Mortgage Business
IHA increases share in iSelect By Annie Kane 23 April 2021
The ACCC has cleared the way for the parent company of Compare the Market, Innovation Holdings Australia, to increase its stake in competitor iSelect.
Innovation Holdings Australia Pty Ltd is set to increase its hold over the comparison website market as it looks to take up a greater share in iSelect.
Through its related bodies corporate, it owns comparison site comparethemarket.com.au, which offers services to consumers that compare financial products (including mortgages), as well as credit cards, insurance, energy and utility services.
It also is the parent company of Auto & General Insurance Company Ltd and Auto & General Holdings Pty Ltd (together, Auto & General) which underwrite and distribute home, motor and travel insurance in Australia, p
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