AIG New Zealand Overview
As a leader in commercial and personal insurance solutions, American International Group, Inc (AIG) is one of the world’s most far-reaching property casualty networks, offering a broad range of products, including Liability, Financial Lines, Property, Global Specialty, Personal Lines and Accident and Health. AIG’s strong local team is backed by their global network, giving TLC access to unrivalled knowledge, passion and expertise.
When things go wrong, AIG’s claims team are the problem solvers of choice. AIG’s experienced decision makers and global network of claims experts will support TLC’s claims team and choice of specialist adjusters, enabling TLC to continue their renowned service levels and reputation for claims. With this partnership, TLC clients benefit from unmatched service that puts their needs at the heart of the claims process.
AIG New Zealand Insurance Rating Information
The Insurance (Prudential Supervision) Act 2010 requires licensed insurers to have a current financial strength rating that is given by an approved rating agency. AIG Insurance New Zealand Limited has an A (Strong) insurer financial strength rating given by Standard & Poor’s (Australia) Pty Ltd.
AIG’s extensive risk management and claims experience, strong capital position, and expertise in solving complex risk and insurance challenges means businesses get to focus on achieving their fullest potential. Because we’ve got the risk side of things covered.
The Standard & Poor’s Financial Strength Rating Scale:
AAA Extremely Strong / AA Very Strong / A Strong
BBB Good / BB Marginal / B Weak
CCC Very Weak / CC Extremely Weak / C Regulatory Action
SD Selective Default / D Default / NR Not rated
Benefits to partnering with AIG Insurance New Zealand
AIG Insurance New Zealand offers the security of a top-rated balance sheet and the expertise of a worldwide team of professionals. This paired with the successful heavy machinery platform TLC Insurance has made in New Zealand over the past 26 years forms a strong position in the heavy machinery market.
Vero Liability Overview
Liability is a very serious part of what TLC does in providing complete cover for our contractors. Cover for liability goes hand in glove with the cover on the plant and if insured separately, it can create gaps in cover which has the potential to leave the client stranded in between.
We have therefore sought the very best insurer to protect our clients' legal interests – Vero Liability is such an Insurer, committed to providing its products and services via professional insurance brokers and agents.
Vero Liability understands that its clients and insurance advisors require dependable underwriting and claims management services. In recognition of this Vero Liability is committed to providing insurance that actually fits with the requirements of the insured and is proud to have people with the experience, skill and commitment to deliver the best service and value to insurance buyers backed up with an unrivalled claims service.
HEAD OFFICE
127 Second Avenue, Tauranga 3110
PO Box 7006, Tauranga 3148
Phone. +64 7 544 6686
Freephone. 0800 TLC INS (0800 852 467)
Email. info@tlcinsurance.co.nz
