Is Budget Direct Australian Owned?

budget direct is a large Australian general insurance provider It says it has insured over 3 million Aussies since it was founded in 2000. Budget Direct policies are underwritten by Auto & general insurance company limited, and it is part of the international bhl group.

Who does Budget Direct belong to?

Our policies are underwritten by Auto & General Insurance Company Limited , an Australian insurance company regulated by APRA and a member of the insurance council of Australia. Auto & General is part of the international BHL Group.

Is Budget Direct owned by Suncorp?

Their car insurance is underwritten by AAI Limited, a joint initiative of the Suncorp Group and Good Shepherd Microfinance Budget Direct are underwritten Auto & General Insurance Company Limited which is part of the international BHL group.

Is Budget direct part of QBE?

From 2005 to 2019, Budget Direct referred New South Wales motorists looking for compulsory third party insurance to QBE Insurance (Australia) Ltd. While we’re extremely proud to have been associated with QBE, our arrangement with them ended on 31 December 2019.

Is AAMI Australian owned?

Australian Associated Motor Insurers Limited (commonly referred to as AAMI) is an Australian general insurance provider offering car, home, CTP and business insurance.

Is YOUI an Australian company?

Youi Pty Ltd is an Australian registered company and is a wholly owned subsidiary of Youi Holdings Pty Ltd, a subsidiary of OUTsurance International Holdings Pty Limited part of the Rand Merchant Insurance Holdings (RMIH) Group. Youi Pty Ltd is a registered general insurance company which underwrites its own policies.

Who is Suncorp owned by?

Suncorp, owned by the Queensland Government and QIDC merged with Metway Bank to create Suncorp Metway, Australia’s fifth largest listed financial services group. Queensland Government was the largest shareholder of the new group with a 68 per cent holding.

Is AAMI owned by Suncorp?

The Suncorp Network. AAMI is part of the Suncorp Network , which brings together financial services and products from brands like AAMI, Suncorp, GIO, Apia, Shannons and Bingle.

Is NRMA owned by Suncorp?

NRMA Comprehensive AAMI is part of the Suncorp Network They claim that this will give you “access to our trusted partner network for claims”, and that “you can access simple, great value Suncorp banking products to help you spend and save better”.

Who owns Allianz?

The parent company, Allianz SE , is headquartered in Munich, Germany. Allianz has more than 100 million customers worldwide and its services include property and casualty insurance, life and health insurance and asset management.

Is Budget direct an insurance company?

Budget Direct is a low cost, value focused insurance brand of Auto & General headquartered in Brisbane, Australia. Their Car and Home Insurance policies are underwritten by Auto & General Insurance Company Limited.

Which insurance company is best at paying claims in Australia?

For Income Protection insurance claims, the industry average acceptance rate in 2021 was 95.0%. AIA had the lowest claims acceptance rate of 91.5% and CommInsure the highest acceptance rate of 97.6%.

Who is Woolworths insurance underwritten by?

Woolworths Home Insurance is underwritten by The Hollard Insurance Company Pty Ltd.

Is GIO and Allianz the same?

Allianz and GIO are now using icares claims management system | icare.


Youi previously offered CTP insurance as an agent for QBE Insurance (Australia) Ltd only, and on 29 April ceased to be an agent for QBE.

Who is Blue Zebra underwritten by?

We always want to know how to make our Products and services better for you. Our personal lines products are underwritten by Zurich Australian Insurance Limited for all policies incepting before 17 March 2020.