The Australian Prudential Regulation Authority (APRA) today announced the appointment of Fujitsu Australia (Fujitsu) to develop and administer the National Claims and Policies Database (NCPD) facility. The appointment follows a rigorous tender process.

An initiative of the Government, the NCPD is aimed at assisting the insurance industry in determining appropriate premiums and developing suitable insurance products for public liability and professional indemnity insurance. It is also intended to enable governments at Federal and State levels, the community and insurers to identify trends and implement changes that could reduce the incidence of, or lower costs of claims for, these classes of risk.

The NCPD will give insurers unprecedented access to detailed comparative data that will assist in pricing premiums while assuring data are secure and that confidentiality is not compromised.

APRA Member, Mr Steve Somogyi, said the objective of NCPD was to improve the affordability and availability of professional indemnity and public liability insurance in Australia and to improve risk management by insurers and the community.

“The availability of comprehensive data will also enable the Government to formulate appropriate policy for the insurance industry in general, and for these classes of insurance more specifically.”

Contributors are required to submit the first batch of claims and policies data, covering the period 1 January 2003 to 31 December 2004, by 28 February 2005. The first set of aggregate reports from the database will be available by May 2005.


The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, friendly societies, and most members of the superannuation industry.APRA is funded largely by the industries that it supervises. It was established on 1 July 1998.APRA currently supervises institutions holding approximately $2.0 trillion in assets for 20 million Australian depositors, policyholders and superannuation fund members.