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CGU Insurance's Overview

Total employees1197
HeadquartersSydney
Founded1851

CGU Insurance is one of Australia's leading intermediary-based general insurers and a key brand of Insurance Australia Group (IAG). With a rich history spanning over 165 years, CGU offers a comprehensive suite of insurance products designed for individuals, families, and businesses of all sizes, including commercial, rural, personal lines, and workers' compensation insurance. CGU is renowned for its strong partnerships with insurance brokers and authorised representatives, enabling them to deliver tailored solutions and expert advice. The company is committed to supporting Australian communities, helping customers manage risks, and ensuring prompt recovery from unforeseen events.

Where is CGU Insurance's Headquarters?

HQ Function

This facility serves as the central hub for IAG's strategic decision-making, corporate governance, and overarching brand management, including for CGU. Key functions like group-wide underwriting strategy, capital allocation, claims management policies, and national marketing initiatives are directed from here.

Notable Features:

Located in the prestigious Darling Park complex, the IAG head office is a modern, A-grade office tower with advanced facilities, designed to promote collaboration, innovation, and sustainability. It offers panoramic views of Darling Harbour.

Work Culture:

The work culture, driven by IAG's values, emphasizes customer focus, integrity, continuous improvement, and a supportive, inclusive environment. There's a strong commitment to community engagement, employee wellbeing, and ethical business practices.

HQ Significance:

This location is highly significant as it represents the command center for IAG, one of Australasia's largest general insurers. Decisions made here directly influence CGU's strategic direction, operational efficiency, and its ability to serve millions of customers across Australia.

Values Reflected in HQ: The headquarters' design, amenities, and operational practices aim to reflect IAG's core values: customer centricity, being driven by purpose, adapting to change, valuing people, and achieving excellence. The space is designed to foster collaboration and innovation.

Location:

CGU Insurance primarily operates and focuses its services within Australia. However, as a prominent brand of Insurance Australia Group (IAG), it benefits from IAG's broader international footprint, which includes significant operations in New Zealand and interests in Asia. While CGU's customer-facing activities are Australian-based, it leverages IAG's group capabilities for functions such as reinsurance, technology platforms, investment management, and global risk assessment, which inherently have an international dimension.

Street Address:

Tower 2, 201 Sussex Street

City:

Sydney

State/Province:

NSW

Country:

Australia

CGU Insurance's Global Presence

Melbourne, VIC, Australia

Address: Level 27, 385 Bourke Street, Melbourne VIC 3000, Australia

Serves as the primary contact point and operational center for Victoria, providing localized expertise and support to a vast network of brokers and customers in one of Australia's largest economic markets.

Perth, WA, Australia

Address: Level 7, 108 St Georges Terrace, Perth WA 6000, Australia

Provides critical insurance services and dedicated support to brokers and customers across Western Australia, understanding and addressing the specific risks and needs of the region.

Brisbane, QLD, Australia

Address: Level 15, 300 George Street, Brisbane QLD 4000, Australia

Delivers essential insurance services and localized support to the Queensland and Northern Territory markets, addressing specific regional risks like cyclones, floods, and other weather-related events.

Adelaide, SA, Australia

Address: Level 3, 80 Flinders Street, Adelaide SA 5000, Australia

Acts as the key operational center for South Australia, ensuring tailored insurance solutions and responsive service for brokers and customers in the state.

Buying Intent Signals for CGU Insurance

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of CGU Insurance

As of April 2025, CGU Insurance' leadership includes:

Nick Hawkins - Managing Director and Chief Executive Officer, IAG (Parent Company)
Peter Taylor - Group Executive, Intermediated Insurance Australia, IAG (Division including CGU)
Michelle Nortje - Chief Financial Officer, IAG
Neil Morgan - Chief Operating Officer, IAG

Investors of CGU Insurance

CGU Insurance has been backed by several prominent investors over the years, including:

CGU Insurance is a wholly-owned subsidiary of Insurance Australia Group (IAG).
IAG is a publicly listed company on the Australian Securities Exchange (ASX) under the ticker symbol 'IAG'.
Therefore, investors in CGU are effectively the shareholders of IAG.
Major shareholders of IAG typically include large institutional investors, such as global and domestic fund managers, superannuation funds, and nominee companies like HSBC Custody Nominees (Australia) Limited, J P Morgan Nominees Australia Pty Limited, and Citicorp Nominees Pty Limited, alongside a substantial base of retail investors.

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits1

Key leadership transitions within Insurance Australia Group (IAG), particularly in roles overseeing the intermediated insurance division (which includes CGU), have occurred in the past year, influencing strategic oversight and operational leadership for CGU.

Departures

Jarrod Hill, Jarrod Hill concluded his tenure as Group Executive for IAG's intermediated insurance division, which includes CGU.

New Appointments:

Peter Taylor, Peter Taylor was appointed to lead IAG's Intermediated Insurance Australia division, which encompasses the CGU brand, bringing extensive experience to the role.

Technology (Tech Stack) used by CGU Insurance

Discover the tools CGU Insurance uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

CGU Insurance Email Formats and Examples

CGU Insurance, as part of IAG, primarily uses email formats associated with both cgu.com.au and iag.com.au domains. The most common format observed is [first].[last]@[domain].

[first].[last]@cgu.com.au OR [first].[last]@iag.com.au

Format

jane.doe@cgu.com.au

Example

80%

Success rate

News and media

Insurance Business AustraliaMay 7, 2024

CGU Insurance helps launch new Indigenous business support program

CGU Insurance has partnered with a First Nations-led consultancy to launch the Wiyi Yani U Thangani First Nations Business Hub. This initiative aims to provide Indigenous women entrepreneurs with resources, networking opportunities, and tailored insurance guidance to foster their business growth....more

Insurance NewsApril 18, 2024

IAG (CGU's Parent) flags more natural perils pain as claims costs mount

Insurance Australia Group (IAG), the parent company of CGU, announced that natural peril claim costs in the third quarter of its financial year exceeded its allowance. The company anticipates further impacts from severe weather events, signaling ongoing challenges for its insurance brands, including CGU, in managing claims volatility....more

IAG News & MediaFebruary 20, 2024

IAG (CGU's Parent) reports 1H24 result and upgrades FY24 guidance

IAG released its half-year financial results for FY24, reporting a 10.3% increase in Gross Written Premium and an underlying insurance margin of 13.7%. The performance of its intermediated division, which includes CGU, contributed positively. As a result, IAG upgraded its FY24 guidance for GWP growth and reported margin....more

CGU NewsNovember 1, 2023

CGU Insurance wins General Insurer of the Year award for second year in a row

CGU Insurance was named the General Insurer of the Year at the 2023 National Insurance Brokers Association (NIBA) Awards for the second consecutive year, recognizing its strong broker relationships and service....more

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