Questions & Answers
Who is Calliden Group Limited?
Who is Calliden Insurance Limited?
How many general insurers are listed on the ASX?
What are Calliden’s target markets?
Who are Calliden’s major shareholders?
What does Calliden mean?
What have been Calliden’s key milestones?
Q: Who is Calliden Group Limited?
A: Calliden is a publicly listed company on the Australian Stock Exchange, code CIX.
Our focus is on providing insurance solutions in predominantly niche markets through our capabilities in:
- Insurance product manufacturing (Calliden Insurance Limited).
- Distribution via a combination of partner underwriting agencies and wholesale facilities. In addition we supply domestic and SME products via a regional branch network.
- Claims management through Claims Services Australia (incorporating Insurance Claims Solutions) and other outsourced providers.
Q: Who is Calliden Insurance Limited?
A: Calliden Insurance Limited is a wholly owned subsidiary of Calliden Group, and is an Australian general insurer specialising in manufacturing general insurance products for individuals, the SME sector and groups across metro and regional Australia.
Calliden Insurance Limited is a member of the Insurance Council of Australia, supports the industry Code of Practice and is also a member of the Financial Ombudsman Service.
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Q: How many general insurers are listed on the ASX?
A:Calliden Group is one of four general insurers listed on the Australian Stock Exchange: Calliden Group Ltd, IAG, QBE and Suncorp-Metway, but is the only one considered a niche specialist and a start-up – Calliden has been operating since April 2005.
Q:What are Calliden’s target markets?
A: To date, Calliden has developed particular expertise in the non-standard motor (eg. prestige car), construction, and cultural & recreational services sectors.
However, we have the capability to write a broad range of insurance products and will work together with our intermediary partners to develop insurance solutions for a particular customer segment.
Calliden’s acquisition of Australian Unity Limited’s general insurance business deepens our penetration of SME and personal lines markets, including prestige house and rural/regional insurance.
For more information please visit Our Business page.
Q: Who are Calliden’s major shareholders?
A: The top 5 beneficial shareholders of Calliden Group Limited (as at June 2008) are as follows:
| 1. Hunter Hall Investment Management Limited (and related entities) 2. Australian Unity Limited 3. HGL Limited (and related entities) 4. MMC Contrarion Limited 5. Souls Funds Management Limited (and related entities) |
17.39% 13.04% 6.77% 6.31% 6.23% |
Q: What does Calliden mean?
A: Calliden is derived from the latin adjective “callidus”, and can be translated as versatility, skillfulness and experience. Our name was chosen to represent the values we aspire to in our business operations.
The colour purple was chosen to tie in with marketing concept of a “purple cow” – i.e. something that stands out from the crowd and is remarkable.
Q: What have been Calliden’s key milestones?
A:
See Calliden’s Journey so far on www.calliden.com.au