Shutterstock.com_1934950961/metamorworks
1 September 2025Insurance

Australia’s IAG seals $560m long-term alliance with RACQ

Australian insurer IAG has completed its A$855 million ($559.5 million) deal with the Royal Automobile Club of Queensland (RACQ), securing a 25-year exclusive alliance and taking 90% of RACQ’s insurance underwriting arm.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
26 June 2026   Third-party surplus lines claims rose by nearly 40% in 2025.
Insurance
26 June 2026   French court rules Scor failed to provide information to French mutual.
Insurance
26 June 2026   The costliest cyber losses now start with decisions made inside the business.