GIO is a leading provider of insurance products such as; car, home, CTP in NSW, boat, caravan, travel, commercial, public liability and workers compensation.
GIO Australia was founded as the Government Insurance Office in 1927. It was set up by the Government Insurance Act of New South Wales to provide workers' compensation insurance under the Workers' Compensation Act of 1926 and to take over activities previously carried on by the NSW Treasury Insurance Branch. The Act was amended many times over the years to widen its scope, particularly in 1941 to allow the selling of life insurance.
On 1 July 2013, as part of an internal re-organisation, the Suncorp Group’s general insurance businesses in Australia were transferred to AAI Limited and now, AAI Limited trading as GIO, issues GIO general insurance products.