News and Media

_{5 December 2023}

The Hollard Insurance Company Pty Ltd (Hollard) announced today its appointment of Non-Executive Director, Kate Burleigh, with effect from 1 October 2023. Founder and Director of Hollard, Richard Enthoven said: “I am delighted to welcome Kate to the Hollard Board. Kate brings a wealth of executive and board experience spanning a range of industries including Digital, Technology, Media, Telecommunications, Education, Retail, Enterprise, and Consumer lifestyle sectors.

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^{6 November 2023}

Hollard has welcomed the newly released Deloitte report, “The New Benchmark for Catastrophe Preparedness in Australia”.

Commissioned by the Insurance Council of Australia (ICA), the report examines how the insurance industry responded to the unprecedented 2022 floods in southeast Queensland and New South Wales, provides key insights for future extreme weather events and highlights the impact of the floods on the affected communities and the insurance industry.

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_{31 August 2023}

The Hollard Insurance Company Pty Ltd (Hollard) has been recognised as Australia’s Best Workplace for Fathers at the 2023 Australian Father of the Year Awards, announced on Thursday, August 31, at The Maritime Museum in Sydney.

Paul Fahey, Hollard Chief Executive Officer, accepted the award and acknowledged the impact Hollard’s parental leave and flexible working policies have for fathers and families: “It’s gratifying to be recognised for the changes we are seeking to make through our policies at Hollard to support fathers, families, and children,” said Mr Fahey.

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_{31 March 2023}

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of The Hollard Insurance Company Pty Ltd (HIC) (Australia). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect HIC’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).

Read AM Best's Media Release

_{30 September 2022}

Hollard Holdings Australia Pty Ltd (Hollard) today announced it has completed the acquisition of 100% of the General Insurance business of Commonwealth Insurance Limited (CommInsure General Insurance) from the Commonwealth Bank of Australia (CBA).

The transaction includes an exclusive 15-year strategic alliance between CBA and Hollard to distribute home and motor lines of business to CBA’s customers.

The acquisition further strengthens Hollard’s market share in Australia, solidifying its position as one of the country’s top five general insurers. 

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^{3 March 2022}

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of The Hollard Insurance Company Pty Ltd (HIC) (Australia). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect HIC’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).

Read AM Best's Media Release

^{27 October 2021}

Privately owned Hollard Insurance was the recipient of two awards announced yesterday at the 17th Annual ANZIIF Australian Insurance Industry Awards - Large General Insurance Company of the Year (a repeat win in this category), and the Excellence in Workplace Diversity and Inclusion award. 

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^{21 June 2021}

Hollard Holdings Australia Pty Ltd (HHA) announced today it has successfully tendered to purchase the general insurance business Commonwealth Insurance Limited from CBA.  The transaction is expected to complete in mid calendar year 2022. The deal includes an exclusive 15-year strategic alliance between CBA and HHA to distribute home and motor lines of business to CBA’s customers through the CBA brand.

Read the Media Release