Helia Selected as Exclusive LMI Provider for ING
Key points
- Helia Group selected as exclusive LMI provider for ING
- Agreement starts 1 July 2026 for 4 years
- Previous agreement represented 20% of Helia's FY25 GWP
Full summary
Helia Group Limited (ASX:HLI) announced on 6 July 2026 that it has been chosen as the exclusive provider of Lenders Mortgage Insurance (LMI) for ING Bank (Australia) Limited, effective from 1 July 2026 for a period of 4 years. This agreement replaces the previous exclusive LMI Supply and Service agreement with ING, which expired on 30 June 2026 and accounted for approximately 20% of Helia's Gross Written Premium (GWP) in FY25. For further information, stakeholders are directed to contact Paul O'Sullivan, Head of Investor Relations, or Samantha Maslen, Head of Communications.
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