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Insurance Australia Group Limited (IAG.AX)

ASX - ASX Delayed price. Currency in AUD
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4.6600+0.0500 (+1.08%)
At close: 04:10PM AEST

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
IndustryInsurance—Property & Casualty
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. Nicholas B. Hawkins B.Com., BCom, CA, F.C.A., FCAMD, CEO & Exec. Director2.11MN/A1968
Ms. Michelle McPherson BBUS(ACCT.), CA, GAICDGroup Chief Financial Officer959kN/AN/A
Mr. Neil Morgan B.Sc.Chief Operating Officer1.05MN/AN/A
Mr. Peter John HortonGroup Gen. Counsel & Company Sec.1.04MN/AN/A
Ms. Christine StasiGroup Exec. of People, Performance & Reputation915kN/AN/A
Mr. Timothy Paul Plant AMP, B.Agr Sc, B.Sc., Grad. Dip., M.B.A., MBAChief Insurance & Strategy Officer1.28MN/A1966
Mr. Peter John Taylor B.Com.Group Chief Risk Officer851.65kN/AN/A
Ms. Amanda G. WhitingCEO of New Zealand & Acting Group Exec. of Intermediated Insurance1.03MN/AN/A
Ms. Julie BatchGroup Exec. of Direct Insurance Australia1.02MN/AN/A
Mr. Jarrod HillGroup Exec. of Intermediated Insurance Australia1.35MN/AN/A
Amounts are as of 31 December 2022, 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, business, and rural and horticultural, as well as reinsurance. The company sells its products through branches and agencies, call centers, online facilities, brokers, agents, authorized representatives, 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 31 July 2022 is 5. The pillar scores are Audit: 5; Board: 2; Shareholder rights: 7; Compensation: 9.

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.