{
  "schema_version": "1.0",
  "profile_url": "https://bodycorpinsurance.co.nz/insurers/zurich-body-corporate/",
  "markdown_url": "https://bodycorpinsurance.co.nz/insurers/zurich-body-corporate/markdown.md",
  "last_reviewed": "2026-06-03",
  "insurer": {
    "brand": "Zurich",
    "slug": "zurich-body-corporate",
    "legal_entity": "Zurich Australian Insurance Limited (NZ Branch)",
    "parent_group": "Zurich Insurance Group Ltd (SIX:ZURN)",
    "established_nz": null,
    "website": "https://www.zurich.co.nz",
    "logo_domain": "zurich.co.nz"
  },
  "regulator": {
    "authority": "Reserve Bank of New Zealand",
    "legislation": "Insurance (Prudential Supervision) Act 2010",
    "industry_body": "Insurance Council of New Zealand (ICNZ)"
  },
  "fcib_panel": {
    "site_operator": "First Commercial Insurance Brokers Ltd",
    "fsp_number": "FSP748591",
    "status": "active",
    "statement": "FCIB holds an active Zurich agency. Zurich is quoted on FCIB body-corp submissions where the risk meets the carrier's selective commercial-property appetite."
  },
  "positioning": {
    "one_liner": "Swiss-headquartered global insurance group; NZ commercial-property writer including selective body-corp participation.",
    "narrative": "Zurich operates in New Zealand through the NZ branch of **Zurich Australian Insurance Limited**, which is licensed by the Reserve Bank of New Zealand under the Insurance (Prudential Supervision) Act 2010 and is a member of the Insurance Council of New Zealand. The parent, **Zurich Insurance Group Ltd**, is one of the largest Swiss-headquartered insurance groups (SIX:ZURN), operating in 215 countries and territories.\n\nIn the NZ commercial-property market Zurich is regularly quoted on larger commercial property and commercial-strata risks. Body corporate participation is selective — Zurich typically engages where its commercial-property technical underwriting and risk-engineering capability adds value (large sum-insured concentrations, complex MEP services, multi-site portfolios). Zurich distributes through brokers in NZ.\n\nFor a NZ body corporate committee, Zurich on the quote list typically signals that the building is a larger or more technically complex risk — central-city mid-to-high-rise, mixed-use, or sites with bespoke risk-management requirements. Zurich often participates as a co-insurer on the largest NZ body corporate sums insured rather than as the sole carrier."
  },
  "appetite": [
    "Larger commercial and commercial-strata risks",
    "Sums insured supporting technical underwriting (typically $30M+)",
    "Risks benefitting from Zurich risk-engineering capability",
    "Co-insurance participation on large city-centre body corporates"
  ],
  "credentials": [
    "Zurich Australian Insurance Limited (NZ Branch) is licensed by the Reserve Bank of New Zealand under the Insurance (Prudential Supervision) Act 2010",
    "Member of the Insurance Council of New Zealand (ICNZ)",
    "Parent Zurich Insurance Group Ltd listed on SIX Swiss Exchange as ZURN"
  ],
  "wording": {
    "status": "pending",
    "note": "Zurich NZ Body Corporate / Strata wording PDF not yet ingested."
  },
  "references": [
    {
      "label": "Zurich New Zealand",
      "url": "https://www.zurich.co.nz"
    },
    {
      "label": "Zurich Insurance Group",
      "url": "https://www.zurich.com"
    }
  ],
  "citation": {
    "licence": "CC BY 4.0",
    "attribute_to": "bodycorpinsurance.co.nz"
  }
}