Acquiring Company
IAG
Acquired Company
RAC Insurance (RACI)
PerthTravelDescription
IAG plans to acquire RAC Insurance, but the ACCC's preliminary view indicates that the benefits may not outweigh the competition harm. The regulator is concerned that the potential positive impact on the public is overstated and has previously blocked the deal on competitive grounds.
Quick answer
IAG is acquiring RAC Insurance (RACI), announced November 10, 2026.
- How much did IAG pay for RAC Insurance (RACI)?
- The deal value was not disclosed.
- Where are IAG and RAC Insurance (RACI) based?
- RAC Insurance (RACI) is based in Perth, Western Australia, Australia.
Source: Fundz verified event record.
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Who to call at IAG, and when
When IAG changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day IAG raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at IAG, from your own LinkedIn network
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Frequently asked
Who acquired RAC Insurance (RACI)?
RAC Insurance (RACI) was acquired by IAG. The deal was reported on November 10, 2026. IAG is privately held.
When did IAG acquire RAC Insurance (RACI)?
IAG's acquisition of RAC Insurance (RACI) was reported on November 10, 2026. IAG plans to acquire RAC Insurance, but the ACCC's preliminary view indicates that the benefits may not outweigh the competition harm. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does RAC Insurance (RACI) do?
RAC Insurance is a subsidiary of the Royal Automobile Club of Western Australia, providing insurance services to its members and the broader public. The company offers a variety of insurance products, including home, motor, and niche insurance. It is privately held, operating in Travel, and is based in Perth.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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