Herbert Insurance Client Relationships Transferred to Aon

Media Release

17 March 2011

Herbert Insurance Client Relationships Transferred to Aon

Michael Stiassny and Brendon Gibson of KordaMentha, the Receivers of Herbert Insurance Group Ltd (In Receivership & In Liquidation), are pleased to announce that Aon New Zealand has taken over the company’s client base.

Michael Stiassny, one of the company’s receivers, says "With the support of the underwriters, this transaction will see client relationships transferred to Aon, one of the world’s largest insurance brokers."

All Herbert Insurance clients need to contact Aon as soon as possible to confirm the insurance cover they have in place.

“We have been working with the Serious Fraud Office during the receivership and we have very recently become aware of irregularities in some of the insurance cover that the company has placed for its clients. Some clients do not appear to have the cover they requested and in some cases they appear to have no cover at all”, says Michael Stiassny. “We strongly urge all the company’s clients to call Aon as soon as possible to confirm what cover they have and, if necessary, take any additional cover they require. It is very important clients do this immediately”.

All clients should contact Aon as soon as possible on 0800 800 398 or 09 362 9000.

Ends.

© Scoop Media