Insurance Australia Group

Insurance Australia Group Limited
Company typePublic
IndustryInsurance
Founded2000 (renamed from NRMA Insurance Group in 2002)
HeadquartersLevel 13, Tower Two, Darling Park
201 Sussex Street
Sydney NSW 2000
Australia
Area served
Australia
New Zealand
Thailand
Malaysia
Key people
Tom Pocket (chair and independent non-executive director)
Nick Hawkins (managing director and CEO, executive director)
ProductsGeneral, commercial, vehicle, home and contents insurance
RevenueIncrease A$11.8 billion (2017)[1]
Increase A$929 million (2017)[1]
Number of employees
13,500+
SubsidiariesNRMA Insurance, CGU Insurance, SGIO, SGIC, Swann Insurance, NZI, AMI Insurance, NZI Thailand, Safety Insurance, AmAssurance, Lumley Insurance, Coles Insurance, WFI, ROLLiN' Insurance
Websiteiag.com.au

Insurance Australia Group Limited (IAG) is a multinational insurance company. It is the largest general insurance company in Australia,[2] and also the largest in New Zealand through its subsidiary IAG New Zealand. IAG had its origins in the National Roads and Motorists' Association NRMA. It is headquartered in Sydney, Australia.

The NRMA Insurance business demutualised in July 2000, separating from NRMA, with an issue of shares to NRMA members. NRMA Insurance Group Limited changed its name to Insurance Australia Group Limited on 15 January 2002, according to its website. IAG is an umbrella organization with numerous well known insurance brands it has acquired.[2] The name IAG is not itself a customer-facing brand.

IAG is listed on the Australian Securities Exchange and is a constituent of the S&P/ASX 50 index.

  1. ^ a b IAGL 2017 annual report
  2. ^ a b "IAG : Everything you need to know". Insurance Business NZ. Key Media. Retrieved 18 August 2022.

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