Vero isn’t one of the brands the come to mind when you first think about insurance in NZ. You’re more likely to think about AA Insurance, State, AMI, and Tower. Or perhaps the policy you have purchased from your bank.
But Vero is actually one of the big players in the New Zealand insurance scene.
Sitting above Vero is Suncorp Group, which is a gigantic Australian insurance brand. Suncorp has an office in New Zealand, but they are fully owned by Suncorp Australia.
Below Vero sits AA Insurance. AA Insurance is predominately owned by Vero, with the other portion being owned by the Automobile Association (AA) – the brand you most likely relate with roadside rescue.
Vero also underwrites the insurance policies for some other brands, such as Warehouse Insurance, and ANZ banks general insurance.
If you just want to know the key facts about AMI we’ve condensed them down into the bite-sized bullet points below.
There are plenty of Vero insurance reviews on discussions forums, particularly Reddit. One user wrote the following in regards to their house insurance in Wellington: "We went through an insurance broker to get insured with Vero. No other insurance companies would take us on due to the age of the house. We couldn't even transfer the vendors policy as Tower refused. My understanding is that IAG (State) and Tower are both refusing new policies in Wellington as they are "overexposed". An insurance broker is free for you as they get paid a commission by the insurance company. ANZ are also a broker for Vero if you are looking at a mortgage with them". Another user wrote that they got a few home insurance quotes on a $700,000 sum insured. Their quotes were $4,000 from tower, and $3,000 from both AA Insurance and Vero.
Sure do, it’s 0800 100 200.
Visit their website using any of the links on this page and you’ll be able to lodge a claim, or call their 0800 number as seen above.
AMI Insurance is owned by Insurance Australia Group (IAG). This is the same company that owns State Insurance, and NZI.
The easiest way to get a quote from AMI Insurance is to visit their website. They also have an 0800 number, but we find things are easier (and faster) online. In 2020 AMI closed all their branches, so if you are used to visiting them in-store, you’ll now have to call or do it online.
AMI was founded in 1926 in Christchurch, New Zealand.
IAG (owner of AMI Insurance) announced on 23rd July 2020 that they will be closing their 53 branches.
The AMI website states that they have over 500,000 customers.
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