“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.”