Helia Group seals four-year lenders mortgage insurance contract with ING
The news: Mortgage insurance provider Helia Group has been selected as the exclusive provider of lenders mortgage insurance (LMI) to ING Bank Australia, for a period of four years from 1 July 2026.
The context: Helia’s previous exclusive LMI supply and service agreement with ING expired on 30 June 2026 and represented around 20% of Helia’s FY25 gross written premium.
Last year, the group announced it had completed a comprehensive business review after flagging the potential loss of its LMI contracts with both Commonwealth Bank and ING Bank.
The source: ASX