Top largest, The best insurance companies in the New Zealand
Determining the “best” insurance companies in New Zealand can be subjective and depends on various factors such as customer satisfaction, product offerings, financial strength, and individual preferences. Different companies may excel in different areas, and the suitability of an insurance provider often depends on the specific needs of the policyholder. As of my last knowledge update in January 2022, here are some well-known and reputable insurance companies in New Zealand. Please note that this list is not exhaustive, and the order does not indicate specific rankings:
- IAG New Zealand:
- IAG New Zealand is a subsidiary of Insurance Australia Group (IAG) and operates several well-known brands, including State, AMI, and NZI. It offers a range of insurance products, including home insurance, car insurance, and business insurance.
- Suncorp New Zealand:
- Suncorp New Zealand operates brands such as Vero and Asteron Life. It provides a variety of insurance products, including home and contents insurance, car insurance, and life insurance.
- Tower Insurance:
- Tower Insurance is a New Zealand-based insurer that offers a range of insurance products, including home insurance, car insurance, and travel insurance.
- AA Insurance:
- AA Insurance is a joint venture between the New Zealand Automobile Association (AA) and Vero. It provides insurance products, including car insurance, home insurance, and travel insurance.
- AMP New Zealand:
- AMP New Zealand is a financial services company that offers insurance, investments, and wealth management services. It provides life insurance, income protection, and other insurance products.
- Cigna New Zealand:
- Cigna is a global health service company that offers insurance products in New Zealand, including life insurance, income protection, and funeral insurance.
- FMG (Farmers’ Mutual Group):
- FMG is a mutual insurance company that specializes in providing insurance to New Zealand’s rural sector. It offers a range of insurance products, including farm insurance and personal insurance.
- AA Life:
- AA Life is part of the New Zealand Automobile Association (AA) and provides life insurance and funeral insurance products.
- Westpac Life New Zealand:
- Westpac Life New Zealand is a subsidiary of Westpac New Zealand and offers life insurance and income protection products.
- Vero Insurance New Zealand:
- Vero is part of the Suncorp Group and provides various insurance products, including home and contents insurance, car insurance, and business insurance.
When choosing an insurance provider in New Zealand, it’s essential to carefully consider your specific insurance needs, compare policy features and pricing, and review customer reviews and ratings. Additionally, consulting independent reviews and industry reports can provide further insights into the performance of insurance companies in the New Zealand market.