State Insurance is an
insurance company based in
New Zealand. , it is a business division of
IAG New Zealand, a subsidiary of
Insurance Australia Group.
History
State Insurance was formerly called the State Insurance Office. Previously, it had been the State Fire and Accident Office.
The State Insurance Act 1990 repealed the State Insurance Act 1963 and created State Insurance as a
state-owned enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (econom ...
.
In late 2014, State closed all but one of its branches saying that 94% of customers were conducting their business online or over the phone. The branch in Riccarton,
Christchurch, remained open due to the specific customer needs in the area surrounding the
2011 Christchurch earthquake
A major earthquake occurred in Christchurch on Tuesday 22 February 2011 at 12:51 p.m. local time (23:51 UTC, 21 February). The () earthquake struck the entire of the Canterbury region in the South Island, centred south-east ...
, until it closed in 2020.
The company has had well-known commercials that feature the song "
Break My Stride".
References
External links
*
Insurance companies of New Zealand
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