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AA Insurance

From Wikipedia, the free encyclopedia

AA Insurance
TypeLimited Liability Company
IndustryInsurance
Founded1994; 32 years ago
Headquarters,
New Zealand
ProductsCar, Home, Contents Insurance
Number of employees
1000+
Websiteaainsurance.co.nz

AA Insurance is an independently operated, New Zealand-based joint venture between the New Zealand Automobile Association (NZAA) and Suncorp Group. The company offers home, contents, car insurance, and small business insurance.

History

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Launched in 1994, the company underwrites its own policies and sells direct to New Zealanders.[1]

In 2021, AA Insurance was named New Zealand Insurance Industry Award Direct General Insurance Company of the Year for the seventh time.[2]

In 2024 AA Insurance was ordered to pay a $6 million penalty for misleading practices and overcharging customers. The company improperly overcharged customers around $11 million. AA Insurance acknowledged its mistakes and issued a public apology.[3]

In late December 2025, AA Insurance temporarily halted the issuing of new home, landlord and business insurance policies in the town of Westport due to the coastal town's high flood risk.[4] In early February 2026, the company stopped issuing new home insurance policies in Woodend due to the town's earthquake risk.[5]

References

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  1. ↑ "Our company and our people | AA Insurance". www.aainsurance.co.nz. Retrieved 19 September 2017.
  2. ↑ Stepanova, Ksenia. "ANZIIF reveals 2021 New Zealand Insurance Awards winners". www.insurancebusinessmag.com. Retrieved 3 October 2022.
  3. ↑ Libatique, Roxanne. "Insurer hit with hefty penalty for misleading discounts and overcharges". Insurance Business Magazine. Retrieved 26 November 2025.
  4. ↑ Newton, Kate (29 January 2026). "Insurer temporarily halts new policies in Westport due to flood risk". Archived from the original on 2 February 2026. Retrieved 3 February 2026.
  5. ↑ Newton, Kate (3 February 2026). "Second town red-listed by AA Insurance for new home insurance policies". RNZ. Archived from the original on 3 February 2026. Retrieved 3 February 2026.
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