CGU

CGU

CGU is one of Australia’s largest general insurers.

They offer a wide range of commercial, rural and personal insurance products for individuals, families and large multi-national corporations.

They been protecting the Australian’s for over 140 years and have a proud tradition of supporting people through difficult times. Today, CGU is part of Insurance Australia Group – Australasia’s leading general insurance group. In December 2013 IAG announced the purchase of Wesfarmers underwriting businesses under it CGU umbrella, the units will be incorporated into the CGU, Chief Executive Officer, Peter Harmer, said the addition of WFI and Lumley confirms CGU’s position as the leading intermediated insurer in Australia.

He said the combined business would have enhanced scale and capability to meet the needs of its customers and partners, providing them with access to broader product offerings.

 

“These businesses have a lot in common, with long and proud histories, a heartland in regional and rural Australia, well known and respected brands, a strong presence in SME and a growing capability in the large corporates segment. The addition of WFI and Lumley also provides CGU with solid positions in attractive segments, such as commercial motor,” he said.

“WFI and Lumley have a lot in common with CGU, with long and proud histories, well known and respected brands, a strong presence in SME, and a growing capability in the large corporates segment.”

CGU Phone 13 24 81

Claims Hotline: 13 24 80

 

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Quotesonline and our partners offer CGU quotes for Business insurance, Car Insurance, House Insurance, Professional Indemnity Insurance and Public Liability Insurance. Please note that due to the nature of insurance not all insurers may offer quotes.

 

CGU In The News


Business Insurance Quotes

5 Reason You Should Have Business Interruption Insurance

What would your business do in the event of a loss Most businesses insure against third party loss with public liability insurance, and most cover their asset with business insurance In 2015 insurer CGU conducted analysis of policies placed with them by Steadfast Insurance Brokers across the property and business interruption classes, they found that…

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Sydney Insurance

Insurer IAG Announces 1st Half Results

  IAG has reported a 1H16 insurance profit of $610 million (1H15:$693 million) and an insurance margin of 14.9% (1H15:13.4%), representing a sound result despite challenging conditions in its core Australian and New Zealand commercial markets. Key financial indicators are: Insurance profit $610 million (1H15:$693 million) Reported insurance margin 14.9% (1H15:13.4%) Underlying insurance margin1 14.2% (1H15:13.3%) including a…

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Professional Indemnity Insurance Quotes

Quotesonline Quoting More Occupations For Professional Indemnity Insurance Cover

Quotesonline Now Quoting More Occupations For Professional Indemnity Insurance Cover Anywhere Anytime   What is Professional Indemnity Insurance? A professional indemnity insurance policy safeguards your business by providing cover against such claims as financial loss, including legal defence costs. What Occupations can be quoted? Now Quotesonline can arrange quotes for more occupations , including Arbitrators/Mediators, Archaeologists, Celebrants,…

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insurance-broker

CGU named NIBA 2015 General Insurer of the Year

  CGU has been named National Insurance Brokers Association’s 2015 General Insurer of the Year at the NIBA convention in Melbourne. QBE was 2nd with Allianz in third position. The award was voted on by more than 1100 NIBA member brokers, who took part in the association’s annual broker market survey. General insurers offer insurance products that include: Aircraft,…

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iag

IAG announces changes

Insurance Australia Group (IAG) Managing Director and CEO, Mr Mike Wilkins, today announced changes to IAG’s executive team effective 31 March 2015. IAG Chief Executive Commercial Insurance, Mr Peter Harmer, will lead the Group’s digital strategy over 2015. Chief Commercial Officer for IAG’s Commercial Insurance business, Mr Ben Bessell, will step into Mr Harmer’s role…

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CGU releases details of changes to Lumley brand

IAG has released details of its repositioning of its brands following the acquisition of WFI and Lumley brands. WFI to remain a rural and small business insurance specialist. Insurancenews.com.au is reporting that Lumley will become an underwriting agency and transfer its business clients to CGU on renewal. It is expected the transition will take around a…

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Zurich General Insurer of the year 2014

1148 members of NIBA (National Insurance Brokers Association) have voted Zurich General Insurer of the year 2014, this follows a similar result in 2013. The award had been previously won by QBE for 11 years in a row. QBE and CGU were the other finalists. This award follows on from other awards the insurer received in…

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sydney

IAG completed its acquisition of the Wesfarmers Insurance Australian Underwriting business

       On Monday 30 June, IAG completed its acquisition of the Wesfarmers Insurance Australian Underwriting business. CGU have made it clear they intend to take more time to learn about the businesses to ensure that the best people and business practices can be integrated for the benefit of the future organisation. Things that will stay…

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ACCC will not stand in the way of IAG’s acquisition of Wesfarmers’ insurance underwriting business

   The Australian Competition and Consumer Commission has announced that it will not oppose IAG’s proposed acquisition of Wesfarmers’ insurance underwriting business. “The ACCC found that, while the proposed acquisition would reduce the number of key underwriters from six to five for packaged farm insurance and crop insurance in Australia, the level of existing and…

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Insurers Reporting Mixed Results

With half yearly profit reporting season in full swing the fortunes for our leading insurers vary, here is summary of some of the results. Insurance Australia Group (IAG) half-year profit jumps 39% with improved performances from each of its businesses in Australia, New Zealand and Asia. IAGs brands in Australia include CGU, NRMA Suncorp, Australia’s largest…

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