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   General Insurance in Australia
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Insurance Australia Group Limited - Premium Company Report Australia

30-06-2012, 23 pages

Insurance Australia Group Limited is a Public Company that is ranked number 26 out of the top 2000 companies in Australia. The company generates the majority of its income from the General Insurance in Australia industry.

In 2012 the company generated total revenue of $11,539,000,000 including sales and other revenue. In 2012 Insurance Australia Group Limited had 13650 employees in Australia including employees from all subsidiaries under the company's control.

The Chief Executive of Insurance Australia Group Limited is Mr Michael Wilkins whose official title is Chief Executive Officer & Managing Director. The Chairman of Insurance Australia Group Limited is Mr Brian Schwartz whose official title is Non-Executive Chairman. 

IAG divides its operations into the following four geographic business segments:

 

  • Australia - Brands include NRMA Insurance, CGU, SGIO, SGIC and Swann Insurance.
  • New Zealand - Operates through NZI,State Insurance and AMI Insurance.
  • Asia - Brands include Kurnia Insurance, NZI Thailand, Safety Insurance, AmAssurance, SBI, AAA Assurance, Bohai Insurance.
  • United Kingdom - Brands include Equity and Barnett & Barnett.

 

Businesses within each segment offer a comprehensive range of insurance products, including:

 

  • Motor
  • Property
  • Construction & Engineering
  • Marine
  • Income protection
  • Professional indemnity
  • Commercial & Personal Liability
  • Rural & Farming
  • Home protection
  • Family protection
  • Fire
  • Health
  • Education
  • Saving & Investment
  • Retirement
  • Niche insurance

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