About us

VMIA

VMIA is the Victorian Government’s insurer and risk adviser, covering the people, places and projects that help Victorians thrive.

From iconic cultural institutions, major infrastructure, public schools and hospitals, to emergency services and not for profits, our clients are diverse but united in their ambition to make a positive impact in our community. We share this ambition.

Meeting our clients’ risk and insurance needs means they can be confident in the face of uncertainty and recover quickly when things don’t go to plan.

And because we operate across Victoria’s public sector, we’re uniquely placed to connect experts and decision makers with world-leading thinking and insights. This leads to smarter ways of working and partnering to prevent harm.

It underpins our purpose – to build a confident, resilient Victoria through world-leading harm prevention and recovery.

We’re also here for Victorian homeowners embarking on domestic building projects, offering cover to protect one of the biggest personal investments Victorians make in their lives.

In 2010, the State Government directed VMIA to provide domestic building insurance on a commercial basis to cover certain domestic building projects undertaken by builders and owner builders in Victoria. VMIA is a designated DBI insurer under the Building Act 1993

Domestic Building Insurance Program

Under the Domestic Building Insurance program, we provide cover for approximately 15,000 Victorian residential builders.

DBI is provided under the terms set out in the Domestic Building Insurance Ministerial Order [PDF, 147KB].

Changes were made to the Ministerial Order that came into effect from 1 July 2014

VMIA manages the claims for all VMIA-DBI policies issued by QBE since 31 May 2010.

The Domestic Building Insurance Program is monitored by the Essential Services Commission (ESC). The ESC has been requested to:

  • report annually on the Performance of Victoria’s DBI program. Details about the performance of the VMIA-DBI scheme can be viewed here; and
  • report biennially on the adequacy and validity of VMIA’s domestic building insurance premiums. The DBI Premium validation reports can be viewed here