AAI Limited is authorised by Australian Prudential Regulatory Authority (APRA) to carry on insurance business pursuant to the Insurance Act 1973.

AAI Limited is also the holder of an Australian Financial Securities License (AFSL) issued by the Australian Securities and Investments Commission (ASIC) to provide financial product advice in respect of general insurance products.

Apia Limited is an Authorised Representative and wholly owned subsidiary of AAI Limited, and acts as AAI Limited's agent under an authority given to it by AAI Limited to enter into contracts of insurance on behalf of AAI Limited as insurer, and deal with and settle claims on behalf of AAI Limited.