Bingle Insurance, formerly known as AAMI, is owned by Suncorp Group, one of Australia’s leading financial services organizations. Suncorp Group also owns other well-known brands in the insurance industry, such as GIO, Vero, and CIL. The acquisition of AAMI by Suncorp Group in 2019 brought together two of the largest insurance providers in Australia, creating a formidable presence in the market. Suncorp Group’s ownership of Bingle Insurance provides the company with access to a wide range of resources and financial stability, enabling it to offer competitive products and services to its customers.
NRMA Insurance Group
Bingle Insurance is a wholly-owned subsidiary of the NRMA Insurance Group. NRMA Insurance Group is one of Australia’s largest general insurers, with over 2.4 million policyholders.
NRMA Insurance Group was founded in 1925 as the National Roads and Motorists’ Association (NRMA). The NRMA originally provided roadside assistance and other services to motorists. In 1951, the NRMA established its insurance company, NRMA Insurance.
Bingle Insurance
Bingle Insurance was launched in 2007 as a budget-friendly insurance option for young drivers. Bingle Insurance offers a range of insurance products, including car insurance, home insurance, and travel insurance.
Bingle Insurance is known for its low prices and its easy-to-understand policies. Bingle Insurance also offers a range of discounts, including discounts for young drivers, safe drivers, and multiple policies.
NRMA Insurance Group and Bingle Insurance
NRMA Insurance Group and Bingle Insurance are both committed to providing customers with high-quality insurance products and services. NRMA Insurance Group and Bingle Insurance share a common goal of making insurance affordable and accessible to all Australians.
- NRMA Insurance Group is the largest general insurer in Australia, with over 2.4 million policyholders.
- Bingle Insurance is a budget-friendly insurance option for young drivers.
| NRMA Insurance Group | Bingle Insurance |
|---|---|
| Largest general insurer in Australia | Budget-friendly insurance option for young drivers |
| Over 2.4 million policyholders | Launched in 2007 |
| Offers a range of insurance products | Offers a range of discounts |
Who Owns Bingle Insurance?
Bingle Insurance is owned by the Suncorp Group, a leading Australian financial services company.
Suncorp Group
- Australia’s largest general insurance company
- Operates in Australia, New Zealand, and Asia
- Provides insurance products, including car, home, and business insurance
- Listed on the Australian Securities Exchange (ASX)
| Brand | Products |
|---|---|
| Suncorp | Home, car, and business insurance |
| AAMI | Car and home insurance |
| Bingle | Car insurance |
| GIO | Home, car, and business insurance |
Through its ownership by Suncorp Group, Bingle Insurance has access to a range of resources and expertise, including:
- Financial strength and stability
- Innovative insurance products and services
- A wide distribution network
- Excellent customer service
Insurance Australia Group (IAG)
Bingle Insurance is a wholly-owned subsidiary of Insurance Australia Group (IAG), one of Australia’s largest general insurers.
IAG is publicly listed on the Australian Securities Exchange (ASX) and has a market capitalization of approximately $12 billion.
IAG’s other major brands include:
- NRMA Insurance
- RAC Insurance
- CGU Insurance
Who Is Bingle Insurance Owned By?
Bingle Insurance is owned by Allianz, a global financial services company with over 150 years of experience in the insurance industry.
- Allianz is one of the world’s largest insurance companies, with a presence in over 70 countries.
- The company offers a wide range of insurance products, including auto, home, health, and life insurance.
- Allianz has a strong commitment to customer service and innovation.
| Allianz Key Facts | |
|---|---|
| Headquarters: | Munich, Germany |
| Founded: | 1890 |
| Number of employees: | 150,000+ |
| Global presence: | Over 70 countries |
| Insurance products: | Auto, home, health, life, and more |
Alright folks, that’s all we have for you on the ownership of Bingle Insurance. We hope this article has shed some light on the subject and answered any questions you may have had. If you’re still curious about anything, feel free to drop us a line. And remember, stay tuned for more insurance-related goodness coming your way soon. Thanks for reading, and we’ll see you next time!