CGU Insurance

CGU Insurance Limited is an Australian intermediary-based insurance company and forms part of Insurance Australia Group.

Formation

CGU Insurance was formed through the global merger of Commercial Union plc and NZI's parent company, General Accident plc. The global merger brought together two highly regarded insurers with almost 160 years of experience in Australia and New Zealand. The acronyms of those two insurers were melded together to form CGU which is subsequently no longer an acronym.

Operation

CGU Insurance sells its insurance products through a network of over 1,000 intermediaries, and more than 100 business partners. As of November 2024, CGU Insurance employs approximately 1,442 individuals across Australia and New Zealand.