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SGIC
SGIC is an insurance brand of Insurance Australia Group trading in South Australia. It was formerly the State Government Insurance Commission which was operated by the Government of South Australia, providing compulsory third party motor vehicle insurance. SGIC first opened its doors for business on 4 January 1972 with a staff of 24 housed in the third level of Adelaide House at 55 Waymouth Street, Adelaide. When the Bill to establish SGIC was introduced into the South Australian Parliament, Premier Don Dunstan declared that SGIC's role was to help keep premiums at reasonable levels, ensure by competition that adequate service was given and make funds available for investment in semi governmental loans important to the development of the State. The first premium income for SGIC came from insuring the motor vehicle fleet of the South Australian Government $155,026. SGIC moved to new premises on 24 April 1981 at 211 Victoria Square, Adelaide. SGIC grew from a concept in 1971 to ...
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Insurance Australia Group
Insurance Australia Group Limited (IAG) is a multinational insurance company. It is the largest general insurance company in Australia, and also the largest in New Zealand through its subsidiary IAG New Zealand. IAG had its origins in the National Roads and Motorists' Association NRMA. It is headquartered in Sydney, Australia. The NRMA Insurance business demutualised in July 2000, separating from NRMA, with an issue of shares to NRMA members. NRMA Insurance Group Limited changed its name to Insurance Australia Group Limited on 15 January 2002, according to its website. IAG is an umbrella organization with numerous well known insurance brands it has acquired. The name ''IAG'' is not itself a customer-facing brand. IAG is listed on the Australian Securities Exchange and is a constituent of the S&P/ASX 50 index. Operations Insurance Australia Group has operations in Australia and New Zealand and a presence in five countries in Asia. Its businesses and brands include: Austral ...
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Motor Insurance
Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle. Vehicle insurance may additionally offer financial protection against theft of the vehicle, and against damage to the vehicle sustained from events other than traffic collisions, such as vandalism, weather or natural disasters, and damage sustained by colliding with stationary objects. The specific terms of vehicle insurance vary with legal regulations in each region. History Widespread use of the motor car began after the First World War in urban areas. Cars were relatively fast and dangerous by that stage, yet there was still no compulsory form of car insurance anywhere in the world. This meant that injured victims would rarely get ...
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State Government Insurance Office (Western Australia)
SGIO was an insurance company founded and based in Western Australia. Established in 1926 as the State Government Insurance Office by the Government of Western Australia, it provides business insurance. It is a subsidiary of Insurance Australia Group (IAG). The company also previously offered personal insurance. In June 2022, IAG announced that SGIO will no longer offer personal insurance to customers, and will transfer new and existing customers to NRMA Insurance from December 2022. History On 15 June 1926, the Government of Western Australia established the State Government Insurance Office (SGIO) to provide workers' compensation insurance to miners in the Kalgoorlie goldfields. In August 1992, the Lawrence Government announced the SGIO was to be sold. This was completed in March 1994 with the SGIO listed on the Australian Securities Exchange (ASX). In 1998 the NRMA and Wesfarmers both made takeover offers with the NRMA ultimately successful and the SGIO delisted from the A ...
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Life Insurance
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typically involves consent to transfer of goods, services, money, or promise to transfer any of thos ... between an insurance policy holder and an insurance , insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person. Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policyholder typically pays a premium, either regularly or as one lump sum. The benefits may include other expenses, such as funeral expenses. Life policies are legal contracts and the terms of each contract describe the limitations of the insured events. Often, specific exclusions written into the contract limit the liability of the insurer; c ...
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Financial Services Companies Established In 1972
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and pro ...
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Cyclone Larry
Severe Tropical Cyclone Larry was a tropical cyclone that made landfall in Australia during the 2005–06 Southern Hemisphere tropical cyclone season. Larry originated as a low pressure system over the eastern Coral Sea on 16 March 2006, and was monitored by the Australian Bureau of Meteorology in Brisbane, Australia. The low-pressure area organised into a tropical cyclone two days later and quickly strengthened into a Category 4 storm on the Australian tropical cyclone scale. Larry made landfall in Far North Queensland close to Innisfail, on 20 March 2006, as a Category 5 tropical cyclone on the Australian scale, with wind gusts reaching , before dissipating over land several days later. Throughout Queensland, Cyclone Larry resulted in roughly AU$1.5 billion (US$1.1 billion) 2006 USD or AU$2 billion (US$1.55billion) 2022 USD in damage. At the time, this made Larry the costliest tropical cyclone to ever impact Australia; surpassing Cyclone Tracy in 1974 ...
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Flinders Street, Adelaide
Flinders Street is a main street in the city centre of Adelaide, South Australia. It runs from the northern end of Victoria Square to East Terrace. It is one of the intermediate-width streets of the Adelaide grid, at wide.Map
of the CBD, and the .


History

The street is named after the



CGU Insurance
CGU Insurance Limited is an Australian intermediary-based insurance company and forms part of Insurance Australia Group (IAG). CGU Insurance was formed through the global merger of Commercial Union Commercial Union plc was a large insurance business based in London. It merged with General Accident in 1998 to form CGU plc. History Commercial Union was established following a conflagration near London Bridge in 1861, known as the Great T ... 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. 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. Refere ...
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NRMA
The NRMA (trading name of National Roads and Motorists' Association) is an Australian organisation offering roadside assistance, advocacy for motorists and road-users, motoring advice, car servicing, International Driving Permits, travel, and other services in all of Australia except Victoria (state), Victoria. It is a member-owned Mutual organization, mutual company limited by guarantee. It was formed in 1920. Prior to 2000, the organisation offered mutual insurance but that part of the business was demutualised and Corporate spin-off, spun out as NRMA Insurance, which is now part of Insurance Australia Group. NRMA and NRMA Insurance are independent companies with an agreement to use the same brand name even though each company is responsible for distinguishing the difference between the two organisations. History Early history National Roads Association The Australian National Roads Association, which would become the NRMA, was launched in 1920. Its original aim was not to ...
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Western Australia
Western Australia (WA) is the westernmost state of Australia. It is bounded by the Indian Ocean to the north and west, the Southern Ocean to the south, the Northern Territory to the north-east, and South Australia to the south-east. Western Australia is Australia's largest state, with a land area of , and is also the List of country subdivisions by area, second-largest subdivision of any country on Earth. Western Australia has a diverse range of climates, including tropical conditions in the Kimberley (Western Australia), Kimberley, deserts in the interior (including the Great Sandy Desert, Little Sandy Desert, Gibson Desert, and Great Victoria Desert) and a Mediterranean climate on the south-west and southern coastal areas. the state has 2.965 million inhabitants—10.9 percent of the national total. Over 90 percent of the state's population live in the South-West Land Division, south-west corner and around 80 percent live in the state capital Perth, leaving the remainder ...
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Health Insurance
Health insurance or medical insurance (also known as medical aid in South Africa) is a type of insurance that covers the whole or a part of the risk of a person incurring medical expenses. As with other types of insurance, risk is shared among many individuals. By estimating the overall risk of health risk and health system expenses over the risk pool, an insurer can develop a routine finance structure, such as a monthly premium or payroll tax, to provide the money to pay for the health care benefits specified in the insurance agreement. The benefit is administered by a central organization, such as a government agency, private business, or not-for-profit entity. According to the Health Insurance Association of America, health insurance is defined as "coverage that provides for the payments of benefits as a result of sickness or injury. It includes insurance for losses from accident, medical expense, disability, or accidental death and dismemberment". A health insurance policy i ...
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Home Insurance
Home insurance, also commonly called homeowner's insurance (often abbreviated in the US real estate industry as HOI), is a type of property insurance that covers a private residence. It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one's home, its contents, loss of use (additional living expenses), or loss of other personal possessions of the homeowner, as well as liability insurance for accidents that may happen at the home or at the hands of the homeowner within the policy territory. Additionally, homeowner's insurance provides financial protection against disasters. A standard home insurance policy covers the home and the belongings inside it. Overview Homeowner's policy is a multiple-line insurance policy, meaning that it includes both property insurance and liability coverage, with an indivisible premium, meaning that a single premium is paid for all risks. This means that it covers damage to one's ...
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