Helia

Last updated
Helia
Company typePublicly listed company
IndustryInsurance
PredecessorGenworth Mortgage Insurance Australia
Headquarters
Sydney
,
Australia
Key people
Ian McDonald, Chair; Pauline Blight-Johnson, CEO
Products Lenders mortgage insurance
Websitewww.helia.com.au

Helia is an Australian lenders mortgage insurance provider. It is listed on the ASX and changed its name from Genworth Mortgage Insurance Australia in October 2022. [1] [2]

In 2018, Helia invested in Tic:Toc, a mortgage fintech. [3]

In 2021, Genworth Financial, an S&P400 insurance provider, sold its 52% of Helia's shares to institutional investors, effectively making Helia an independent company.

In 2022, Helia invested in OSQO a "deposit gap funder". [4]

In 2022, Helia purchased 22% of Household Capital, a reverse mortgage provider. [5]

References

  1. ↑ Genworth takes leap into home equity The Australian (subscription required)
  2. ↑ "Genworth reports strong Q1, prepares to unveil new name - Daily - Insurance News". insuranceNEWS.com.au. 2022-05-12. Retrieved 2022-11-03.
  3. ↑ "Digital home-loan play Tic:Toc raises funding from Genworth, La Trobe". Australian Financial Review. July 30, 2018.
  4. ↑ "Genworth backs deposit gap funder". Banking Day. February 27, 2022.
  5. ↑ "Household Capital enters strategic partnership with Genworth".


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