When was IAG founded?

IAG was founded in 1920 and raised its 1st funding round 95 years after it was founded.

Where is IAG located?

IAG is headquartered in Sydney, Australia.

How many employees does IAG have?

As of Sep 30, 2026, the latest employee count at IAG is 12864.

Is IAG a funded company?

IAG is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on Jun 16, 2015.

When was the latest funding round of IAG?

IAG's latest funding was a $***** Post IPO round on Jun 16, 2015, with participation from 1 investor.

Where does IAG rank among its competitors?

IAG ranks 8th amongst 196 active competitors, of which 3 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was MetLife, which secured $157M in Apr, 2025.

Who are the top competitors of IAG?

IAG's top competitors include MetLife, Prudential and Medibank. Among them, MetLife secured the most recent funding round in April, 2025.

IAG - 2026 Company Profile, Team, Funding & Competitors

Company Details

Insurance Australia Group Limited (IAG) is the parent company of a general insurance group which is an insurance company. The company provides insurance products to protect homes, lifestyles, and businesses. The company has operations across Australia, New Zealand, Thailand, Vietnam, and Indonesia.In 2020, the company recorded annual revenues of $5.4 B and a net loss of $-212 M

Website: www.iag.com.au/
Social
Email ID: *****@computershare.com.au, *****@iag.com.au
Phone Number: +61 **********

Key Metrics

Founded Year

1920

Location

Sydney, Australia

Stage

Public

Latest Funding Round

Post IPO, Jun 16, 2015, $*****

Investors

Berkshire Hathaway & 5 more

Ranked

8^th among 196 active competitors

Employee Count

12,864 as on Sep 30, 2026

Investment & Acquisitions

Fantix & 19 more

Similar Companies

AXA & 12552 more

Exit Details

Public

View IAG's full profile

IAG got listed on Aug 08, 2000.

Click here to take a look at IAG's IPO in detail

IAG has raised funding over 1 round. Its latest funding round was a Post IPO round on Jun 16, 2015 for $*****. 1 investor participated in its latest round. IAG has 6 institutional investors.

Here is the list of recent funding rounds of IAG:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 16, 2015	4852605	Post IPO	8881027	4956328	2907374	5167621

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IAG's employee count trend

IAG has 12,864 employees as of Sep 26. Here is IAG's employee count trend over the years:

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Top competitors of IAG include MetLife, Prudential and Medibank. Here is the list of Top 10 competitors of IAG, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	MetLife 1868, New York City (United States), Public	Provider of insurance products and employee benefit programs for individuals	-	Village Capital, Stone Point Capital & 1 others	76/100
2nd	Prudential 1848, London (United Kingdom), Public	Offers insurance products and asset management services through its subsidiaries.	-	-	65/100
3rd	Medibank 1976, Melbourne (Australia), Public	Provider of health, travel, pet, and life insurance products	-	BMY Group	62/100
4th	HBF Health 1941, Perth (Australia), Unfunded	Online platform offering healthcare insurance plans	-	-	59/100
5th	HCF 1932, Sydney (Australia), Funding Raised	Nonprofit organisation providing health insurance funds	-	Slingshot	58/100
6th	Blue KC 1938, Kansas City (United States), Unfunded	Online health insurance platform for groups, employees, and individuals	-	-	57/100
7th	ClearView 1976, Sydney (Australia), Acquired	Insurance company based out of Australia	-	CVC, Catapult Partners & 1 others	56/100
8th	IAG 1920, Sydney (Australia), Public	Insurance company	-	Berkshire Hathaway, Djerriwarrh & 4 others	58/100
9th	Allied World Assurance Company 2001, Zug (Switzerland), Acquired	Diversified insurance company	-	Thomas H Lee Partners	54/100
10th	Suncorp 1902, Brisbane (Australia), Acquired	Provider of various insurance products, including home, car, health, and life	-	-	53/100

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IAG has made 10 investments in companies including Fantix and Carbar. IAG has also acquired 10 companies including Mums and Carbar.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 10, 2023	Investments	Fantix	2022	New York City (United States)
Jul 27, 2023	Acquisition	Mums	2016	Sydney (Australia)
Feb 15, 2022	Investments	Carbar	2016	Nunawading (Australia)