IAG at a Glance

IAG is a leading general insurance group in Australia and New Zealand, and has a growing presence in Asia and the United Kingdom.

IAG's four key promises

We believe building a common culture based on our four promises will enable us to deliver value to our customers and shareholders over the long term.

  • Paying claims — Insurers exist to pay claims. What makes us different is the way we pay claims.
  • Understanding and pricing risk — Our long term sustainability relies on our ability to price risk accurately and fairly.
  • Managing costs — Operating costs are factored into premium prices, so we must be as efficient and productive as possible.
  • Reducing risk — Reducing risk makes good business sense for an insurer.

IAG's Values

Our values are what we stand for as a company. They reflect our beliefs about how we treat our customers, our stakeholders and each other.

  • Integrity — Being consistently true to our values and principles, keeping our promises and taking responsibility and accountability for our words and actions.
  • Transparency — Being open, straightforward and timely in our communications.
  • Teamwork — Working together, respecting each other’s differences and strengths and using our combined capabilities to achieve our business goals.
  • Meritocracy — Recognising people and providing opportunities to them based on their capability, performance and contribution to our success.
  • Social responsibility — Demonstrating our respect for ethical behaviours, our people, our customers, the community and the environment in sustaining our long term success.

Awards and commendations 2006/07

  • Awarded Employer of Choice for Women Status 2007 from the Australian Equal Opportunity for Women in the Workplace Agency (EOWA)
  • Awarded Sustainable Company of the Year 2006 by Ethical Investor Magazine (Australia)
  • Achieved a rating of ‘100’ in the Ethical Investor 50 Index EI 50 for achieving the highest Corporate Monitor SRI rating for sustainability in 2007 – one of only three Australian companies to do so
  • State Finalist 2007, Excellence in People Management, Australian Human Resources Institute
  • Australian Institute of Training and Development Awards 2007:
    NRMA Insurance, Finalist, Learning and Development Achievement Award
    NRMA Insurance, Finalist, Excellence in Design for ‘Sales and Service Professional Development Program’
  • Qualified for the first time for inclusion in the Dow Jones Sustainability Index 2006 and again, in 2007
  • Listed in The Global 100 Most Sustainable Corporations in the World 2007, announced at the World Economic Forum in Davos
  • Listed in the 2007 FTSE4Good Index
  • Silver ranking in the Corporate Responsibility Index 2006
  • Sole insurance company listed in the Australian Climate Leaders Index 2006, Investors Group on Climate Change
  • 2007 New Zealand Institute of Chartered Accountants Annual Report Awards: Winner of Best Sustainability Reporting by a Corporate
  • 2006 Communication Agencies Association Effie Awards New Zealand Silver Effie Award in the consumer services category
  • 2006 National Business Review Sponsorship of the Arts Awards (New Zealand), NZI won a Merit Award for its commitment to arts sponsorship
  • 2006 New Zealand Direct and Interactive Marketing Awards: Silver Award in the Sales Generation category for the State student campaign

IAG Major Brands

United Kingdom
Non-regional
Asia
Australia
New Zealand
Case Studies
Safer Communities
Equity and Hastings Champion Safer Biking. Motorcyclists represent 1% of motor traffic in the UK but suffer 20% of deaths and serious injuries from traffic accidents.
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Microinsurance — Investigating the Opportunity
There are economic and social benefits to be had from the growing recognition that there is both a need and a demand for microinsurance products in Asia.
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Flexibility — A Key Ingredient
'The Australian' newspaper reported research carried out for IAG by Aeques Partners under the headline "give workers an inch and they will give back a mile".
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Helping People Enjoy Their Jobs
The ultimate test of the engagement and commitment of staff is whether they recommend the job to their family and friends.
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Road to Recovery
IAG is a partner in an important research program to identify the importance of prompt assessment and early intervention with specialist treatment in the recovery of accident victims.
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Safehome Fire Prevention Program
Queensland householders are offered a free fire safety audit of their home courtesy of the Queensland Fire and Rescue Service and NRMA Insurance.
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Sustainable Workforce Highlights
IAG recognises that long term business success depends on attracting and retaining high performing people.
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Customer Offerings
Insurance is a competitive industry. IAG's experience is that customers want products that protect them, their families and property.
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Return to Sender
A snap audit identified a large volume of unsolicited corporate junk mail coming into IAG's George Street Sydney mailroom.
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Storms
Devastating storms in the Hunter, Newcastle and Central Coast regions of NSW saw tens of thousands of NRMA Insurance customers suffer personal trauma and property loss in June 2007.
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International Partnership
IAG has accepted a leadership role in developing the business case for sustainability in the insurance sector around the world.
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Supply Chain
IAG is working on the challenge of establishing consistent sustainability principles in our supplier partnerships.
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The Power of Off
IT technology innovation can go hand in hand with meeting environmental and business sustainability targets.
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Business Underinsurance
The future of too many small businesses is at risk because they are under insured.
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