Description of Conduct

Aioi Nissay Dowa Insurance Company Australia Pty Ltd & Ors (the Applicants) lodged applications for authorisation on 13 September 2016.

The Applicants sought authorisation on behalf of themselves and potentially other insurers to implement a proposal that would limit the commissions and other payments or benefits paid to distributors of "add-on" insurance products through the motor vehicle dealership channel. The Applicants proposed to enter into a contract, arrangement or understanding that would limit commissions to 20% of premiums.

Authorisation was sought for ten years or until such earlier time as the arrangement is superseded by another mechanism.

On 9 March 2017, the ACCC issued a determination that did not grant authorisation.


  • AAI Limited
  • Aioi Nissay Dowa Insurance Company Australia Pty Ltd
  • Allianz Australia Insurance Limited
  • Allianz Australia Life Insurance Limited
  • CGU Insurance Limited
  • Eric Insurance Limited
  • Hallmark General Insurance Company Ltd
  • Hallmark Life Insurance Company Ltd
  • Insurance Australia Group Limited
  • Insurance Australia Limited
  • MTA Insurance Limited
  • QBE Insurance (Australia) Limited
  • St Andrew's Life Insurance Pty Limited
  • Suncorp Life & Superannuation Limited
  • Swann Insurance (Aust) Pty Ltd
  • Virginia Surety Company Inc

Authorisation number(s)

  • A91556
  • A91557


Document title Date


Submissions - after draft decision