- CEO
- Nicholas Hawkins
- Full Time Employees
- 12,359
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
- Address
- Tower Two Sydney NSW Australia 2000
- IPO Date
- Jan 20, 2010
- Business
- Insurance Australia Group Limited (IAG) is Australia's largest general insurance company, underwriting general insurance products including public and product liability, motor vehicle, bicycle, commercial property, farm, crop and livestock, consumer credit, professional indemnity, and workers' compensation; it also provides investment management services through brands such as NRMA Insurance, CGU, WFI, ROLLiN', SGIO, SGIC, and Lumley in Australia, NZI, State, AMI, and Lumley in New Zealand, Safety and NZI in Thailand, AAA Assurance in Vietnam, and joint ventures in Malaysia and India. Founded in 1920 and headquartered in Sydney, Australia, the company operates primarily in Australia and New Zealand with additional presence in Asia, serving retail, commercial, and intermediated customers through controlled operations that generate over $16 billion in annual premiums. In recent developments, IAG completed the $855 million acquisition of RACQ's general insurance business in September 2025, adding significant gross written premium and upgrading FY26 profit guidance to $1.55 billion to $1.75 billion, while a $1.3 billion strategic alliance with RAC WA awaits regulatory approval; the company advances its Enterprise Platform for retail businesses, enabling 69.8% of in-scope gross written premium, and a Commercial Enterprise Platform for intermediated operations in Australia and New Zealand.