Budget Direct and Youi Insurance !

[Trevor 57]

Originally Posted by Jastel

Yes...I literally said that...

Ummmm, jo you didn't

[Fatbob103]

Originally Posted by Trevor 57

Ummmm, jo you didn't

AAI own both Shannon's and Suncorp..............

[Trevor 57]

I think you better check the links I posted

[Fatbob103]

Originally Posted by Trevor 57

I think you better check the links I posted

Checked it myself.
AAI owns both Suncorp and Shannon's.
Shannons is just the more specialised arm of Suncorp.
Why are you so argumentive with things when your not 100% correct? The truck licencing saga is a classic example......

[Trevor 57]

Originally Posted by Fatbob103

Checked it myself.
AAI owns both Suncorp and Shannon's.
Shannons is just the more specialised arm of Suncorp.
Why are you so argumentive with things when your not 100% correct? The truck licencing saga is a classic example......

Please provide evidence, as I can't find anything on the net to prove you are right. What does AAI stand for?

BTW, Shannons is just one of many brands that Suncorp have in their porfolio, scroll to near the bottom

https://en.wikipedia.org/wiki/Suncorp_Group

Nothin on here about 'AAI' (or anywhere else for that matter)
https://www.suncorpgroup.com.au/about/history

[EBSXR6]

Originally Posted by Trevor 57

Please provide evidence, as I can't find anything on the net to prove you are right. What does AAI stand for?

BTW, Shannons is just one of many brands that Suncorp have in their porfolio, scroll to near the bottom

https://en.wikipedia.org/wiki/Suncorp_Group

Nothin on here about 'AAI' (or anywhere else for that matter)
https://www.suncorpgroup.com.au/about/history

AAI is one of the brands of Suncorp group.

It is listed under the strategic partners link.

[prktkljokr]

Suncorp is a Octopus of insurance, each tentacle has another Octopus of insurance arms and so on, its hard to decipher who owns who.

I can confirm that AAI is Suncorp, they have many other tentacles like Vero, Apia, AAMI etc

[EBSXR6]

The Commonwealth Bank sold their Insurance Business to the Hollard Group.

[FoxtrotGolfXray 5.0]

This may help clear things up a bit. The way I interpret this is, that Suncorp Group owns AAI Limited, which in itself owns Suncorp Insurance.

Perhaps some of the confusion comes from reference to Suncorp by itself, as that may refer to different corporate entities.

https://www.suncorpgroup.com.au/uplo...d%20122016.pdf

[simon varley]

Originally Posted by FTE217

Yer it’s far worse re house Insurance and they are playing hard ball even more today due to the many natural disasters last 5yrs or so.
They have made a fortune and having had to pay out more than they like the recent times are making it more difficult for smaller claims.

yeah, they are all global, and all offer insurances for everything. The massive losses they are making on household policies due to floods and fires are not only being recouped on household renewals, but in everything else too. The risks on motor insurance haven't substantially changed, but the premium increases reflect their poor business models in other areas