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Promina Group is an Australian insurance company formerly listed on the Australian and New Zealand stock exchanges as ASX: PMN, NZX: PMN. It is now fully owned by Suncorp-Metway ASX: SUN. It employs over 7,200 people in 210 offices across Australia and New Zealand, and traces its operations back to 1833 in Australia and 1878 in New Zealand.
Promina owns and operates the following brands: AAMI, Australian Pensioners Insurance Agency (APIA), Just Car Insurance, Shannons, Vero, Asteron and Tyndall.
In New Zealand the organisation operates Vero, Asteron, Guardian Trust, Tyndall, Vero Marine, Vero Liability, AA Insurance, SIS, AXIOM, Mariner, Comprehensive Travel Insurance and Autosure
On 12 October 2006, Suncorp-Metway Limited, a Queensland based financial group, made an A$7.9 billion bid for the purchase of Promina Group. The merger was subsequently approved by the Australian regulatory authorities and by the Promina shareholders, resulting in implementation of the merger on 20 March 2007.
Promina's main rival in the Australian insurance market is Insurance Australia Group (IAG).
References
- ^ "Merger with Suncorp implemented", Promina website, 2007-04-20. Retrieved on 2007-04-20.
Even more about car insurance for pensioners
Car Insurance Features and Benefits - Australian Pensioners Insurance ...
Features and Benefits of APIA Car Insurance This is a summary of the main features of cover and is not meant to have any legal effect. Full details can be found in the policy document which you should ...
Australian Pensioners Insurance Agency
APIA offers car insurance, home insurance, travel insurance and other insurance products for people ... Welcome to APIA! Dedicated to over 50’s Not Working Full-time. We offer Home Insurance , Car ...
