CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / Australia’s IAG Acquires Royal Automobile Club of Western Australia Insurance Business

Australia’s IAG Acquires Royal Automobile Club of Western Australia Insurance Business

May 15, 2025 By CollisionWeek Editor

IAG today announced it will enter a strategic alliance with The Royal Automobile Club of Western Australia (RAC) that includes IAG’s purchase of the RAC Insurance (RACI) business and a 20-year exclusive distribution agreement for RAC branded home, motor and niche insurance products. The consideration comprises $400 million for 100% acquisition of RACI and $950 million for a distribution and brand licensing agreement.

RAC Group CEO Rob Slocombe said, “RAC is pleased to partner with IAG, a leading Australian general insurance company, in a long-term partnership that will strengthen the value we deliver to our 1.3 million members across Western

Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: News Tagged With: Acquisitions, Australia, Insurance Australia Group

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Classic Collision Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Donations Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • Consumer Sentiment Up in June June 27, 2025
  • AkzoNobel to Sell AkzoNobel India to JSW Group June 27, 2025
  • YANG Announces Automotive Aftermarket Charitable Foundation Donation June 27, 2025
  • KLST Abra Celebrates 30 Years Anniversary June 27, 2025
  • New Vehicle Sales Expected to Cool in June After Spring Surge June 26, 2025
  • Early-Bird Registration for SEMA Show in Las Vegas Ends Friday June 26, 2025
  • NY Automotive and Diesel Institute Launches New Degree & Certificate Programs in Automotive Management, Service, and Support June 26, 2025

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved · Log in