Financial Strength Rating 'AA-'

 

Protecta Insurance is a New Zealand owned and operated insurance underwriting agency with our head office in Auckland.  We administer every part of your policy, including claims, so you get the full benefit of a local company with local knowledge and specialist staff.  The policy itself is backed by a wholesale underwriter.

Protecta have chosen to use Allianz Australia Insurance Limited (Incorporated in Australia) trading as Allianz New Zealand as the underwriter of your insurance policy. Allianz Australia Insurance Limited operates throughout New Zealand as part of the Allianz Group, one of the world's most renowned insurers and financial service providers.  At the top of the international group is the holding company, Allianz SE, with it's head office in Munich.  In the fiscal year 2011, the Allianz Group achieved total revenues of over 103.6 billion Euros.

Standard & Poor's LogoAllianz Australia Insurance Limited has an AA- insurer financial strength rating given by Standard & Poor’s (Australia) Pty Limited. 

The rating scale is: 

AAA Extremely Strong
AA Very Strong
A Strong
BBB Good
BB Marginal
B Weak
CCC Very Weak
CC Extremely Weak
R Regulatory Action 

Plus (+) or minus (-): Ratings from “AA” to “CCC” may be modified by the addition of a plus (+) or minus (-) sign to show relative standings within the major rating categories. 

An overseas policyholder preference applies. Under Australian law, if Allianz Australia Insurance Limited is wound up, its assets in Australia must be applied to its Australian liabilities before they can be applied to overseas liabilities. To this extent, New Zealand policyholders may not be able to rely on Allianz Australia Insurance Limited’s Australian assets to satisfy New Zealand liabilities.

If you would like to know more about Protecta, please see "About Us" for more information.  Alternatively, please contact our friendly Customer Service Team during normal business hours and they will be happy to answer any queries you may have.

Phone:  0800 PROTECT (776 832)
Email:   customer.services@protecta.co.nz

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