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Helia

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Helia
Company typePublicly listed company
IndustryInsurance
PredecessorGenworth Mortgage Insurance Australia
Headquarters,
Key people
Ian McDonald, Chair; Pauline Blight-Johnson, CEO
ProductsLenders mortgage insurance
Websitehttps://www.genworth.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 2008, 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. ^ https://www.theaustralian.com.au/business/financial-services/genworth-australia-takes-leap-into-home-equity-with-stake-in-household-capital/news-story/d4c93f835cf480957ff1e8c77daacb01
  2. ^ "Genworth reports strong Q1, prepares to unveil new name - Daily - Insurance News". insuranceNEWS.com.au. 2022-05-12. Retrieved 2022-11-03.
  3. ^ https://www.afr.com/companies/financial-services/tictoc-raises-funding-from-genworth-la-trobe-20180730-h13ber
  4. ^ https://www.bankingday.com/genworth-backs-deposit-gap-funder
  5. ^ "Household Capital enters strategic partnership with Genworth".