IAG to defend class action

IAG has been served by Slater and Gordon with a statement of claim for a policyholder class action in the Supreme Court of Victoria against IAG’s subsidiary Insurance Australia Limited (IAL). IAL will defend these proceedings.

This class action follows the class action proceedings commenced by the same law firm in May 2024, which IAL and IMA are also defending, and relates to loyalty offers for NRMA Insurance home, contents and home and contents insurance policies.

IAL and IMA maintain they have delivered on loyalty offers made to customers and do not agree that they have misled customers about the extent of the discounts they would receive.

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