IAG New Zealand (IAG NZ) is the New Zealand subsidiary of
Insurance Australia Group
Insurance Australia Group Limited (IAG) is a multinational insurance company. It is the largest general insurance company in Australia, and also the largest in New Zealand through its subsidiary IAG New Zealand. IAG had its origins in the Nati ...
. It is the largest
general insurance
General insurance or non-life insurance policy, including automobile and homeowners policies, provide payments depending on the loss from a particular financial event. General insurance is typically defined as any insurance that is not determine ...
company in New Zealand, just as its parent is the largest in Australia. It has a number of insurance brands it has acquired, including
AMI Insurance
AMI Insurance began in Christchurch, New Zealand, in 1926 as the South Island Motor Union (SIMU), and grew to be the second biggest residential insurer in New Zealand. It was a mutual insurance company, meaning it was owned by its policy holders, ...
,
NZI and
State Insurance. Its head office is in
Auckland
Auckland (pronounced ) ( mi, Tāmaki Makaurau) is a large metropolitan city in the North Island of New Zealand. The most populous urban area in the country and the fifth largest city in Oceania, Auckland has an urban population of about ...
, New Zealand, and it has several offices throughout the country.
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Brands
In New Zealand, IAG NZ offers products under the following brands:
*
AMI Insurance
AMI Insurance began in Christchurch, New Zealand, in 1926 as the South Island Motor Union (SIMU), and grew to be the second biggest residential insurer in New Zealand. It was a mutual insurance company, meaning it was owned by its policy holders, ...
(formerly SIMU Insurance)
- personal, business, farm and marine insurance
* DriveRight - provides breakdown insurance and extended vehicle warranties to motor dealers
* Mike Henry Travel Insurance - domestic and international travel insurance
* NAC Insurance - high-risk and short term vehicle insurance
*
NZI (formerly New Zealand Insurance) - business, personal and rural insurance, exclusively though brokers
*
State Insurance - home, contents, business, marine and vehicle insurance cover
* Swann Insurance (NZ) - classic car and motorbike insurance
* Lantern Insurance - brokerage exclusively selling NZI products
* Lumley Insurance - offered through intermediaries such as brokers and banks
Several New Zealand banks also resell IAG NZ insurance products.
References
External links
IAG New Zealand
{{New Zealand Insurance Companies , state=autocollapse
Insurance companies of New Zealand
New Zealand subsidiaries of foreign companies