Did you know that more people have a road traffic crash resulting in a CTP claim at 3pm on a Friday than any other time during the week? This is one of the insights Business Intelligence experts have gleaned from CTP scheme statistical analysis.
MAIC maintains statistics on the Queensland CTP scheme to monitor scheme trends and the performance of CTP insurers. This data is essential to the actuarial analysis of the scheme as well as the setting of premium bands and levies.
Insights from statistical analysis help inform MAIC’s research programs. MAIC also produces reports for our research partners and motoring groups to help inform policy and initiatives in road trauma mitigation.