 | This article needs additional citations for verification. (December 2006) |
 | |
| Company type | Public |
|---|---|
| |
| Industry | Insurance |
| Founded | 2000 (renamed from NRMA Insurance Group in 2002) |
| Headquarters | Level 13, Tower Two, Darling Park 201 Sussex Street Sydney NSW 2000 Australia |
Area served | Australia New Zealand Thailand Malaysia |
Key people | Tom Pockett (chair and independent non-executive director) Nick Hawkins (managing director and CEO, executive director) |
| Products | General, commercial, vehicle, home and contents insurance |
| Revenue |  A$11.8 billion (2017)[1] |
| A$929 million (2017)[1] | |
Number of employees | 13,500+ |
| Subsidiaries | NRMA Insurance, CGU Insurance, SGIO, SGIC, Swann Insurance, NZI, AMI Insurance, NZI Thailand, Safety Insurance, AmAssurance, Lumley Insurance, Coles Insurance, WFI, ROLLiN' Insurance |
| Website | iag |
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.
- ^ a b IAGL 2017 annual report
- ^ a b "IAG : Everything you need to know". Insurance Business NZ. Key Media. Retrieved 18 August 2022.