Insurance Australia Group Limited (IAG.AX)

6.33 -0.10 (-1.56%) As of 03:45PM AEST. Market open.

Insurance Australia Group Limited

Tower Two
Level 13 Darling Park 201 Sussex Street
Sydney, NSW 2000
Australia
61 2 9292 9222
https://www.iag.com.au

Sector(s): Financial Services
Industry: Insurance - Property & Casualty
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Nicholas B. Hawkins B.Com., CA, F.C.A.	MD, CEO & Executive Director	2.39M	N/A	1968
Mr. Neil Morgan B.Sc.	Chief Operating Officer	1.12M	N/A	N/A
Ms. Christine Stasi B.A.	Group Executive of People, Performance & Reputation	1.03M	N/A	N/A
Ms. Julie Batch	CEO of NRMA Insurance	1.11M	N/A	N/A
Mr. Jarrod Hill	CEO of CGU & WFI	1.08M	N/A	N/A
Mr. Peter John Taylor B.Com.	Group Chief Risk Officer	1.2M	N/A	N/A
Ms. Amanda G. Whiting	Chief Executive of New Zealand	1.05M	N/A	N/A
Mr. William Rufus Benjamin McDonnell	Chief Financial Officer	N/A	N/A	1973
Mr. Robert Cutler	Group General Counsel	N/A	N/A	N/A
Ms. Amanda Wallace	Head of Corporate Communications	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

Description

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. It offers personal and commercial insurance products, including bicycle, comprehensive motor, commercial and motor fleet, commercial property and liability, construction and engineering, consumer credit, compulsory third party, directors and officers, extended warranty, farm, crop, livestock, home and contents, income protection, marine, veteran, vintage and classic car, boat, caravan, travel, life, professional indemnity, public and product liability, security, workers' compensation, motor vehicle, personal liability, business, and rural and horticultural, as well as reinsurance. The company sells its products through branches and agencies, call centers, online, brokers, agents, authorized representatives and partners, and financial institutions; and third parties under the NRMA Insurance, SGIO, SGIC, RACV, CGU, ROLLiN, WFI, Swann Insurance, NZI, State, AMI, Lumley, and Coles Insurance brands. The company was formerly known as NRMA Insurance Group Limited and changed its name to Insurance Australia Group Limited in 2002. Insurance Australia Group Limited was founded in 1920 and is based in Sydney, Australia.

Corporate governance

Insurance Australia Group Limited’s ISS governance QualityScore as of 1 April 2024 is 6. The pillar scores are Audit: 10; Board: 3; Shareholder rights: 7; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.