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Insurance and Care NSW (icare) was formed in September 2015 through the amalgamation of six New South Wales government schemes covering dust diseases care, home building compensation, motor accident lifetime care, self-insurance for the state’s public servants, workers insurance, and sports injury insurance, as well as the separation from what is now the State Insurance Regulatory Authority and the Better Regulation Division.
By February 2016, the shakeup was complete, and within 12 months, icare had built an “ASX100 organisation-grade” enterprise platform and started doing business.