IAG restructures Australian businesses

Insurance Australia Group (IAG) is pulling its domestic
businesses into a single unit, as the carrier aims to make A$250mn
($198mn) in cost savings.
Group COO Mark Milliner is stepping in to run the Australia
division, while the CEO of the Australian consumer division,
Anthony Justice, has resigned, the company said today.
The new structure will bring together the existing Australian
consumer and Australian business units, alongside IAG's
operations and satellite divisions.The CEO of the Austral