, contract or under statute law in respect of advice or services provided as part of their professional practice, including cover in respect of damages and legal expenses;
(b) directors’ and officers’ liability insurance and legal expense insurance; and
(c) medical indemnity insurance.
public liability insurance includes:
(a) insurance covering legal liability to the public in respect of bodily injury or property damage arising out of the operation of the insured’s business; and
(b) insurance in respect of environmental clean-up costs resulting from pollution where not covered by Fire and Industrial Special Risk policies.
reportable policy means an insurance policy, entered into on or after 1 January 2003, of product liability insurance, professional indemnity insurance or public liability insurance, but does not include:
(a) reinsurance or retrocession cover;
(b) marine insurance; or
(c) domestic householder’s or owner’s insurance, or tenant’s liability insurance, sold in conjunction with a building or contents policy; or
(d) an insurance policy solely in relation to an event that could neither occur in Australia nor in relation to an insured resident of Australia.
For the purposes of paragraphs 3 and 6, where a report must be provided no later than a particular date, an insurer is required to ensure that the report is received by the person to whom it must be provided (whether APRA or an agent of APRA) no later than that date.
Schedule
Data specifications for individual policies for public and product liability and professional indemnity Insurance
Overview
These specifications have been prepared for the purpose of defining the policy information required to be submitted by general insurers in respect of public and product liability and professional indemnity insurance. This information will contribute to a National Claims and Policy Database (NCPD) in respect of these classes of insurance. The intention is to create a database that holds information in respect of claims and policies for public and product liability and professional indemnity on a national basis. State and Territory Government insurers will also contribute to the NCPD where possible.[1]
[1] State and Territory insurers are not required to comply with Reporting Standard GRS 800.1, however will provide information in accordance with this data specification where possible.
Details of requirements in relation to reporting periods, method of submission and authorisation are set out in the reporting standard. The data submitted by each general insurer will be validated by APRA each reporting period. The data validation to be performed is outlined in Appendix C.
Record Layouts and Field Specifications
Policy Data Specifications
Policy Data Data Item Public & Products Professional Risk Field type1 1* Insurer code M M 6a 2* Class of Business M M 2a 3* Record type M M 1a 4* Policy Basis M M 1a 5* Status M M 1a 6* Month of end of Reporting Period M M 8a 7* Policy number M M 30a/n 8* Risk number M M 30a/n 9* Product type M M 3a 10 Original Inception Date O O 8a 11 Date of commencement / inception (Term Inception Date) M M 8a 12* Effective Start Date M M 8a 13 Term Expiry Date M M 8a 14* Effective End Date M M 8a 15a Gross Annualised Premium T T 12n 15b Gross Earned Premium T T 12n 16 Gross Written Premium M M 12n 17a Turnover S S 25a/n 17b Total assets S S 25a/n 17c Professional fees S S 25a/n 17d Total number of staff S S 25a/n 17e Other S S 25a/n 17f Description of “Other” R R 50a 18 State O M 3a 19 Postcode M O 4n 20 Excess/Deductible/Attachment point M M 12n 21 Limits of Indemnity M M 12n 22 Nature of Insured Organisation/Occupation M M 6a or 4n 23 Coinsurance proportion M M 6n 1 Date must be DDMMYYYY, no delimiter.
Key:
M – mandatory field on all records from 1 July 2004.
O – Optional field
S or T – at least one of these field must contain a value (i.e. not blank).
R – Mandatory field if field 17e is used.
a – alpha
n - Numeric
* Fields so indicated, as a combination, must be unique.
Note: Where a policy is endorsed during the reporting period, separate records should be submitted for the exposure before and after the endorsement showing the relevant factors. If there are multiple endorsements or an endorsement covering the entire policy term that duplicates the unique record key (as above), then these records must be aggregated to create a single record that contains the latest statistical data relevant to the policy. See Appendix A, scenario 3 for example exposure records.
Policy Record Data Field Definitions
1. Insurer code
A unique code assigned by APRA to each contributor
2. Class of Business
PL = Public & Product
PI = Professional Risk
3. Record type
P = Policy record
4. Policy Basis
C = Claims Made basis
L = Losses Incurred basis
5. Status
N = New
R = Renewal
Code R where the insurer made a renewal offer to the policyholder and the policy was renewed, whether or not adjustments were made to policy details or coverage on renewal, i.e. there is effective continuity with the insurer, even if the policy is not technically renewed, such as with claims made policies under the Insurance Contracts Act. Code all other policy records as N.
The Status on an endorsement or cancellation should match that of the base policy. That is, endorsements on a renewed policy would have a status of 'R', while an endorsement on a new policy would have a status of 'N'.
6. Month of End of Reporting Period
The data for each submission will relate to a six month period. Enter as DDMMYYYY the last day of the period being reported, e.g. insert 30062004 for data relating to the six months ending 30 June 2004.
7. Policy Number
A unique policy identifier (which may relate to several separate risk records) by which the exposure and premium information on each individual record can be identified. This information is only used for cross-referencing by APRA – it will not be published except in any individual data reports prepared for the insurer concerned.
8. Risk Number
A unique risk identifier (which may be the same as the policy number if the policy contains a single risk) by which the exposure and premium information on each individual record can be identified. This information is only used for cross-referencing by APRA – it will not be published except in any individual data reports prepared for the insurer concerned.
9. Product Type (Table 1)
Class Public & Products Professional Risk Public liability (pure) PUB Products liability (pure) and product recall PRO Mixed public/products cover ('Broadform' liability) BRD Construction liability CON Environmental impairment liability EIL Excess Liability EXL Excess Umbrella EXU Umbrella covers UMB Other PLO Professional indemnity (not medical malpractice) and errors & omissions PII Association Liability ASN Directors' and Officers' liability D&O Defamation Insurance DFI Employment Practices EPL Financial Institutions Policy FIP Information & Communication Technology Insurance ICT Medical Indemnity/Malpractice MAL Superannuation Trustees STL Other PIO Note: where business is written as part of a package policy, the “Product type” is to be based on the nature of the cover offered, as set out in the above table. The fact that cover is sold in conjunction with other types of insurance is not collected.
10. Original Inception Date
Enter as DDMMYYYY the date when cover under this policy was first issued to the client. Where this information is not available, enter a hyphen (“-”).
11. Date of Commencement/Inception (Term Inception Date)
Enter as DDMMYYYY the start date of the reported policy term. For new business this must be the same value as field 10.
12. Effective Start Date
Enter as DDMMYYYY the start date on which the period of exposure commenced for the set of rating factors reported with this record. If the record is an endorsement, the 'effective start date' is the date on which the endorsement commenced. If the record is a cancellation, both the 'effective start date' and 'effective end date' will be the date that the policy was cancelled. Where the record is not an endorsement or cancellation, the 'effective start date' should equal the 'term inception date'.
Where there are multiple endorsements in one reporting period, each endorsement must be reported.
Note: If there are transactions (e.g. multiple endorsements with the same effective start and end dates or an endorsement covering the entire policy term) that duplicates the unique record key, then these records must be aggregated to create a single record that contains the latest statistical data relative to the policy. Where there is an endorsement that covers the entire policy term, the endorsement record should be aggregated with the new business or renewal record to represent the endorsed policy details.
13. Term Expiry Date
Enter as DDMMYYYY the end date of the reported policy term. This date is to remain unchanged for a cancellation to enable the correct calculation of GEP.
14. Effective End Date (for the purpose of tracking endorsements & cancellations)
Enter as DDMMYYYY the date on which the period of exposure is due to cease for the set of rating factors reported with this record. If the record is an endorsement, the 'effective end date' will be the date on which the endorsement concludes. If the record is a cancellation, both the 'effective start date' and 'effective end date' will be the date that the policy was cancelled. Where the record is not an endorsement or cancellation, the 'effective end date' should equal the 'term expiry date'
15. Premium (This field is not used)
You can choose to submit data for either 15a (Gross Annualised Premium) or 15b (Gross Earned Premium). However, you can submit data for both items if you have it available.
If you only provide GAP, the NCPD will calculate the GEP based on this amount. The system will not prevent you from reporting both. Where only one field is populated, the alternative field should be reported with a blank or a hyphen (“-“) but not a zero.
15a. Gross Annualised Premium
In this field insert (your co-insured share of) the gross annualised premium in force based on the rating factors represented by this record (in whole $, no decimal points). Exclude all statutory charges (Stamp Duty, GST, and also exclude Fire Service Levies) but include others costs (such as commissions and instalment charges). If the policy is for a term other than twelve (12) months, pro-rate the premium to a 12-month period.
Note that the premium for “short term events” cover should not be annualised. “Short Term Events” are defined as those that cover a specific period that is less than one month e.g. a sporting event over a long weekend or an annual festival.
Where a number of risks are reported separately, only the premium associated with that risk should be reported.
Note that this is NOT the gross written premium – it is the rate of premium for a full 12 months cover based on the rating factors that apply to the policy at the effective start date (field 12).
For the principle policy, the GAP must be reported in each and every reporting period, i.e. the original GAP amount will be reported each time the record is reported.
For an endorsement, the incremental change in GAP should be reported. For example, if the original policy was an annualised $1,000, and an endorsement to the policy increased the total premium (from inception) by $100, to $1,100, then $100 should be reported as the GAP on the endorsement record.
For a cancellation, the reported GAP amount will be the annualised amount (if any) refunded to the policy holder, stated as a negative. Negative numbers should be reported with a minus sign '-'.
Where records are aggregated due to duplication of the unique record key, the GAP must be the combined value of the GAP for all of the aggregated records.
In some cases (particularly endorsements) it would not be unusual to have a zero annualised premium.
15b. Gross Earned Premium (GEP)
In this field, insert (your co-insured share of) the earned amount of gross annual premium for the exposure of this policy during the reporting period (in whole $, no decimal points) between the effective start date (field 12) and effective end date (field 14). Include the same components as for gross annualised premium.
Where a number of risks are reported separately, only the premium associated with that risk should be reported.
For endorsements and cancellations, the GEP should still be the earned amount of gross annual premium for the exposure of this endorsement or cancellation during the reporting period (in whole $, no decimal points) between the effective start date of the endorsement or cancellation (field 12) and effective end date of the endorsement or cancellation (field 14).
For an endorsement, the GEP will recognise the value of the premium earned on the endorsement for the relevant reporting period. For example, if the written premium on the endorsement was an incremental increase of $200, the GEP reported for the endorsement would represent the premium earned during the reporting period in respect of the incremental $200 written.
Negative numbers should be reported with a minus sign '-'.
Where records are aggregated due to duplication of the unique record key, the GEP must be the combined value of the GEP for all of the aggregated records.
16. Gross Written Premium (GWP)
In this field insert (your co-insured share of) the gross written premium for the exposure of this policy. Exclude all statutory charges (Stamp Duty, GST, and also exclude Fire Service Levies) but include others costs (such as commissions and instalment charges).
Where a number of risks are reported separately, only the premium associated with that risk should be reported.
For endorsements and cancellations, the incremental change in GWP should be stated.
For the principle policy, the GWP must be reported in each and every reporting period, i.e. the original GWP amount will be reported each time the record is reported.
For an endorsement, the incremental change in GWP should be reported. For example, if the original policy was for $1,000, and an endorsement to the policy increased the total premium by $200, to $1,200, then $200 should be reported as the GWP on the endorsement record.
For a cancellation, the reported GWP amount will be the amount (if any) refunded to the policy holder, stated as a negative amount. Negative numbers should be reported with a minus sign '-'.
Where records are aggregated due to duplication of the unique record key, the GWP must be the combined value of the GWP for all of the aggregated records.
17. Risk Factor (This field is not used)
Risk factor is a measure of the relative exposure that the policy represents. This should be the total value of the organisation, not the insurer’s share of risk (but see note on policy field item 23 below).
All fields from 17a to 17e must be provided with either a blank or a value based on the definitions below. At least one of the fields must be contain a value and if 17e contains a value then 17f must provide a brief description. Each field may be reported in whole dollars or as a band. If you report fields in bands, show the range of the band in whole dollars e.g. if turnover is up to $5 million, enter “1-5000000”, if between $20 million and $50 million, “20000001-50000000”. Commas must be excluded from all numbers.
17a. Turnover
Most recently declared annual turnover represented by this risk record.
17b. Total Assets
Most recent prior year business assets represented by this risk record.
17c. Professional Fees
Most recent prior year annual professional fees represented by this risk record.
17d. Total number of staff
Most recent prior year number of full-time equivalent staff members employed in the insured business or practice, whether or not members of a profession.
17e. Other
If any of 17a, 17b, 17c or 17d contains a value, then this field must be blank. However if none is applicable then this field must contain a value and a brief description of the risk factor must be provided in field 17f.
17f. Other Description
If 17e contains a value, this field must contain a brief description of the risk factor of the value provided in field 17e.
18. State [Required for professional risk]
For professional risks, this should be the state (ACT, NSW, NT, QLD, SA, TAS, VIC and WA) where work is done; if multi-state cover is provided, include the state where the majority of work is done. For EPL and D&O, provide the state where the head office is located. This would be expected to be sourced from data for stamp duty split purpose.
Where this information is not available for public and products liability, enter a hyphen (“-“).
19. Postcode [Required for public and products liability]
Enter the Postcode of the location of the principal risk. If not available, enter the postcode of the head office or the postal address of the policyholder.
Where this information is not available for professional risk, enter a hyphen (“-“).
20. Excess/Deductible/Attachment Point
How much of any claim that an insured must bear before the insurer becomes liable (in whole dollars). Where different levels exist for different causes of claim, enter the excess that is most commonly applied for such policies, or where that is not available, the minimum applied.
For Liability XOL policies, the attachment point should be reported.
21. Limit of Indemnity
Insert your (share of the) limit of indemnity in whole dollars disregarding any excess payments by the insured.
22. Nature of Insured Organisation/Occupation
For Public and Products Liability, EPL and D&O risks, use the principal classification of the business from the latest edition of Catalogue Number 1292.0 Australian and New Zealand Standard Industrial Classification (ANZSIC), published by the Australian Bureau of Statistics and available on their web site. Provide data at the 4-digit ANZSIC code level. Any reports or publications will be aggregated to the 2 digit level ANZSIC.
Residential strata owners’ liability is collected under ANZSIC classification 7711- Residential Property Operators, whereas for Commercial Property Operators it is either 7712 or the occupation code that is most closely aligned with the tenancy of the strata.
For Professional Risks (excl EPL and D&O), use the codes provided in Attachment B except for code “OMULTI” which is only for use for facility business. Where an appropriate code does not exist for the insured organisation, the first character of the appropriate industry may be used.
23. Coinsurance Proportion
Your proportion of a co-insured risk, to 2 decimal places (e.g. 66.66 for 66.66%, or 100.00 for 100%). Advise APRA of how you record (a) turnover (b) limit of indemnity (c) premium (d) losses – 100% of the risk or just your share. The preferred form of data submission is indicated under each individual data field in this specification.
The expected value in this field is 100.00 if no coinsurance applies to the policy.
Appendix A: Example Treatment of Exposure Records
Insurers are to provide an initial record for each policy/risk at the start of each period with additional records each time that policy/risk changes in any way in terms of its exposure. The following sets out the expected relationship between Gross Annualised Premium and Gross Earned Premium for your information.
Note: Start date = Term Inception Date (field 11) Date exp from = Effective Start Date (field 12)
End date = Term Expiry Date (field 13) Date exp to = Effective End Date (field 14)
GAP = Gross Annualised Premium (field 15a), NOT written premium. GEP = Earned Premium (field 15b).
Renewal Example
Endorsement Example
Back-dated Endorsement Example
Cancellation Example
Appendix B: APRA Occupation Codes for Professional Indemnity
CODE Occupation Description A Financial Miscellaneous occupations AABANK Bank AACCNT Accountancy – Other AACINS Accountancy - Insolv & Aquis AACMAN Accountancy - Management Service AACTAX Accountancy - Taxation AACTUA Actuarial AAUDIT Accountancy - Audit ABLDSO Building Society ABOOKP Bookkeeping ABSCON IT Business Systems ABUSBR Business Brokers ACHCON Hardware Engineering/Sec/Sales ACLHOU Clearing House ACMBRK Commodity & Futures Broking AFBDEA Futures Broker/Dealer ACMCON Computer Consultants ACOMAU Computer Systems Auditor ACOMPR Computer Programmer ACOMSB Computer Service Bureau ACRMAN Credit Management Services ACRUNI Credit Union ACTCON IT Education & training ACUSTO Custodian ACWCON Web Design ADBTCL Debt Collection & Mercantile Agents AFINCO Financial Counsellors AFNADV Finance Adviser AFNBRK Finance Broking AFNMGR Financial Risk Management AFPCON Financial Planning Consultancy AFRANC Franchisor AFRIEN Friendly Society AFUNDM Fund Manager AINCON Investment Consultancy AINDEA Licenced Security Dealer AINSUR Insurance Company AMANIN Managed Investment Scheme AMERBA Merchant Bank AMORBR Mortgage Broker AMORMA Mortgage Manager AMOROR Mortgage Originator APFCON Financial Planners ASTBRK Stock & Share Broking ASUPAD Superannuation fund administrator ASUPTR Superannuation Trustee ATAXAG Taxation Agency ATSTCO Trustee & Executor Company ATSTSU Trustee Services B General Consultants - Miscellaneous occupations BAGCON Air Cargo Consultancy BARCON Air Pollution Consultancy BAVCON Aviation Consultancy BCMCON Communication (PR) Consultancy BCNCON Corrosion Consultancy BCONCO Convention Coordinator BCRIMI Criminologist BECONO Economist BENCON Environment & Pollution Consultancy BEVMAN Event Managers & Co-Ordinators BFOCON Forestry Services & Consultancy BFOODC Food Consultant BHRCON Human Resource Consulting BIRCON Industrial Relations Consultant BLTCON Telecommunication Consultants BMANAG Management Consultancy BMELON Meteorological Consultancy BMGCON Migration Consultancy BMHCON Materials Handling Consultancy BMNCON Marine Consultancy BMOCON Marketing Consultancy BMRCON Market Research Consultancy BMTCON Materials Testing Consultancy BNTCON Natural Resource Consultancy BOCCON Oceanographic Consultancy BODCON Odour pollution Consultancy BPCCON Pest Control Consultancy BPNCON Personnel Consultancy BPRCON Public Relations Consultancy BQUALC Quality Assurance Consultant BRSCON Research Industry & Scientific BSECON Security Consultancy BSOCIO Sociologist BSOCON Solar Energy Consultancy BTACON Travel Agency &/or Consultancy BTCCON Technical Consultancy BTESTS Inspection & Testing Services BTLCON Telecommunication Consultants BTOCON Tourism Consultancy BTOOPP Tour Operator BTPCON Transportation Consultancy BTRANS Translator / Interpreter BTTCON Textile Consultancy BWCCON Water Conservation Consultancy BWNCON Wine Industry Consultancy BWPCON Water Pollution Consultancy C Medical & Paramedical Miscellaneous occupations CACUPT Acupuncturists CALCON Allergy and asthma consultant CALTHE Alternative health services CANAGE Anaesthetics - general CANAIC Anaesthetics-intensive care CAUDIO Audiologist CAUDIM Audiometrist CCARDI Cardiology CCARTH Cardio-thoracic surgery CCHILD Child Care Centre CCHIRP Chiropodists CCHIRO Chiropractics CCLCGN Clinical genetics CCLCHA Clinical haematology CCLCIM Clinical immunology CCLCPH Clinical pharmacology CCOLSU Colorectal surgery CCOSSU Cosmetic surgery CDENTI Dentistry - oral surgery CDENTO Dentistry -other CDERMI Dermatology CRADOL Diagnostic radiology CRADOG Diagnostic radiology - Practitioner CDIETI Dietician CDGALC Drug and alcohol counselling CENTHR Ear, nose and throat (ENT) CEMERG Emergency medicine CENDOC Endocrinology CENDOS Endoscopy CFAMSU Facio-Maxillary surgery CGASTR Gastroenterology CGENME General and internal medicine CGENPN General practice - no procedure CGENPY General Practice - procedural CGENSU General Surgery CGERIA Geriatrics CGYNAE Gynaecology only CHOSTL Hostel CHYGCO Hygiene consultant CINFDS Infectious diseases CINTCR Intensive care CMEDON Medical oncology CMIDWI Midwifery CNATUR Naturopaths CNEONA Neonatology CNEURO Neurology CNEUSU Neurosurgery CNUCLR Nuclear Medicine CNURSS Nursing -general CNURSE Nursing—nurse practitioner CNUTRI Nutrition COBSGY Obstetrics & Gynaecology COBSTO Obstetrics only COCTHE Occupational medicine COHSCO OHS Practitioner COPTHA Ophthalmology COPTOM Optometrist CORALM Oral surgery—medical CORTSU Orthopaedic surgery COSTEO Osteopathy COTHER Other hospital-based medical practitioner CPAEDM Paediatric medicine CPAEDS Paediatric surgery CAMBOF Paramedical and ambulance staff CPATHO Pathology CPCHEM Pharmacy CPHOSP Hospital CPHYSI Physiotherapy CPLAST Plastic surgery CPNHOM Nursing Home CPODTS Podiatry CPSYCH Psychiatry CPSYCO Psychology CPHPRM Public health/preventive medicine CREHSV Rehabilitation medicine CRENAL Renal medicine CRESPC Respite Care Services CRESPM Respiratory medicine CRETIR Retirement Village CRHEUM Rheumatology CSONOG Sonographer CSPEEC Speech Pathologists CSPTHE Speech therapist CSPINE Spinal surgery CSPORT Sports medicine CTHMAS Therapeutic Masseur CRADTH Therapeutic radiology CTHORA Thoracic medicine CUROLO Urology CVASCU Vascular surgery D Legal & Para Legal - Miscellaneous occupations DBARIS Barristers DCONSV Conveyancing Services DJPEAC Justice of the Peace DLGLCS Legal Costing Services DLNDBR Land Broking DMARCE Marriage Celebrant DPATNT Patent Attorneys DPRSER Process Servers DPTTMA Patent & Trade Mark Attorney DSHARR Share Registry DSOLIC Solicitors DTITLE Title Searching DTMCON Trademark Development &/or Investment E Real Estate Miscellaneous occupations EANVAL Valuer - fine art EAUCTN Auctioneering EBDCOR Body Corporate Management Services EHOTBR Hotel & Motel Broking ELECON Electrical Contracting EMTCON Motel Management Consultancy EPTCON Property Consultants EPTRPT Property & Inspection Reports EREACT Real Estate Agency- Commercial EREAGT Real Estate Agency- Domestic EREAHT Real Estate Agency- Hotels EREAIT Real Estate Agency- Industrial EREAPM Property Management Services EREVAL Real Estate Agent & Valuations ESTMGR Strata Title Management F Agricultural, Horticultural miscellaneous occupations FAGCON Agricultural Consultancy FAGRON Agronomy FANBRE Animal Breeders FAQCON Aquaculture Consultants FARTBD Artificial Breeding Services FBSKAG Bloodstock Agency FEXPLS Export Livestock Veterinary Consultant FFMADV Farm Management Advisory Service FFMCON Farm & Agricultural Consultant FHTCON Horticultural Consultancy FMOROR Mortgage Originator FPPORG Primary Production Organisation FSSAGT Stock & Station Agency FVALUR Valuer - real estate FVETBS Veterinary Surgeons Bloodstock FVETEQ Veterinary Surgeons- Equine FVETGH Veterinary Surgeons- Greyhound FVETLS Veterinary Surgeon Livestock FVETSM Veterinary Surgeons-Small/Pets FVTLAB Veterinary Laboratories FWLBRK Wool Broking G Schools, Colleges - Miscellaneous occupations GBALSH Ballet School & Dance Tuition GCUBAS Scuba Diving Instruction - COMMERCIAL GEDCON Education Consultancy GKINDA Kindergartens GPSCHL Private School GSCHOL Primary Schools GSCUBA Scuba Diving Instructor - recreational GSECOL Secondary Schools/Colleges GTEACH Teacher GTRCON Training & Development Consultants GUNVER Universities H Insurance - miscellaneous occupations HARGEN Authorised Representatives (general insurance products) HARLIF Authorised Representatives (life insurance products) HININV Insurance Investigation HINSAG Insurance Agency HINSBK Insurance Broking HINSLA Insurance Assessors & Loss Adjusters HINSUR Insurance Surveyor HLASAG Life Assurance Agents HLOSSA Loss Assessor HLSCON Loss Control & Management Control HRMCON Risk Management Consultants HUWAGT Underwriting Agent I Local Government - Miscellaneous occupations IADVOR Govt. Advisory Organization ILGTAT Local Government Authority IMUNCL Municipal / Shire Councils J Miscellaneous occupations JADVAG Advertising Agency JANTHE Anthropologist JARBIT Mediation & Arbitration JARCHE Archaeology JBEAUT Beauty Therapy JBTBKR Boat & Yacht Broking JBTDES Boat & Yacht Designing JCARGO Cargo & Marine Surveying JCMADV Community Advice Centres JCOACH Sports Coach JCOASS Association - Community JCOURI Courier Service JCSFAG Customs Shipping & Forwarding JCUSTA Customs Agency JDIASS Association - Disability JDIVSE Diving Services JENASS Association - Environmental JFAMWL Family Welfare Organization JFUNRL Funeral Directing JGPDES Graphic design JINVES Investigators JMARRC Marriage, Family, Personal Councillor JMNENG Marine Engineers JMNSUR Marine Surveying JNVARC Naval Architecture JPHOTO Photographer / Cameraman JPIDES Product & Industrial Design JPRASS Association - Professional JRELIG Religious Organisation JRESER Research & Development Corp JSECRE Secretariat Services JSHPCH Ship & Boat Chandelling JSPASS Association - Sporting JTDASS Association - Trade JTECHW Technical Writers JTELAN Telephone Answering / telemarketing JTRAUN Trade Union JWEASS Association - Welfare JWTCON Writers Consultant &/or Service K Architects Miscellaneous occupations KACHTS Architects KARCDR Architectural Draughtspersons KINTDE Interior Designers & Fit out Consultant KLACHS Landscape Architecture KLACTP Town Planning KPLUMB Plumbing Consultants L Engineering - miscellaneous occupations LACENG Engineer – acoustic LAEENG Engineer – aeronautical LAGENG Engineer – agricultural LBCERT Building Certifiers LBHENG Building Hydraulic Design Engineer LBIENG Engineer – biomedical LBINSP Building Inspectors LBLCON Building Consultants LBLDES Building Designer LBLDIN Building Inspector - Victorian Building Act activities only LCHENG Engineer – chemical LCHSCI Chemical Scientist LCIENG Engineer – civil LCONMG Construction Management LCONTE Concrete Testing & Investigation LDSCON Drainage Sewerage & Water Supplies LELENG Engineer – electrical LELINS Electrical Inspectors LENAUD Environmental Auditor LENGDT Engineering Draftspersons LENVEN Engineer – environmental LETENG Engineer – electronic LFPENG Engineer - fire protection / safety LFSENG Foundation & Structural Engineer LGEEON Engineer - geo-technical - soil testing LGEOLO Engineer – geological LHAENG Engineer – harbour LHDENG Hydro Electric Engineering LHMENG Materials Handling, Process Engineer LHVENG Heating/Ventilation/Air-Con LHYENG Engineer – hydraulic LMAENG Engineer – marine LMCENG Engineer – Metallurgical LMEENG Engineer – Mechanical LMIENG Engineer - mining / minerals processing LNDCST Non Destructive Testing Consul LPCCST Petrochem,Chemical,Natural Gas,Env Con LPEENG Power & Energy Engineering LPREIN Pre-purchase Inspection Services LPRMGR Project Managers LRFENG Engineer – Refrigeration LSFENG Safety Engineering LSTENG Engineer – structural LTELEC Engineer – telecommunications LTNPNR Town Planners LTRENG Engineer – Traffic LWASTE Waste Management Consultants LWWENG Engineer - water treatment / sewage M Surveying Miscellaneous MBLSUV Building Surveyor MCARTO Cartographer MCMSUV Surveyors - Cargo and/or Marine MCOSTE Cost Estimators MHYSUV Surveyors – Hydrographic MLDSUV Land Surveyors MQTSUV Surveyor – quantity MSUREN Surveyor – Engineering MSURMI Surveyor – Mining N Defamation – misc NFPROD Film Producer NJOURN Journalist NPUBLI Publishers NRADIO Radio Broadcasters NTVBRO Televisions Broadcasters O Multiple Occupations OMULTI Multiple Occupations*
* Only available for facility business.
Appendix C: Data Validation
As well as unit record validation, overall reasonability checks will be carried out on each insurer’s data.
With each half-yearly data submission
Various comparisons between the current reporting period and the previous period will be carried out in order to monitor data reasonability and consistency. These may include:
Change in the aggregate Gross Earned Premium, split by two digit ANZSIC code or single character occupation code;
Changes in the total numbers of policies and claims;
Counts of claims by various measures; causes of loss, severity or litigation status; and
Changes in the average and total claims paid.
As well, various reasonability checks will be carried out within each period submission, including;
Overuse of the various ‘Other’ categories and codes; and
Comparison of the various premium fields against each other.
Other reasonability checks may be carried out on an ad hoc basis.
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