nib NZ completes company amalgamation

nib NZ said it has successfully completed the amalgamation of its two operating entities, nib nz limited and nib nz insurance limited, into a single company, now operating as nib nz limited.

The amalgamation streamlines nib’s business structure, enhances operational efficiencies, delivering a simpler experience for members.

nib NZ Chief Executive Officer Rob Hennin said the change represents nib’s drive to improve members’ experience.

“By bringing our health, life and living insurance businesses together, we’re making it easier for members to engage with us and access the support they need,” Mr Hennin said. “Importantly, this change does not affect members’ existing insurance cover, benefits or terms and conditions. For most, the only visible difference will be the name of the insurer on policy documents, renewal certificates and bank statements.”

Members with policies previously held under nib nz insurance limited will now see nib nz limited as their insurer. There is no impact for members who already held policies with nib nz limited.