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Minister welcomes new insurance offerings
Hon Gerry Brownlee
Minister for Canterbury
Earthquake Recovery
10 September 2012 Media
Statement
Minister welcomes new insurance
offerings
Canterbury Earthquake Recovery Minister Gerry Brownlee has welcomed the news that Westpac and Lumley Insurance have teamed up to write new construction and full replacement home and contents cover in greater Christchurch.
“Being able to get new cover will help the rebuild gain momentum, and I hope today’s announcement spurs other insurers to further unlock the market,” Mr Brownlee says.
“With the seismic situation stabilising, and the vast amount of geotechnical and seismological work done over the past 24 months, insurers have arguably never been better placed to quantify and price risk.
“Today’s news is a welcome vote
of confidence in Christchurch’s future.”
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