NTI is an Australian success story. From our humble beginnings over four decades ago, to the national company we are today, it’s been a long and interesting road to becoming Australia’s leading Specialist Insurer.
Our story starts in 1971 when we commenced trading as R&G Insurance Consultants – an independently owned general insurance brokerage providing coverage to carriers through local and international insurers. At this time and through to the 1980s we worked closely with Lloyd’s Brokers as their Australian representatives.
In 1986, National Transport Insurance Limited (NTI) was formed with local insurers AMP, Sun Alliance, General Accident and QBE as equal joint shareholders. This allowed us to expand nationally.
In the years following the insurance industry underwent significant change and, in 2001, NTI became a joint venture between its shareholders. Today those shareholders are IAG's CGU and Suncorp's Vero, which combines the strength of two of Australia’s largest general insurers with NTI’s specialist knowledge and expertise across the transport and logistics industries.
In 2015, it was announced that the heavy motor and mobile plant and equipment portfolios from Lumley Insurance would be transferred to NTI. We leveraged the expertise of Lumley and expanded our team of experts across the country to offer a market-leading proposition via Yellow Cover: Powered by NTI.
Further change came to NTI in 2017, with IAG and Vero agreeing to create Australia’s leading marine insurance specialist – Marine Protect: Powered by NTI. We expanded our team of experts across the country to include the marine teams from both companies to ensure we could deliver another market-leading policy and peace of mind to our marine customers and partners.
In 2017, we also launched our first retail brand - Truck Assist: Powered by NTI - with roadside assistance and truck insurance available to customers directly online. This built on the success of NTI's existing Truck Assist roadside service which began operating in 2006 through participating manufacturers. Today, every second new truck sold in Australia comes with a Truck Assist roadside assistance package.
At NTI, we put our customers first. We recognize that your business is unique and we understand the challenges your face. The ‘DNA’ of NTI – excellence in claims, internal expertise, a specialist focus, and innovation in electronic delivery and customer service – has allowed us to become #1 in Heavy Commercial Motor and #1 in Marine, the emerging leader in Mobile Plant & Equipment, and the recognised specialist in truck roadside assistance and direct truck insurance products.