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

 

At Work And Sovereign Join Forces

MEDIACOM-RELEASE-AT-WORK-INSURANCE

AT WORK AND SOVEREIGN JOIN FORCES TO INSURE SELF-EMPLOYED

At Work Insurance and Sovereign announced today they have formed a strategic alliance to offer workplace insurance to self- employed workers.

At Work Chief Executive Sam Knowles says the alliance with Sovereign will allow At Work to market its new Self-Employed product through Sovereign's existing network of advisers.

Mr Knowles says there are 332,000 self-employed people working in New Zealand and At Work has joined with Sovereign to meet market demand for competitively priced workplace insurance.

Sovereign's Group Managing Director, Ian Hendry, says he sees the partnership with At Work as an ideal opportunity to extend the product range that Sovereign's advisers are able to offer their clients.

"Sovereign already has a 33 percent share of the disability income protection market and this, plus our health product MajorCare, ideally complement At Work's workplace insurance products," Mr Hendry says.

At Work expects three out of four self-employed people earning more than $20,000 will save up to 50 percent on premiums with At Work's new Self-Employed insurance product.

"A middle aged female accountant with earnings of $80,200 with no previous claims, but who plays sport, will save $684.77 a year - that's 49 percent off her current ACC premium," says Mr Knowles.

At Work's Self-Employed insurance covers accidents in the New Zealand workplace, home and sport. Car accidents will continue to be covered by ACC. Self-employed can make further savings by selecting from a range of excess options.

As well as forming a partnership with Sovereign, At Work has strategic alliances with a number of other organisations including State Insurance and GIO.

ENDS....

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Commerce Commission: Latest Broadband Report Confirms Improved Performance Of Premium Fibre Plans

The latest report from the Commerce Commission’s Measuring Broadband New Zealand programme shows that the performance of Fibre Max plans has improved substantially. This follows a collaboration between the Commission, its independent testing partner, ... More>>

Air New Zealand: Capital Raise Deferred

Air New Zealand has decided to defer its planned capital raise to later in 2021 allowing more time to assess the impacts of recent developments on the airline’s path to recovery. 'We’ve seen some clearing of COVID-19 clouds recently, with ... More>>

Commerce Commission: Cartel Conduct Now Punishable By Up To 7 Years’ Jail Time

Cartel conduct can now be punished with a term of imprisonment of up to 7 years, after the Commerce (Criminalisation of Cartels) Amendment Act 2019 came into effect today. Cartel conduct includes price fixing, market allocation and bid rigging (see ... More>>

Stats NZ: Auckland Population May Hit 2 Million In Early 2030s

Auckland’s population may rise from about 1.7 million currently to 2 million by early next decade, Stats NZ said today. “Auckland will likely have the highest average annual growth of New Zealand’s 16 regions over the next 30 years, from ... More>>


Stats NZ: March Card Spending Rebounds Despite COVID

There was a lift in retail card spending in March following a fall in the lockdown-disrupted February month, Stats NZ said today. Seasonally adjusted retail card spending rose by $53 million (0.9 percent), compared with February 2021. Visit our website to read ... More>>

PwC: Outcome Of Review Into Air New Zealand Gas Turbines Business

Air New Zealand has received the report into its Gas Turbines business from independent external advisers PwC. Air New Zealand Chairman Dame Therese Walsh says the report identified a range of effective controls in the Gas Turbines revenue contracting ... More>>

LPG Association: Renewable LPG Achieves Emissions Budgets With No Need To Ban New LPG Connections

Renewable LPG can supply New Zealand’s LPG needs and achieve the emissions reductions proposed by the Climate Commission without the need to ban new connections, a new study shows. The investigation, by leading consultancy Worley, was prepared for the ... More>>