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]

Helia
Company typePublicly listed company
IndustryInsurance
PredecessorGenworth Mortgage Insurance Australia
Headquarters,
Australia
Key people
Ian McDonald, Chair; Pauline Blight-Johnson, CEO
ProductsLenders mortgage insurance
Websitewww.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

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  1. ^ Genworth takes leap into home equity The Australian (subscription required)
  2. ^ "Genworth reports strong Q1, prepares to unveil new name - Daily - Insurance News". insuranceNEWS.com.au. 2022-05-12. Retrieved 2022-11-03.
  3. ^ "Digital home-loan play Tic:Toc raises funding from Genworth, La Trobe". Australian Financial Review. July 30, 2018.
  4. ^ "Genworth backs deposit gap funder". Banking Day. February 27, 2022.
  5. ^ "Household Capital enters strategic partnership with Genworth".