IAG

Our NRMA Insurance brand has announced a new partnership with Surfing Australia, unveiling the Hyundai Australian Boardriders Battle (ABB) presented by NRMA Insurance, the world’s biggest team surfing event and Australia’s premier club surfing contest. NRMA Insurance Chief Customer and Marketing Officer Michelle Klein said: “We are proud to be partnering with Surfing Australia and supporting this unique event which represents the community spirit of Boardrider clubs around the country and plays an important role in fostering grassroots surfing. This partnership is another way NRMA Insurance is helping local communities and an exciting opportunity for our brand to engage with new audiences nationwide.” To find out more visit: https://bit.ly/4gkhtx6

Our New Zealand brand AMI Insurance has released its top 10 most stolen cars list of 2024.   Sourced from the largest general insurance dataset in New Zealand, the Toyota Aqua tops the stolen cars claim list for a third consecutive year, followed by the Toyota Corolla and Nissan Tiida.   In 2024, AMI reported nearly 12,000 vehicle theft claims, with Auckland, Canterbury, and Waikato being the most affected regions.   Executive General Manager Claims Wayne Tippet notes that claims have begun to decrease for the first time in four years, with stolen vehicle claims related to ram raids down by 50% compared to 2023.   Wayne Tippet highlights the importance of vehicle security: “Among unprecedented vehicle theft rates throughout prior years, it seems New Zealanders have put security measures and practices in place and are being more mindful about where they park their cars.”   Read the full story here: https://lnkd.in/g_9cz_E9 

Our NRMA Insurance brand is proud to announce a new partnership with Adelaide Fringe, the biggest arts festival in the Southern Hemisphere. As Presenting Partner, NRMA Insurance will match community donations across Adelaide Fringe’s philanthropic avenues, doubling contributions made at checkout and through its Pay It Forward initiative. NRMA Insurance Chief Customer and Marketing Officer Michelle Klein said: “NRMA Insurance has been helping Australians protect what matters for almost 100 years and through this partnership we are proud to be supporting South Australia’s thriving arts sector and helping remove barriers to participation." For more information visit: https://bit.ly/4ao1Aod

Our team is on the ground supporting customers impacted by the severe storms sweeping across NSW.   NRMA Insurance Executive General Manager Claims Luke Gallagher is encouraging customers who have been impacted to lodge their claim online or over the phone to access immediate support, including emergency financial assistance and temporary accommodation.   “Our Major Event Response Team is in place 24/7 to ensure we can be on the ground immediately to help our customers affected by severe weather.”   NRMA Insurance has deployed its HELP response vehicles to significantly impacted areas. These are mobile claims centres where customers can sit down with our claims team, lodge their claims and receive immediate help close to home. For further information visit: https://lnkd.in/gWDgrsJa

As we witness the devastating impact of the LA wildfires, Australians are being encouraged to protect their own residences from natural disasters, with insurers like IAG offering discounts to those who invest in resilience upgrades. In an interview with The Australian's David R. Ross, IAG’s Land Planning, Hazards, and Regulatory Manager Andrew Dyer says these measures can safeguard homes and ease the pressure on the insurance premiums. “We’re seeing homeowners who raise houses in flood zones or install fire-resistant materials enjoy quite significant benefits on their premiums.” The interview highlights NRMA Insurance customer Paul Cameron, whose resilient house earned recognition from the Resilient Building Council's Bushfire Resilience Ratings App, leading to an insurance discount. Andrew added: "If customers know they can save on insurance and potentially get government subsidies for the upgrades, it becomes a much more attractive option."  https://lnkd.in/gmewDwMf

NRMA Insurance has announced it is helping the McGrath Foundation take its care to all cancers by funding a third McGrath Cancer Care Nurse for three years. NRMA Insurance has donated $450,000 to the McGrath Foundation to fund a new McGrath Cancer Care Nurse in Western Australia. The NRMA Insurance-funded nurse will specialise in Neuroendocrine cancer care, providing critical support to people experiencing cancer and their families. McGrath Foundation President and Co-Founder, Glenn McGrath said: "Our nurses are experts in care, helping patients and their families navigate the complexities of treatment while offering invaluable emotional support. The continued support from NRMA Insurance enables us to expand our reach and ensure more people across Australia receive the care they need."   To find out more visit: https://lnkd.in/gR-KZD4j

As the festive season begins, our State Insurance New Zealand brand has revealed its 12 Claims of Christmas list for New Zealanders. Mobile phone claims have overtaken cooking-related incidents, coming in as the top claimed contents item. While there were fewer cooking disasters in 2023, technology claims surged, making up 46% of the Christmas contents claims lodged last year. Electronic devices made up nearly half of all claims last Christmas Day, up 15% on the previous year. Smartphone claims alone were up 36% on Christmas Day, compared with any other time of year. State’s Executive General Manager Claims, Wayne Tippet says: “Our data clearly shows what we’ve long suspected - that Christmas is far from a risk-free event, and that’s especially true for the care we take with our tech while trying to manage and multi-task.” To find out more, please visit: https://lnkd.in/gVvCKwCN

We are pleased to be a participant in the UN’s Principles for Sustainable Insurance (PSI) Working Group for Nature and a contributor to the recently launched paper, ‘Insuring a Resilient Nature-Positive Future: Global Guide for Insurers on Setting Priority Actions for Nature’. The paper provides global guidance to the insurance industry on priority actions to contribute to the goals of the Global Biodiversity Framework and assists insurers in addressing nature-related issues in underwriting portfolios. As the only Australian based insurer represented on the group, we have been able to provide localised insights and perspective on the consideration of nature-related dependencies, impacts, risks, and opportunities across the insurance value chain. To find out more, please see: Insuring a resilient nature-positive future: https://bit.ly/3VOG4D8 #SustainableInsurance, #insurancefornaturepositive United Nations Environment Programme Finance Initiative (UNEP FI)

IAG will lead a global research project to create a best practice guide for the safe use and storage of lithium-ion batteries. Together with experts from #QUT Energy Storage Research Group (ESRG), EV FireSafe, Standards Australia, iMOVE Australia, and other global experts, the project aims to debunk myths about battery fires and establish clear safety guidelines for lithium-ion batteries in EVs and devices like e-scooters and e-bikes. IAG's Shawn Ticehurst says as Australia’s EV and lithium-ion battery market accelerates, the development of safety standards and data needed to understand the risks associated with batteries has struggled to keep pace. “The sales of EVs, including plug-in hybrids made up nearly 10% of all new car sales in Australia this year, while e-bikes now represent one-third of all bicycle sales. This project will provide insights on how to safely store, handle and dispose of the increasing number of lithium-ion batteries as they reach the end of their life, and help prevent incidents that pose a risk to life and property safety." https://lnkd.in/eYKqNT_e

NRMA Insurance has launched the latest edition of its Wild Weather Tracker which has revealed that while extreme weather peaks in summer, Australians prioritise leaving a clean home over preparing it for extreme summer weather.   The research also highlights that 11% of Australians have returned from holidays to find their homes damaged by thunderstorms, hail, floods, wild winds, or bushfires, emphasising the importance of taking steps to protect your home from potential damage before travelling away this holiday break.   For more information visit: https://lnkd.in/gvMth-g2