Who we are

Genworth is a leading provider of Lenders Mortgage Insurance in Australia

Genworth is a leading provider of Lenders Mortgage Insurance (LMI) in Australia. We also provide tailored risk and capital management solutions for lender customers in the Australian residential mortgage market that complement our traditional LMI product offering.

LMI facilitates residential mortgage lending by transferring risk from lenders to LMI providers, predominantly for high loan-to-value ratio residential mortgage loans.

Genworth believes the provision of LMI to lenders has contributed to comparatively high levels of Australian home ownership and residential mortgage loan accessibility, supporting the housing market in Australia.

Genworth has lender partnerships across major banks, non-major banks, mutuals and non-bank lenders. Many of these relationships have spanned decades.

LMI has been an important part of the Australian residential mortgage lending market since it was introduced by the Australian Government in 1965. Since our inception Genworth has taken many forms, evolving from HLIC, a government entity, to GE, one of the world's most innovative companies, and then to Genworth.

Our purpose

Supporting Australians' financial security through home ownership.


Our values

Our values represent who we are and what we stand for. They underline how we go about our work, how we interact with each other and how we interact with our customers. They help us remember that how we approach our work is just as important as the work itself and reflects the character of our business.

  • Act with integrity – have courage. do what’s right.
  • Rethink the everyday – experiment. embrace change. adapt
  • One team – work together to deliver on our commitments
  • Own it – be accountable. plan. get it done.
  • Focus on your customer - listen. be relevant. be flexible.

Related documents and information

What is LMI?

Information about Lenders Mortgage Insurance