XASX
IAG
Market cap13bUSD
Oct 09, Last price
8.13AUD
1D
1.12%
1Q
-0.73%
Jan 2017
32.41%
IPO
175.59%
Name
Insurance Australia Group Ltd
Chart & performance
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Profile
Insurance Australia Group Limited (IAG), headquartered in Sydney, Australia, is a prominent provider of general insurance underwriting and investment management services across Australia and New Zealand. The company offers a comprehensive array of personal and commercial insurance policies. Its personal lines encompass coverage for home and contents, various motor vehicles (including comprehensive, classic, veteran, vintage, boat, and caravan policies), travel, life, and income protection. For commercial clients, IAG delivers solutions such as commercial property, motor fleet, diverse liability coverage (public, product, professional indemnity, and directors and officers), construction, engineering, workers' compensation, and policies tailored for rural and horticultural sectors (including farm, crop, and livestock). Additionally, it provides consumer credit and extended warranty insurance, alongside reinsurance services. IAG distributes its products through a wide network of channels, including company-owned branches and agencies, call centers, digital platforms, independent brokers, authorized representatives, financial institutions, and other third-party partnerships. These services are marketed under a robust portfolio of brands, notably NRMA Insurance, SGIO, SGIC, RACV, CGU, ROLLiN, WFI, Swann Insurance, NZI, State, AMI, Lumley, and Coles Insurance. Established in 1920, the company was initially known as NRMA Insurance Group Limited before adopting its current name, Insurance Australia Group Limited, in 2002.
Related entities
Subsidiaries (7)
IAG (NZ) HOLDINGS LIMITED
IAG ASSET MANAGEMENT LIMITED
IAG INTERNATIONAL PTY LIMITED
IAG RE LABUAN (L) BERHAD
INSURANCE AUSTRALIA LIMITED
IAG NEW ZEALAND LIMITED
IAG RE SINGAPORE PTE. LTD.
Key people
Non-Executive Independent Chairman of the Board · since 2021
William Mcdonnell
Chief Financial Officer · since 2023
Amanda Whiting
Chief Executive - IAG New Zealand · since 2021
Neil Morgan
Chief Operating Officer · since 2021
Peter Taylor
Group Chief Risk Officer · since 2022
Robert Cutler
Group General Counsel · since 2024
Nicholas Hawkins
Group Chief Executive Officer, Managing Director, Executive Director · since 2020
Julie Batch
Group Executive, Direct Insurance Australia · since 2021
Jarrod Hill
Group Executive, Intermediated Insurance Australia · since 2021
Christine Stasi
Group Executive People, Performance and Reputation · since 2019
Penelope Macrae
Group Company Secretary · since 2025
JoAnne Stephenson
Non-Executive Director · since 2025
Independent Non-Executive Director · since 2019
Independent Non-Executive Director · since 2016
Scott Pickering
Independent Non-Executive Director · since 2021
Independent Non-Executive Director · since 2021
George Savvides
Independent Non-Executive Director · since 2019
Wendy Thorpe
Independent Non-Executive Director · since 2023
Independent Non-Executive Director · since 2018
Headquarters & legal address
Level 13
Tower Two Darling Park
201 Sussex Street
Sydney, NSW 2000
AU
Tower Two Darling Park
201 Sussex Street
Sydney, NSW 2000
AU
Previous name
NRMA INSURANCE GROUP LIMITED
Valuation
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