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Transforming lives together

01/08/2022

Who owns Racq?

Table of Contents

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  • Who owns Racq?
  • Is Racq Australian?
  • Is RACQ owned by Suncorp?
  • How many members does the RACV have?
  • Does RACQ work in NSW?
  • Who is Racv owned by?
  • Who owns St George’s?

Who owns Racq?

The Royal Automobile Club of Queensland Limited (“RACQ”) is a mutual organisation, owned by its nearly 1.8 million members. RACQ was formed in 1905 as a motoring club to advocate on behalf of Queensland motorists.

Is Racq Australian?

RACQ is a member of the Australian Automobile Association….Royal Automobile Club of Queensland.

Formation 1905
Headquarters Eight Mile Plains, Brisbane
Location Queensland, Australia
Key people Elizabeth M Jameson AM (President) David Carter (Group CEO)
Website www.racq.com.au

Is Racq only for Queensland?

RACQ Roadside Assistance: Wherever you are, we’re on our way We have the state’s largest network of patrols, we provide 24/7 roadside assistance all across Queensland, and we get 92% of vehicles* going without towing.

How many customers does Racq have?

1.7 million members
We exist for Queenslanders RACQ has proudly served Queenslanders for over 115 years. As a mutual organisation, RACQ is Queensland’s largest club with 1.7 million members.

Is RACQ owned by Suncorp?

Suncorp Group sold its stake in Royal Automobile Club of Queensland (RACQ) and the Royal Automobile Association (RAA) back to the respective motoring clubs.

How many members does the RACV have?

We continued to grow our Motor insurance business and now have over 1.1 million Members holding this product. The Home business also grew Home insurance membership, now with over 810,000 Home insurance products on issue, and we remain very excited by all the options RACV Solar gives us for the future.

Who is RACV owned by?

RACV was a founder of insurance brand AAMI (previously known as Club Motor Insurance and now owned by Suncorp-Metway), and both companies are now major competitors in the insurance market in Victoria with RACV’s business venture with partner Insurance Australia Group.

Is RACQ Australia wide?

Yes. Though RACQ roadside assistance is based in Queensland, your cover applies throughout Australia. RACQ has partnerships with other roadside assistance networks so if your vehicle breaks down while travelling in another state, you’ll still be protected and entitled to the same benefits.

Does RACQ work in NSW?

Members with RACQ Roadside Assistance Call 13 1111 from anywhere in Australia and you will be connected with the local motoring organisation.

Who is Racv owned by?

Is RACV owned by NRMA?

NRMA will own 70 per cent and RACV 30 per cent.

Who is the CEO of RACQ?

David Carter (Mar 2020–)Royal Automobile Club of Queensland / CEO

Who owns St George’s?

WestpacSt. George Bank / Parent organization

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