If dream deals were solely about what’s strategically sound, Insurance Australia Group boss Nick Hawkins has hit the jackpot at Queensland’s RACQ Insurance.
IAG, whose roots are insuring motoring association members’ cars and homes in NSW and Victoria, will do the same in Australia’s third-largest market, Queensland. It will add the Sunshine State’s RACQ to its now national NRMA Insurance (NSW) and RACV (Victoria) brands.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
