IAG relaxes insurance embargo

We are now considering new business in South Wairarapa, Carterton, Masterton, Kapiti Coast, Nelson and Tasman for both new and existing home and contents customers.  Restrictions are however still in place in the local city and district councils of:

Lower North Island
Wellington City, Hutt City, Porirua City and Upper Hutt City.

Upper South Island
Marlborough District and Kaikoura District.

Within these areas, we will consider requests for new business and increases in sums insured for expositing customer only, however new business for new customers is not currently available.  It is standard practice following an incident such as the Seddon earthquakes for insurers to suspend the taking on of new business for a period in order to focus on existing customers’ claims and better understand the risk posed by aftershocks.

The embargo will be regularly assessed in response to the latest information available about the seismic activity.  We will update you with any further developments.

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