Helia is an Australian Lenders mortgage insurance provider. It is listed on the ASX and changed its name from Genworth Mortgage Insurance Australia in October 2022.[1][2]
 | |
| Company type | Publicly listed company |
|---|---|
| Industry | Insurance |
| Predecessor | Genworth Mortgage Insurance Australia |
| Headquarters | , Australia |
Key people | Ian McDonald, Chair; Pauline Blight-Johnson, CEO |
| Products | Lenders mortgage insurance |
| Website | www.helia.com.au |
In 2018, Helia invested in Tic:Toc, a mortgage fintech.[3]
In 2021, Genworth Financial, an S&P400 insurance provider, sold its 52% of Helia's shares to institutional investors, effectively making Helia an independent company.
In 2022, Helia invested in OSQO a "deposit gap funder".[4]
In 2022, Helia purchased 22% of Household Capital, a reverse mortgage provider.[5]
References
edit- ^ Genworth takes leap into home equity The Australian (subscription required)
- ^ "Genworth reports strong Q1, prepares to unveil new name - Daily - Insurance News". insuranceNEWS.com.au. 2022-05-12. Retrieved 2022-11-03.
- ^ "Digital home-loan play Tic:Toc raises funding from Genworth, La Trobe". Australian Financial Review. July 30, 2018.
- ^ "Genworth backs deposit gap funder". Banking Day. February 27, 2022.
- ^ "Household Capital enters strategic partnership with Genworth".
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