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In 2025 RAC proposed a 20-year general insurance partnership with IAG, Australia’s largest general insurance company, to keep RAC insurance sustainable, competitive and focused on members for the long haul. In this episode of RAC’s Horizons Podcast, RAC Group CEO Rob Slocombe joins us to explain the proposed partnership and what it means for members.
Rob outlines the changing insurance landscape, from climate risk and rising reinsurance costs to growing regulatory and technology demands, and why RAC believes partnering with a larger national insurer will help protect members into the future.
He also addresses the ACCC’s opposition to the proposal, what happens next under the new regulatory regime, and reassures members that RAC’s brand, local service, and commitment to Western Australians will remain unchanged.
To hear the full conversation, listen to this episode of the Horizons by RAC Podcast on YouTube, Spotify or Apple Podcasts.
0:00 RAC Brand Promise
00:30 Why Partner With IAG
04:32 Scale and Tech Benefits
05:31 Member Experience Changes
06:20 ACCC Decision and Next Steps
09:58 Future Vision and Duty
11:18 Beyond Insurance Services
13:02 Advocacy and Community Work
13:45 Final Message to Members
