Helia secures 4-year contract with ING Bank Australia

• Helia Group secured an exclusive four-year lenders mortgage insurance contract with ING Bank Australia.
• The agreement protects a revenue stream that previously generated 20% of Helia's gross written premium.
• The contract follows a comprehensive corporate review initiated by Helia after previous client contract risks.

Helia Group (ASX:HLI) secured an exclusive four-year lenders mortgage insurance contract with ING Bank Australia starting in July.

The new agreement follows the expiration of the previous supply arrangement between the two financial firms in June 2026.

This prior contract represented approximately 20% of Helia's gross written premium during the 2025 financial year.

The insurance provider previously flagged the potential loss of its major banking accounts before finalising this updated multi-year arrangement.

Following the announcement, the Helia Group share price was unchanged at $5.70.

Helia completed a comprehensive business review last year to manage operational risks across its primary mortgage insurance partnerships.

The group continues to focus on stabilising its long-term commercial portfolio with major domestic consumer lending institutions.