Tuesday, 1 November 2011

About IAG NZ

NZI is a business division of IAG New Zealand Limited (IAG NZ).

Quick facts about IAG NZ


We are the largest general insurer in New Zealand and a leading provider of commercial insurances - we have approximately 36% share of the insurance market.
 
Our Gross Written Premium amounts to $1,186 million for the 12 months to June 2009.

We have more than 2.7 million policies with more than 1,030,000 customers.

We pay approximately $662 million in claims each year.

Our claims payments average $1.8 million per day.

We have more than 2000 staff throughout our nationwide network.

IAG New Zealand Limited received a Standard & Poor's (Australia) rating of AA- on 3 November 2010. This rating is lodged with the Registrar of Companies and is reviewed annually.

We hold memberships with the Insurance Council of New Zealand Inc, Insurance and Saving Ombudsman scheme, New Zealand Business Council for Sustainable Development and the New Zealand Sustainable Business Network.


For more information about IAG NZ, visit www.iag.co.nz.

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