Global reach local knowledge

What Zurich offers:• Acompanythatisfinanciallysecure

and stable

• Committedtobrokerdistribution

• Choosefrommarket-leadingproducts

• Benefitfromourfullrangeofproducts:

– Motor

– Casualty

– Financial Lines

– Property

– Construction

– Marine

• Marketleadingmotorsystemsandfunctionality–Opendoor

• Worldclassriskengineeringservices andtools–Property,MotorFleet,Casualtyand Marine

• Internationalprograms

• Localaccesstoglobalexpertise

• Enjoyaone-on-oneprofessionalclaimsservice

• SpecialistFinancialLinesandMarineclaimspersonnel

Zurichisabrokers’insurer.Since1872we’vebeenevolvinganddevelopingstrongglobalinsight,expertiseandflexibilitythatyou canleveragetostrengthenyourcustomer’sbusinessagainstrisk.

Thisexpertisehelpsusprotectwhatisvaluabletobusinesses.Ourlonghistoryinformsourunderstandingofeachbusinessesdifferentrequirements.Weareveryresponsivewhenthere’sasituationto solveaswehavethisstrongexpertisetodrawupon.

Withourintermediatedmodel,weknowwhatyouexpectfromyourunderwriters-relevantproductsandfirst-classservice.Wesupportyouratherthancompetewithyou.Zurichstrivestobeyourinsurerofchoicebecauseyouareoursolefocus.Considerusforyourbusiness.

WhyZurich?

Localriskappetite

Current as at 30/06/2020

MarineCargo

• ConsumerProducts

• FoodandBeverage

• IndustrialMetals

• IT/Technology

• Light Manufacturing

• OtherIndustrial&ConsumerProducts

Marine

• PortAuthorities

• SmallShipRepairFacilities

• MarinaOperators

• Freight Forwarders

MotorCommercial 1-10 vehicles:

• Trades

• Professionals

• Retail

Corporate fleets:

• Sedans

• Lightvans

• Manufacturing/Retail

• FinancialInstitutions

• Civilengineering/Construction

• UtilityCompanies

Non-target:

• Agriculturalplant&machinery

• Line haul

• Localtransport

• Logging

Financial Lines

• ProfessionalIndemnity

• Directors&Officers

• FinancialInstitutions

• ManagementLiability

• CommercialCrime

• Cyber,SecurityandPrivacyProtection

• EmploymentPracticesLiability

Property• Sumsinsuredabove$20m

• Officeblocks

• Banks/Financialinstitutions

• Largeshoppingcomplexes

• Residentialbodycorporate.

• Agedcare/RetirementVillages

• Privateschools

• Hospitals/Clinics/HealthCareCentres

• Hotels–largeconstruction(accommodationonly)

• Councils/Governmentassets

• Engineeringindustries–smalltomedium(exceptfoundries)

• Concreteandconcreteproductindustries

• Utilities/Emergencyservices/Transportfacilities

• Non/Lowcombustiblewarehousing(appropriatelyprotected)

Non-target:

• EPSconstruction

• Naturaldisasteroutsidecrestazones1-3(someexceptionscanbemade)

• Combustible/FlammablegoodsWarehousing

• Woodworking/timberproductsorstorage

• Paperproductmanufacturingorstorage

• Plasticsindustries

Casualty

• CombinedGeneralLiability

• EmployersLiability

• StatutoryLiability

Zurich Australian Insurance Limited (incorporatedinAustralia)TradingasZurichNewZealand ABN13000296640,AFSLicenceNo:232507Level9,29CustomsStreetWest,AucklandCentral1010

ClientEnquiries Telephone:0508987424www.zurich.co.nzZU

2121

0-

V25

08

/20

-SL

AH

-015

96

3-2

020

TheFairInsuranceCodeZurichNewZealandisasignatorytotheFairInsuranceCode.TheFairInsuranceCodeisacodeofpracticethat:

• setsminimumservicestandardsforinsurancecompanies;

• describestheresponsibilitiesthatyouandyourinsurancecompanyhavetoeachother;and

• encouragesprofessionalismintheinsuranceindustry.

TheCodecoversallinsuranceproductsexcepthealthinsuranceandlifeinsurance.TheCodeonlyappliestoindividualsandentitieswith19orfeweremployees.

FurtherinformationabouttheCodecanbeobtainedfrom:https://www.icnz.org.nz/fair-insurance-code/about-the-code/

ZurichisamemberoftheInsuranceandFinancialServicesOmbudsmandisputeresolutionscheme.Intheeventofadispute,youmaybeabletoreferyourcomplainttotheschemeat:

InsuranceandFinancialServicesOmbudsmanSchemePOBox10-845Wellington6143NewZealandFreephone:0800888202

Furtherinformationabouttheschemecanbeobtainedfrom:www.ifso.nz

FinancialStrengthInNewZealand,Zurich’sgeneralinsuranceproductsareunderwrittenbyZurichAustralianInsuranceLimited(ZAIL),tradingasZurichNewZealand.

ZAIL’ssolvencymarginat30June2020wasAUD213m(Jun-19:AUD267m)inexcessofprescribedcapitalamountrequiredbytheAustralianPrudentialRegulationAuthority(APRA),withacapitalratioof1.66(Jun-19:1.81).ThisisbasedontheadjustednetassetsofAUD536m(Jun-19:AUD597m)comparedtoaprescribedcapitalamountofAUD323m(Jun-19:AUD330m).ZAILisregulatedbyboththeAPRAandtheReserveBankofNewZealand.

ZAILhasaninsurerfinancialstrengthratingofA+fromStandard&Poor’s(Australia)PtyLtd.Thisratingshowsthatthecompanyhasstrongfinancialsecuritycharacteristics.

Standard&Poor’sratingscaleforaninsurer’sfinancialstrength,togetherwithasummaryofStandard&Poor’sdescriptionis:AAA(ExtremelyStrong),AA(VeryStrong),A(Strong),BBB(Good),BB(Marginal),B(Weak),CCC(VeryWeak),CC(ExtremelyWeak),R(RegulatorySupervision),NR(NotRated).Ratingsfrom‘AA’to‘CCC’maybemodifiedbytheadditionofaplus(+)orminus(-)signtoshowrelativestandingwithinthemajorratingcategories.Furtherinformationontheseratingsisavailablefromwww.standardandpoors.com.

Anoverseaspolicyholderpreferenceapplies.UnderAustralianlaw,ifZAILiswoundup,itsassetsinAustraliamustbeappliedtoitsAustralianliabilitiesbeforetheycanbeappliedtooverseasliabilities.Tothisextent,NewZealandpolicyholdersmaynotbeabletorelyonZAIL’sAustralianassetstosatisfyNewZealandliabilities.

RemunerationArrangementsZurichNewZealandrequeststhatpriortoarrangingorrenewinganyinsurancecontract,brokersinformtheirclientsoftheremunerationpaymentswhichZurichNewZealandmakestobrokers.ThiscanbedoneatthesametimeasbrokersinformtheirclientsofZurichNewZealand’sfinancialstrengthrating.