Insuring Tasmania's Tourism Industry
Insurance is becoming one of the biggest challenges facing Tasmania's tourism industry.
Premiums are rising, options are shrinking, and many operators are unsure what they can actually do about it.
On the 20th of March 2026, the TICT released a new industry report that highlights the growing pressure that rising insurance costs and limited market access are placing on Tasmania’s tourism industry.
Drawing on survey data from 109 tourism businesses, which together host more than 2.2 million visitors annually, the ‘Insuring Tasmania’s Tourism Industry’ report shows public liability and property insurance premiums have increased by more than 50 per cent over five years. The findings reinforce industry calls for action and set out practical recommendations to address the challenges, including informing the development of the state government’s proposed TasInsure model and continuing to advocate for solutions at the national level.
The TICT is focused on solutions, and has developed an industry toolkit for operators, along with a webinar to help operators better understand and manage insurance risk.
The TICT is looking forward to working collaboratively with Government at all levels as we look to address this complex and challenging problem.
Insuring Tasmania’s Tourism Industry Report
This report has been commissioned by the Tourism Industry Council Tasmania (TICT), supported by the Tasmanian State Government. It has been designed to capture concerns that have been expressed throughout the industry about increasing premiums and the impacts they are having on the confidence of business and the delivery of products.
More informationInsuring your business Operator Toolkit
Getting insurance and keeping premiums at a manageable level can be challenging for tourism and hospitality businesses. This toolkit has been developed in partnership with tourism operators and representatives from the insurance industry to provide you with the most helpful advice possible. It is a living document that will continue to be updated based on those tips and advice as well as expert insights from the insurance industry.
More informationInsurance Costs Rising? Access this Free Industry Webinar
Following the release of the Insuring Tasmania's Tourism Industry report, TICT delivered a free webinar series designed specifically for tourism operators.
These practical sessions explored:
- what is driving insurance costs
- what operators can realistically influence
- how to better present your business to insurers
- practical ways to manage risk and strengthen your position
Each webinar included industry insights, practical advice, and discussion with experienced operators from across the sectors of accommodation; adventure, tour & experiences; agritourism; festivals & events, and a general session also.
These sessions won't solve every insurance challenge facing the industry - but they are designed to help operators feel more informed, prepared and confident navigating a difficult environment.
A recording of the General (non-sector specific) webinar is available on request. Please reach out should you wish to access.