The Motor Accidents Insurance Board (MAIB) is a Tasmanian Government Business Enterprise which operates a compulsory third party personal injury insurance scheme.
The scheme provides medical and income benefits on a no-fault basis to persons injured in motor accidents whilst enabling access to common law. MAIB also indemnify motorists who may have been negligent in a motor accident in which another person was injured.
The MAIB commenced operations in 1974 and is governed by the Motor Accidents (Liabilities and Compensation) Act 1973.
To be highly regarded nationally in the provision of competitively priced, quality, service-driven personal injury motor accident insurance.
To provide a commercially viable, cost competitive, high quality personal injury insurance scheme which offers fair and equitable compensation for people injured in a motor accident.
In seeking to achieve the vision and mission, the principal values of the MAIB are:
– Accountablity and responsibility
– Unity of purpose
– Professionalism and dignity