HBCF NSW Reforms | Home | Home Building Compensation Fund (HBCF) | Master Builders Insurance Brokers (MBIB) | Homeowners Insurance | Home Warranty Insurance New South Wales

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Major changes
to HBCF.

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builder dbi changes


In November 2016, the NSW Government made an announcement outlining reforms to the Home Building Compensation Fund (HBCF) to ensure its financial sustainability and ability to protect homeowners now and into the future.

As part of the continuing HBCF reforms, icare have announced changes to base premiums, risk based premium weighting and project application forms effective 2 October 2018.

Master Builders Insurance Brokers (MBIB) is one of only 24 brokers to have been granted a licence to act as a Distributor of icare.

All registered builders in NSW wishing to purchase insurance from icare must now select a licensed Distributor to manage their HBCF needs from 3 October 2017.

You should consider the specialist HBCF services offered by MBIB. We are the only licensed HBCF Distributor delivering 100% of profits directly back to the building and construction industry.