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Australia
AU 438176 | Enterprise Profile

Insurance and Care NSW

IW
IBISWorld Research Department
Analyst Australia

icare is a Government Body that generates the majority of its income from the Life Insurance industry. In 2023 the company generated total revenue of $1,096,964,000 including sales and other revenue. In 2023 icare had 1,756 employees including employees from all subsidiaries under the company's control. The Chief Executive of icare is Ms Geniere Aplin whose official title is Chief Executive Officer. The Chairman of icare is Mr John Robertson whose official title is Chair. Insurance and Care NSW, trading as icare, operates and provides services for the New South Wales Government's insurance and care schemes, which includes the following: Workers Insurance Lifetime Care CTP Care Workers Care Program Dust Diseases Care Home Building Compensation Fund Insurance for NSW Sporting Injuries Insurance

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What's included in this industry analysis

IBISWorld's research coverage on the Insurance and Care NSW includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of March 2026.

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Company Details

What’s this enterprise profile about?

Insurance and Care NSW, trading as icare, operates under the ABN 16 759 382 489 and was incorporated on 01 September 2015. Insurance and Care NSW primarily operates in the General Insurance industry in Australia.

Key Personnel

What’s included in the Key Personnel chapter?

The Key Personnel chapter outlines the principal leadership positions within Insurance and Care NSW, including the Chairman, Board members, Chief Executive Officer, and other key management personnel. It provides an overview of the company’s governance and executive structure, along with a breakdown of gender diversity across leadership roles, offering insight into the composition of the organisation’s senior team.

Financials

What’s included in the Financials chapter?

The Financials chapter presents Insurance and Care NSW’s historical financial performance, including detailed profit and loss statements outlining sales revenue, cost of sales, and profitability. It also incorporates balance sheet data, providing a breakdown of assets and liabilities, as well as additional financial metrics such as the number of shares on issue. Together, these disclosures offer a comprehensive view of the company’s financial position and performance over time.

Growth & Ratios

What’s included in the Growth & Rations chapter?

The Growth & Ratios chapter provides historical data on key financial performance indicators, enabling an assessment of the company’s operational efficiency, profitability, and financial structure over time. Metrics covered include return on equity, return on assets, profit margins, revenue per employee, as well as gearing and leverage ratios, offering a comprehensive view of performance trends and capital management.

Operating Segments

What’s included in the Operating Segments chapter?

The Operating Segments chapter provides an overview of the revenue composition and asset allocation across the various industries in which Insurance and Care NSW operates. It offers insights into how the company’s financial performance is distributed among its core business segments, highlighting the relative contribution of each industry to total revenue.

Competitor Benchmarking

What’s included in the Competitor Benchmarking chapter?

The Competitor Benchmarking chapter includes a comparative assessment of Insurance and Care NSW’s key financial, growth, and valuation ratios against industry averages to evaluate its competitive position. It analyses valuation metrics such as price-to-earnings, price-to-book, enterprise value to EBITDA, and enterprise value to sales, alongside core financial indicators including liquidity ratios and profitability measures.

Industries of Operation

What’s included in the Industries of Operation chapter?

The Industries of Operation chapter outlines Insurance and Care NSW’s market share across the industries in which it operates. Each industry profile includes a comprehensive overview featuring data on total market size, the number of enterprises, industry concentration levels, and overall turnover. This analysis provides context for the company’s competitive position and scale within each relevant market.

Shareholders

What’s included in the Shareholders chapter?

The Shareholders chapter provides a breakdown of the ownership structure of Insurance and Care NSW, identifying key shareholders and outlining their respective ownership interests. This section offers insight into the concentration of shareholdings, the presence of institutional or strategic investors, and the overall distribution of equity within the company.

Subsidiaries

What’s included in the Subsidiaries chapter?

The Subsidiaries chapter provides an overview of the companies and business entities that are wholly or partially owned by Insurance and Care NSW. It outlines the ownership structure of each subsidiary, offering insight into the broader corporate group and how these entities contribute to the company’s overall activities and performance.

History

What’s included in the History chapter?

The History chapter presents a overview of Insurance and Care NSW’s development, highlighting key milestones and significant corporate events since its incorporation. It includes the company’s incorporation date and outlines major strategic, operational, and structural developments, providing context for its evolution and current market position.

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Frequently Asked Questions

What is Insurance and Care NSW?

Insurance and Care NSW, trading as icare, operates and provides services for the New South Wales Government's insurance and care schemes, which includes the following: Workers Insurance Lifetime Care CTP Care Workers Care Program Dust Diseases Care Home Building Compensation Fund Insurance for NSW Sporting Injuries Insurance

What industry does Insurance and Care NSW operate in?

Insurance and Care NSW, trading as icare, is a Private Company that generates the majority of its income from the General Insurance industry in Australia.

Where is Insurance and Care NSW located?

Murray Cod Australia Limited company is based at 321 Kent Street, Sydney, New South Wales, Australia.

Who is the CEO of Insurance and Care NSW?

The Chief Executive Officer of Insurance and Care NSW is John Robertson and the Chief Executive Officer is Geniere Aplin.

What was Insurance and Care NSW’s revenue in 2025?

In 2025, Insurance and Care NSW generated total revenue of approximately $1.1 billion.

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