INSURANCE AUSTRALIA GROUP LIMITED For personal use only
Presentation
7 December 2021
IAG Business Update
IAG is today hosting a Business Update. The presentation is attached.
The briefing will comprise an overview of IAG's strategy, sessions with the Group Executives leading IAG's Direct Insurance Australia, Intermediated Insurance Australia and New Zealand businesses and an update from the Chief Financial Officer. The presentations will be followed by a Q&A panel. The briefing format will be virtual.
A live video webcast will commence at 10.00am AEDT and can be viewed at www.iag.com.au/2021-business-update.
A recording will be made available following the briefing.
This release has been authorised by the IAG Managing Director and CEO
About IAG
IAG is the parent company of a general insurance group (the Group) with controlled operations in Australia and New Zealand.
The Group's businesses underwrite over $12 billion of premium per annum, selling insurance under many leading brands, includi ng: NRMA Insurance, CGU, SGIO, SGIC, Swann Insurance and WFI (Australia); and NZI, State, AMI and Lumley (New Zealand). IAG also has an interest in a general insurance joint venture in Malaysia. For further information, please visit www.iag.com.au.
Media | Investor Relations | Insurance Australia Group Limited |
Amanda Wallace | James Coghill | ABN 60 090 739 923 |
Mobile. +61 (0)422 379 964 | Mobile. +61 (0)412 426 272 | Level 13, Tower Two, 201 Sussex Street Sydney |
Email. amanda.wallace@iag.com.au | Email. james.coghill@iag.com.au | NSW 2000 Australia |
Telephone. +61 (0)2 9292 9222 | ||
www.iag.com.au | ||
IAG Business Update | 1 |
Business | |
Update | |
only | Our strategy: |
7 December 2021 | Create a stronger, |
use | more resilient IAG |
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1 IAG Business Update | 7 December 2021 |
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IAG Business Update | 7 December 2021
Introduction
Nick Hawkins
Managing Director and Chief
Executive Officer
Five reasons
for confidence
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Rapidly improving ability to deliver on growth agenda
- Intermediated turnaround - at least $250m of insurance profit by FY24
- Direct business in Australia has launched its growth plan
- New Zealand business continues to strengthen its foundations and deliver ongoing strong results
IAG Business Update | 7 December 2021
Enterprise-wide efficiency outcomes from simplified processes and technology
- Enterprise Platform will simplify back office, improve risk processes and reduce costs to serve
- Creating opportunities to grow and improve customer experiences
Focused on operating and structural advantages that can differentiate our company
- Claims optimisation and supply chain efficiency
- IAG's scale can deliver real financial benefits
Purpose-led with a strong | New leadership team |
culture | |
• | Driving strong | • | New ideas and |
commercial outcomes | leadership | ||
• | Disciplined operating | • | History and |
execution | experience |
- Improving shareholder returns
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Strategy and Targets
Direct Insurance Australia
Intermediated Insurance Australia
New Zealand
Financial Matters
Q&A Panel
Closing Remarks
IAG Business Update | 7 December 2021
Nick Hawkins
Julie Batch
Jarrod Hill
Amanda Whiting
Michelle McPherson
Panel hosted by Nick Hawkins:
- Julie Batch
- Jarrod Hill
- Michelle McPherson
- Neil Morgan
- Amanda Whiting
Nick Hawkins
Program
outline
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Disclaimer
IAG - Insurance Australia Group Limited published this content on 06 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 December 2021 21:51:12 UTC.
