Australian Associated Motor Insurers Limited (commonly referred to as AAMI) is an Australian
general insurance
General insurance or non-life insurance policy, including automobile and homeowners policies, provide payments depending on the loss from a particular financial event. General insurance is typically defined as any insurance that is not determine ...
provider offering car, home, CTP and business insurance. AAMI has vehicle assessment centres in Victoria, New South Wales, Queensland, South Australia and Western Australia. AAMI has been a brand and subsidiary of
Suncorp Group
Suncorp Group Limited is an Australian finance, insurance, and banking corporation based in Brisbane, Queensland, Australia. It is one of Australia's mid-size banks (by combined lending and deposits) and its largest general insurance group, fo ...
since 2007. Its headquarters are in
Melbourne, Victoria
Melbourne ( ; Boonwurrung/ Woiwurrung: ''Narrm'' or ''Naarm'') is the capital and most populous city of the Australian state of Victoria, and the second-most populous city in both Australia and Oceania. Its name generally refers to a met ...
.
History
Australian Associated Motor Insurers Ltd (AAMI) was founded with its current name in December 1970, after having provided insurance policies to motor clubs under an arrangement with Club Motor from 1934 onwards. AAMI commenced business as a motor vehicle insurer, offering an independent alternative to government-owned and motor club-owned insurers.
In 1989, AAMI diversified and launched into the home insurance market. Since then, AAMI has launched into a range of other areas, including travel, life insurance and small business insurance and income protection.
Community initiatives
AAMI has launched a few community initiatives, such as the AAMI Skilled Drivers Course, and has partnerships with several public service services such as
Victoria
Victoria most commonly refers to:
* Victoria (Australia), a state of the Commonwealth of Australia
* Victoria, British Columbia, provincial capital of British Columbia, Canada
* Victoria (mythology), Roman goddess of Victory
* Victoria, Seychelle ...
State Emergency Service
The State Emergency Service (SES) is the name used by a number of organisations in Australia that provide assistance during and after major incidents. Specifically, the service deals with floods, storms and tsunamis, but can also assist in oth ...
.
Controversies
AAMI was investigated by the Banking Royal Commission. It found that AAMI did not act appropriately.
References
External links
* {{Official website, https://www.aami.com.au/
Australian companies established in 1970
Insurance companies of Australia
Financial services companies established in 1970