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Who owns GIO? GIO is part of Suncorp, which was owned by the Queensland government until 1997, and in 2000 the government sold its last shares in the company through a public offer. Next to GIO and Suncorp-branded policies, brands in Australia underwritten by Suncorp include: AAMI.
Are Aami and GIO the same?
its effectively the same company, they are just different advertising banners. gio is meant to be more premium, aami is more general.
Who is Gio insurance?
GIO was founded as the Government Insurance Office in 1927 by the Government Insurance Act of New South Wales. It was established to provide workers compensation insurance under the Workers Compensation Act of 1926 and to take over activities previously carried out by the NSW Treasury Insurance Branch.
Who is the owner of GIO?
In 2001, Suncorp acquired GIO as part of AMPs general insurance interests.
What is not covered under workers compensation?
What is not covered by workers compensation is any injury that occurs outside of the course and scope of employment. For workers compensation benefits to apply, the injury must occur during the injured victims work activities.
What is general liability insurance for workers comp?
General liability can help protect your business from financial losses if someone other than an employee accuses you of causing an injury or property damage. Workers compensation can provide financial support if one of your employees is injured or becomes sick as a result of their work.
Who bought out Gio?
Suncorp Group acquires AMPs general insurance interests, including GIO General Limited.
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