QUS

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

Headquarters

HQ city

Brisbane

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. 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.
2. 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

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core 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 A historical product, Property Protect Insurance, has been archived and is no longer actively offered.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

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Underwriters at Lloyd'scoreOthersQUS 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)minorStrategic or Co-development PartnerNIBA 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 ManagerscoreChannel Partner/ Reseller/ DistributorQUS 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

Direct 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

• Instagraminstagram.com/qusstratainsurance
• Xx.com/qusptyltd
• LinkedInlinkedin.com/company/qus-pty-ltd

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about QUS