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

 


Marsh Launches Insurance Facility for Cantabrians

Marsh Launches Insurance Facility for Cantabrians Wanting to Rebuild


Auckland, 16 January, 2013 – Marsh, a global leader in insurance broking and risk management, today announced the launch of an insurance policy for Cantabrians rebuilding their homes following the major earthquakes in 2011.

The insurance provides cover during the construction phase of new residential dwellings, with the option of 12 months home insurance following completion. Cover is available to home owners and developers and is available irrespective of any banking relationship.

”The need for a substantial insurance capacity for the Christchurch residential rebuild has been evident for some time,” said Grant Milne, Country Head of Marsh New Zealand. “This insurance facility is expected to cater for up to one-third of new residential construction in Canterbury over the next several years”.

“Marsh is very excited to be able to facilitate this cover. Having had to restore our own operation following the devastation of our Christchurch office, and with some of our colleagues’ and clients’ own homes being directly affected, we are well aware of the challenges of finding insurance in the current environment. We believe that this facility will enable people to move forward and start a new chapter in their lives.”

Insurance is provided by an international panel of well-rated insurers, lead by Vero Insurance. The rebuild facility is offered under recognised local insurance policy conditions and with local claims management. All applications will be subject to the insurer’s underwriting criteria. More detailed information is available here.
ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Surreal Estate: Home Values Rise At Fastest Rate In Seven Years

The latest monthly QV House Price Index shows that nationwide residential property values for July have increased 10.1% over the past year which is the fastest annual rate since 2007... The Auckland market has increased 18.8% year on year. More>>

ALSO:

New Employment Laws: Talley’s AFFCO Workers To Strike

The decision comes after the Talley’s owned company walked away from mediation last week and applied to end bargaining under the government’s new employment laws - the first such application since the law came into effect. More>>

Private Action: Employer Pleads Guilty Over Forestry Death

The CTU has always known that the death of forestry worker Charles Finlay was due to the poor health and safety practices of his employer... "The CTU, with the support of Charles’s family, needed to take this ground breaking private prosecution." More>>

ICT Innovation: Six NZ Finalists In World Summit Awards

The awards are a global showcase of 40 projects, across eight categories, with a special emphasis on those which show the benefits of information and communication technology for the development of communities. New Zealand has finalists in six of the eight categories. More>>

ALSO:

Final Frontier: Rocket Lab And NASA Sign Commercial Space Launch Agreement

Rocket Lab has signed a Commercial Space Launch Act Agreement with the National Aeronautics and Space Administration (NASA). The agreement enables Rocket Lab to use NASA resources - including personnel, facilities and equipment - for launch and reentry efforts. More>>

ALSO:

Scoop Business: Wheeler Downplays Scope For ‘Large’ Rates Fall

Reserve Bank governor Graeme Wheeler says some market commentators are predicting further declines in interest rates that would only make sense for an economy in recession, although some easing is likely to be needed to maintain New Zealand’s economic growth. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news