QUS
- Company typePrivate
- Founded2008
- HeadquartersBrisbane, Australia
- Headcount11–50
- GTM typeB2B
- OfferingServices
QUS firmographics
Firmographics- Name
- QUS
- Legal name
- QUS Pty Ltd
- Website
- https://qus.com.au
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Where QUS is headquartered
LocationHeadquarters
- HQ city
- Brisbane
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
QUS business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Insurance Premium Revenue: QUS acts as an underwriting agency distributing strata insurance products on behalf of insurers (certain underwriters at Lloyd's). Revenue is generated through insurance premiums collected from policyholders via brokers, with QUS retaining a portion as agency fees and passing the remainder to insurers.
- Broker Commission: QUS pays brokers commission on each base premium in accordance with agreed rates. The broker remits payment on a net of commission basis plus agency fees and statutory charges to QUS within 60 days of policy inception.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Broker-mediated insurance pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
QUS product offering
Product offeringCore offering
QUS operates as an underwriting agency distributing strata insurance products (residential and commercial) on behalf of certain underwriters at Lloyd's in Australia. The company sells exclusively through Australian Financial Service Licensed Insurance Brokers and supports brokers with online portals, electronic distribution systems, and the QUS Assist mobile application for claims notification.
Product overview
QUS is an underwriting agency that provides strata insurance solutions exclusively through Australian Financial Service Licensed Insurance Brokers. The core product is Strata Select Insurance, available in two variants: Residential Strata and Commercial Strata. The company acts as agent for certain underwriters at Lloyd's. Supporting the main insurance products, QUS offers QUS Assist, a mobile application for claims notification and photo uploads. A historical product, Property Protect Insurance, has been archived and is no longer actively offered.
Differentiator
Problem solved
Functional benefit
Brands
- Strata Select: Main strata insurance product offering for residential and commercial strata properties.
Products and services
- Strata Select Insurance (Residential) Strata insurance product covering residential strata-titled properties including apartments, townhouse complexes, and multi-unit residential developments, underwritten as agent for certain underwriters at Lloyd's and distributed exclusively through AFS Licensed Insurance Brokers in Australia.
- Strata Select Insurance (Commercial) Strata insurance product covering commercial strata-titled properties including office buildings, retail complexes, and industrial strata properties, underwritten as agent for certain underwriters at Lloyd's and sold exclusively through AFS Licensed Insurance Brokers in Australia.
- QUS Assist Mobile Application
Companies that use QUS
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
QUS technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
QUS partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Underwriters at Lloyd'scoreQUS Pty Ltd distributes products acting under a binding authority as agent for Insurer(s) certain underwriters at Lloyd's. QUS acts as an underwriting agency on behalf of these insurers providing and administering strata insurance related products and services.
- National Insurance Brokers Association of Australia (NIBA)minorNIBA runs needabroker.com.au website that explains the role of a broker, why clients should use a broker, and assists in contacting qualified insurance brokers. QUS supports the broker ecosystem by distributing exclusively through NIBA-affiliated brokers.
- Sales & Development ManagerscoreQUS employs Sales & Development Managers who work directly with insurance broker partners to provide faster and more efficient service, communicate product updates, and support broker relationships.
Scale indicators4 records
Recent moves7 records
Expansion highlights4 records
QUS competitors and assessment
Company assessmentDirect peers
- Strata Community Insurance (SCI): Underwriting agency dedicated to strata and community title insurance in Australia, distributing through brokers. Closely comparable niche specialization and broker-mediated distribution model to QUS.
- CHU Underwriting Agencies: Australia's largest specialist strata insurance underwriting agency, also distributing through brokers. Operates an almost identical underwriting agency model for residential and commercial strata, making it the most direct competitive comparison to QUS.
- Body Corporate Insurance (BCI): Specialist underwriting agency focused on body corporate and strata insurance in Australia. Competes head-to-head with QUS for broker placement of strata policies across residential and commercial schemes.
Broad incumbents
- Suncorp Group: Large Australian general insurer offering commercial and residential strata insurance via brands such as Vero and AAMI. Competes with QUS for strata renewals through broker and direct channels.
- Insurance Australia Group (IAG): Major Australian general insurer (NRMA, CGU, SGIO, SGIC brands) offering strata and commercial property products. Represents the broad incumbent alternative that brokers may place instead of niche specialists like QUS.
- Allianz Australia: One of Australia's largest general insurers, offering strata and commercial property insurance products as part of a broad portfolio. Competes with QUS in strata placements while also serving many other lines of business.
- QBE Insurance Australia: Major global insurer with substantial Australian operations providing commercial and strata property insurance. Competes with QUS on larger strata schemes and capacity-intensive risks.
Regional players
- Honan Insurance Group: Australian-focused insurance broker and risk advisory firm placing strata and commercial property business. Comparable as a broker-channel intermediary that competes for placement of strata premiums alongside QUS's underwriting agency model.
Others
- AIG Australia: Previously a capacity provider for QUS (underwrote policies incepting up to 31 December 2021). Remains an adjacent comparator as a major global insurer with Australian strata exposure and historical underwriting relationship with QUS.
- Steadfast Group Ltd: Holds a minority stake in QUS and is Australia's largest general insurance broker network. Functions as both strategic shareholder and indirect channel partner through which QUS reaches affiliated brokers.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
QUS social profiles
Digital presenceQUS compliance and trust
Trust signalCompliance4 records
QUS financial estimates
Financial estimateRevenue estimate
Valuation estimate
QUS leadership team
Management profileNumber of profiles
Profiles7 records
QUS funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
QUS M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about QUS
What does QUS do?
QUS operates as an underwriting agency distributing strata insurance products (residential and commercial) on behalf of certain underwriters at Lloyd's in Australia. The company sells exclusively through Australian Financial Service Licensed Insurance Brokers and supports brokers with online portals, electronic distribution systems, and the QUS Assist mobile application for claims notification.
Is QUS a public or private company?
QUS is a private company. It is classified as corporate owned and is currently operating.
When was QUS founded?
QUS was founded in 2008. It employs 11 to 50 people.
Where is QUS based?
QUS is headquartered in Brisbane, Australia, in the Oceania region.
How does QUS make money?
Two revenue lines are on record. Insurance Premium Revenue is the primary driver. The others are broker Commission.
Who are QUS's main competitors?
Direct peers on record are Strata Community Insurance (SCI), CHU Underwriting Agencies and Body Corporate Insurance (BCI). Broad incumbents are Suncorp Group, Insurance Australia Group (IAG), Allianz Australia and QBE Insurance Australia. Honan Insurance Group is listed as a regional player. Others are AIG Australia and Steadfast Group Ltd.
Does QUS have an API?
No public API is recorded for QUS.