About IAG New Zealand

IAG New Zealand Limited (IAG NZ) is New Zealand's largest general insurer. We are part of Insurance Australia Group (IAG), which is headquartered in Sydney and is Australasia's largest general insurance group.

IAG has a portfolio of general insurance businesses. It has leading and established brands across its home markets of Australia and New Zealand, a growing presence in Asia, and other specialist underwriting operations.

IAG underwrites around $7.8 billion of insurance premiums each year. The Group employs around 13,500 people..

In New Zealand, we offer the majority of our products under the State and NZI brands. State offers insurance cover for predominantly personal assets such as home and vehicle with policies sold directly to the public either via our 0800 number or at our sales centres around the country. NZI specialises in providing business, rural and personal insurance through brokers.

We also wholly own the following trading brands:

Mike Henry Travel Insurance which provides travel insurance that is distributed primarily through retail travel agencies

NAC Insurance which specialises in high-risk motor vehicle insurance

Swann Insurance (NZ) which provides warranty and consumer credit insurance

DriveRight which provides mechanical breakdown insurance via motor vehicle dealers.

Lantern which provides a means for NZI products to be sold directly to the public.

In addition, we underwrite insurance for some of New Zealand's leading financial institutions including ASB, BNZ, PSIS, AMI, Westpac and Warehouse Travel.

IAG NZ has about 35% of the general insurance market in New Zealand. We have more than 2,000 employees in our network of nationwide call centres, 29 sales centres and eight branches. Telephone centres are located in Auckland, Hamilton, Wellington and Christchurch, with the national head office in Auckland.

We also have shareholdings in:

First Rescue and Emergency (NZ) (50% owned), which manages State Roadside Rescue, our vehicle breakdown service.

Loyalty New Zealand (25% owned), which manages the Fly Buys loyalty programme.

Awards and commendations:

NZI, winner Insurer of the Year 2007 and 2008, Insurance Brokers Association of New Zealand

Winner General Insurance Company of the Year 2005, Australian and New Zealand Institute of Finance

NZI, winner Underwriter of the Year 2005, Insurance Brokers Association of New Zealand

The Association of Chartered Certified Accountants (ACCA) Australia and New Zealand Awards for Sustainability Reporting 2005 – Commendation for Achievements in Sustainability Reporting

IAG Group announced on the Davos Global 100 list of the world's most sustainable organisations