Thursday, February 13, 2014

I read that 80% of the Australian insurance market is with two groups, IAG and Suncorp. Here is a list of their brands.

I decided out of interest to make a note of the insurance brands which are part of the two big insurance groups in Australia. For many the range of brands creates confusion. At least knowing which brand belongs to which company may make things clearer.

Keep in mind when you walk into a bank and see an insurance brochure on the counter, or are offered insurance, check out the brochure and you'll often find one of the two main groups is often the company behind the insurance.

IAG insurance group brands

NRMA Insurance
SGIO (in Western Australia)
SGIC (in South Australia)
CGU
Swann Insurance
NZI
State and AMI (New Zealand)
Safety and NZI (Thailand)
AAA Assurance (Vietnam)
RACV (via a distribution and underwriting relationship with RACV Limited)

Suncorp group brands

Suncorp Insurance
AAMI
GIO
Apia
Vero
Shannons
Just Car Insurance
Insure MyRide
Bingle.com.au
Terri Scheer
CIL Caravan and MV Insurance
Resilium
AA Insurance
Asteron Life
Suncorp
Guardian Advice
AA Life
Suncorp Bank

Insurance brands which are not part of these two groups are.

Coles
Woolworths
Real
Hollard
Budget
Youi
Progressive

I hope others find use in this information.

Kelvin Eldridge
www.JustLocal.com.au

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