Suncorp completes sale of general insurance distribution business Resilium


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Suncorp has completed the successful sale of its Australian general insurance distribution business Resilium.

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Effective 1 June, Resilium will operate as a standalone business, with Adrian Kitchin continuing as a Managing Director, and will distribute Suncorp’s GIO and Vero-branded products through a strategic alliance agreement.

Suncorp CEO Customer Marketplace, Pip Marlow said “Suncorp’s relationship with Resilium will continue as we work together to build a strong, successful partnership, with a sharp focus on delivering value to our customers and helping them protect what matters most."

“This is an exciting new chapter for Resilium, and we wish Adrian and the team the very best.” 

The sale of Resilium reflects Suncorp strategy to further optimise the business while continuing to connect customers to products and services from third parties and intermediated partners.