Our new health and travel agreement with The Warehouse Group

06 November 2015

Our new health and travel agreement with The Warehouse Group

We're joining forces with one of New Zealand's largest retailers, The Warehouse Group to offer private health and travel insurance products. Through the relationship The Warehouse Group will sell nib health and travel insurance under the Warehouse Money brand.

nib New Zealand Chief Executive Officer, Mr. Rob Hennin said the strategic relationship with The Warehouse Group presents a fantastic opportunity to further grow nib's New Zealand operations.

"Since entering the New Zealand market in late 2012 with the acquisition of TOWER New Zealand's medical insurance business we have been exploring a number of growth opportunities, including whitelabelling distribution agreements with iconic Kiwi brands," Mr. Hennin said.

"The Warehouse Group selected nib due to our industry-leading product range, focus on innovation and first class customer service. Plus we bring to the relationship considerable knowledge and experience in whitelabelling following our successful partnership with Apia in Australia," he added.

Mr. Hennin said nib's recent acquisition of World Nomads Group also meant travel insurance could be bundled into the product mix as well.

Under the strategic relationship nib will manage all customer service and administration requirements for The Warehouse Group including sales, policy administration and claims management for health and travel insurance products, for an initial term of five years.


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