QBE body corporate insurance — NZ panel profile
Australian-headquartered multinational with a substantial NZ commercial property book; broker-only distribution.
About QBE as a NZ body-corp insurer
QBE operates in New Zealand through the NZ branch of QBE Insurance (Australia) Limited, which is licensed by the Reserve Bank of New Zealand as a non-life insurer and is a member of the Insurance Council of New Zealand. The parent, QBE Insurance Group Limited, is one of the largest international general insurers headquartered in Australia (ASX:QBE) and operates across 27 countries.
For NZ body corporate insurance, QBE is a regular panel-quoted carrier on commercial property and commercial-strata risks. QBE's NZ commercial-property appetite has historically included multi-unit residential developments — particularly mid-sized to larger body corporates where the risk supports a more technical underwriting approach. Like the rest of the NZ commercial body-corp panel, QBE writes through brokers only; there is no direct-to-public channel.
For a body corporate committee, the practical implication is that QBE quotes alongside NZI, AIG, Zurich, Delta and Dual on FCIB-presented risks where QBE's appetite fits the building's construction, age, location and claims history. QBE typically asks for full underwriting information (current valuation, claims history, recent capex, weathertightness status) before quoting larger risks.
Publicly-known QBE body-corp appetite
- Mid-to-large unit-titled residential developments
- Commercial-mix and pure-commercial body-corporates
- Risks with full underwriting information available (valuation, claims history, capex)
- NZ-wide; Wellington and Christchurch underwritten with seismic-zone loadings
Appetite is descriptive only — based on publicly-stated focus areas. Final acceptance is always at the underwriter's discretion. FCIB confirms appetite per submission before quoting.
FCIB panel positionWhat this means for your body corporate
FCIB holds an active QBE agency for commercial property and body-corp risks. QBE is quoted on FCIB body-corp submissions where the risk profile fits the carrier's publicly-stated appetite.
Policy wordingQBE body-corp wording (clauses & exclusions)
QBE Body Corporate wording PDF not yet ingested.
FCIB will provide the current binding wording on placement. For pre-bind clause questions, request the latest PDS via the quote form — we forward it on placement.