Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


SAI Life Opens Christchurch Office

SAI Life Opens Christchurch Office

SAI Life, an innovator in the insurance, savings and mortgage market, is opening a Christchurch office at the end of this month.

While SAI Life has had a presence for some time in Christchurch, the opening of a dedicated office reflects the company’s long term commitment to the South Island and recognises the potential of SAI’s niche product offerings in the important mainland market.

Chief Executive Mark Darrow says the company has had an agency presence in Christchurch for several years.

“As a wholly owned subsidiary of NZX listed Dorchester Pacific Ltd, we have been involved in Christchurch through fellow subsidiary Dorchester Finance,” he says.

“We see Christchurch as the natural place to have a base to service the South Island. Formally opening an SAI office here is an important step in our growth and we look forward to further developing our business through the innovative financial products we offer.”

SAI Life aims to have 15 agents based in Christchurch by the end of the year to assist clients. Fund Managers supporting the savings and investment products offered by the company include big names such as ING NZ and ABN AMRO Craigs.

SAI Life is best known for pioneering Reverse Annuity Mortgages (RAM) in New Zealand 14 years ago, and, through this product, remains the most experienced – and the most innovative – company in this sector.

Another cornerstone product for SAI is its SuperLife contract savings scheme, which is a runaway success in areas where it has been introduced. SAI Life also provides Life Insurance, including GroupLife – an exceptional product for New Zealand companies wanting a cost-effective option to offer employees. Superannuation, and the Equity Release Loans under the RAM® banner, complete its product portfolio.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>