# Zurich body corporate insurance — NZ panel profile

> Swiss-headquartered global insurance group; NZ commercial-property writer including selective body-corp participation.

- **Legal entity:** Zurich Australian Insurance Limited (NZ Branch)
- **Parent / group:** Zurich Insurance Group Ltd (SIX:ZURN)
- **NZ regulator:** Reserve Bank of New Zealand (licensed under the Insurance (Prudential Supervision) Act 2010)
- **Industry body:** Insurance Council of New Zealand (ICNZ)
- **FCIB binder:** Active body-corp agency
- **Profile URL:** https://bodycorpinsurance.co.nz/insurers/zurich-body-corporate/
- **Last reviewed:** 2026-06-03

## About

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.

In 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.

For 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.

## Publicly-known body-corp 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

Appetite descriptions are based on publicly-stated focus areas; final acceptance is always at the underwriter's discretion.

## What this means via FCIB

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.

## Policy wording status

- **Status:** Ingestion pending
- Zurich NZ Body Corporate / Strata wording PDF not yet ingested.

## 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

## References

- [Zurich New Zealand](https://www.zurich.co.nz)
- [Zurich Insurance Group](https://www.zurich.com)

## Operator

Site operator: **First Commercial Insurance Brokers Ltd (FSP748591)**, a Member Broker of Insurance Advisernet New Zealand Ltd. FCIB holds an active Zurich agency and quotes Zurich on every body-corp submission where the risk fits the carrier's appetite. FCIB is paid by commission from the placing insurer — see the [FCIB Disclosure Statement](https://fcib.co.nz/first-commercial-disclosure-nz/) for full details.

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