Motor Accidents Insurance Board

**What is the MAIB?** The MAIB administers the funding and payment of Tasmania's compulsory third party (CTP) motor accident insurance scheme. Established in 1974 under the *Motor Accidents (Liabilities and Compensation) Act 197*3 (the Act), the Motor Accidents Insurance Board (MAIB) is a Tasmanian Government Enterprise (GBE). The purpose of the MAIB is to administer the funding and payment of Tasmania’s compulsory third party (CTP) motor accident insurance scheme. The scheme provides medical and income benefits on a no fault basis to people injured as a result of a motor accident while enabling access to common law. All states and territories within Australia have CTP schemes that are funded through the application of compulsory premiums on all registered motor vehicles. The MAIB charges the lowest premium in Australia. **Values** In seeking to achieve the vision and mission, the values of the MAIB are: - Commitment - we are accountable to our clients and each other to deliver on our purpose with integrity; - Connection - we engage and collaborate with our community to make a difference; and - Compassion - we support everyone as an individual with empathy, respect and dignity. **Vision Statement** Supporting people impacted by road trauma. **Mission Statement** Deliver a sustainable high quality personal injury scheme by: - Recognising and delivering client centred outcomes and acting fairly, within our scheme; - Providing a safe and supportive workplace for our people; - Partnering with quality providers; - Maintaining financial sustainability and affordable premiums; - Contributing to making Tasmanian's roads safer; and - Making a valued contribution to the Tasmanian community.