CIG Insurance

What CIG Insurance does

CIG Insurance, trading as Commercial Insurance Group Pty Ltd, is an Australian insurance brokerage headquartered in Hurstville, NSW. Founded in 2000, the firm operates as an authorised representative of CBN (AFSL 233750) and a member of the Steadfast Network, providing tailored general and business insurance broking services to small and medium enterprises across Australia. Its portfolio spans multiple specialised verticals including childcare and early learning centres, NDIS providers, IT companies, licensed builders, financial planners, rock climbing operators, and motor fleets, alongside core offerings in commercial property, professional indemnity, cyber liability, CTP Greenslip, and personal lines.

The business runs on a traditional, relationship-driven model with no proprietary technology platform. Service delivery relies on personalised face-to-face consultations, on-site visits, phone-based inside sales, and a website enquiry channel supported by industry-specific landing pages. CIG sources coverage from a panel of insurers including CGU, Zurich, Vero, QBE, Allianz, GIO, and NRMA, with exclusive policy access via Steadfast Network membership and CTP distribution via Greenslip King.

Revenue is generated through insurance broking commissions paid by insurers on placed premiums, with annual policy cycles as the billing cadence. The firm employs approximately 9 staff across account management, broking, claims, and operations functions, and operates from a single headquarters in Hurstville serving Sydney and broader NSW. There is no disclosed external investment, parent company, or M&A activity, indicating a privately held, founder/owner-operated business.

Name

CIG Insurance

Legal name

Commercial Insurance Group Pty Ltd

Website

https://ciginsurance.com.au

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

CIG Insurance is a privately held Sydney-based insurance brokerage (trading as Commercial Insurance Group Pty Ltd) operating as an authorised representative of CBN and a member of the Steadfast Network, providing tailored general and business insurance to Australian SMEs across niche verticals including childcare, NDIS, IT, builders, and motor fleets.

Ownership category

akta.pro rank

Product category

Insurance Brokerage Services

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Commercial Lines Insurance Brokerage (FSAEADAB)

akta.pro secondary industries

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ), Trade Credit Insurance Brokerage (FSAEADAL)

Keywords

• Commercial insurance broking
• Business insurance
• CTP greenslip insurance
• Claims management services
• Risk management advisory

Headquarters

HQ city

Hurstville (Sydney)

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Broking Commissions: CIG Insurance earns revenue through commissions paid by insurers for placing and renewing business on their panel. As an authorised representative of CBN and member of the Steadfast Network, commissions are received from multiple insurers including CGU, Zurich, Vero, and QBE based on policy premiums placed.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

CIG Insurance is a Sydney-based insurance brokerage that arranges business and general insurance policies on behalf of clients through a panel of Australian insurers. Its core book centres on commercial and SME insurance, complemented by niche industry-specific coverage (childcare, NDIS, IT, licensed builders, financial planners, rock climbing venues, motor fleets) and consumer general insurance lines. The firm also provides ancillary claims-handling and risk-management advisory as part of its broker service.

Product overview

CIG Insurance is a full-service insurance broker operating as an authorised representative of CBN (AFSL 233750), providing tailored insurance broking services across Australia. The company offers a portfolio of core products including General Insurance (home, motor, travel, boat, strata, landlord, caravan) and Business Insurance (management liability, cyber, D&O, workers compensation, commercial property, fleet), supported by specialized industry-specific coverages for childcare, NDIS providers, IT companies, builders, rock climbing operators, financial planners, and motor fleets. Services include risk management assessment, claims handling, and flexible quote preparation. The company operates as a member of the Steadfast Network and has over 20 years of experience protecting Australian businesses.

Differentiator

Problem solved

Functional benefit

Segments10 records

Ideal customer profiles9 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• CBN (National Broking Group)coreChannel Partner/ Reseller/ DistributorCIG Insurance (Commercial Insurance Group Pty Ltd ABN 96 137 669 044) is an Authorised Representative (000338640) of CBN (AFSL 233750, ACN 096 916 184). CBN is described as a national broking group with over 30 years assisting Australians. This is the primary regulatory and back-office relationship, providing CIG Insurance with its authorised status and access to CBN's product suite and systems.
• Steadfast NetworkcoreChannel Partner/ Reseller/ DistributorCIG Insurance is a member of the Steadfast Network, described as Australasia's largest general insurance broker network. Membership provides access to broader policy wordings and insurance markets not readily available through retail or comparison-based platforms, enabling CIG to arrange better-aligned coverage and access exclusive insurance products and services for niche industries.
• Greenslip KingminorChannel Partner/ Reseller/ DistributorCIG Insurance is partnered with Greenslip King, described as the number one CTP agent in NSW. Greenslip King works with all major CTP providers including Allianz, QBE, GIO, and NRMA to achieve the most competitive outcomes for motor fleet clients. CIG Insurance leverages this partnership to serve their CTP/Greenslip insurance customers.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Arthur J. Gallagher & Co (Australia): Global insurance broker with a substantial Australian commercial and specialty practice. Comparable to CIG as a broader Australian broker competitor for SME and mid-market commercial placements, though operating with significantly more scale and product breadth.
• AUB Group: Australian-listed broker network and underwriting agency operator. Comparable as a parallel broker-network aggregator that competes with Steadfast for member brokers and offers similar distribution scale and product access to Australian SME-focused brokers.
• Marsh (Australia): Global insurance broker and risk advisor with a significant Australian presence. Comparable to CIG in offering commercial and specialty broking services in Australia, though at much larger scale and typically serving mid-market to enterprise clients rather than small SMEs.
• Steadfast Group: Australasia's largest general insurance broker network, of which CIG is a member. Comparable as a parent/administrative layer that aggregates broker members; while not a direct competitor to CIG's own client work, it defines the economics, products, and market access available to brokers like CIG.
• PSC Insurance Group: ASX-listed Australian specialty insurance broker and consolidator. Comparable as a mid-market Australian broker that acquires niche broking books and competes for SME and specialty commercial placements in similar lines to CIG.

Direct peers

• Honan Insurance Group: Mid-sized Australian commercial insurance broker with specialisations across SME, professional indemnity, and specialty lines. Comparable to CIG as a relationship-led Australian broker focused on commercial and specialty placements for SMEs and mid-market clients.
• BizCover: Australian digital commercial insurance broker targeting SMEs with online comparison and bind. Directly comparable to CIG because both serve Australian small businesses across similar commercial lines (public liability, professional indemnity, motor fleet, cyber), but BizCover operates at much greater scale via a tech-led model that contrasts with CIG's traditional face-to-face approach.
• EBM RentCover: Australian insurance broker with a strong focus on landlord, property, and commercial SME lines. Comparable to CIG because both serve Australian SME and property-related clients with similar commercial general insurance products and a relationship-led broking model.

Regional players

• Insurance House (insuremyhouse.com.au / Insurance House Group): Australian commercial and personal lines broker operating in the same domestic market. Comparable to CIG as a general insurance broker arranging commercial and personal lines from a panel of Australian insurers, though with broader geographic reach across multiple states.
• Aussie Broker: Australian broker/aggregator distributing general insurance products from major Australian insurers. Comparable to CIG as a domestic Australian intermediary placing general and commercial lines, though operating through a broader retail/branch model rather than a specialist commercial focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cig-insurance-brokers

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 CIG Insurance