Private insurers to take lead on Kaikoura quake claims

Private insurers to take lead on Kaikoura quake claims
Paul McBeth
By Paul McBeth Dec. 13 (BusinessDesk) - Insurers and the Earthquake Commission have cut a deal where the private companies will take the lead in dealing with claims from the Kaikoura earthquake, acting as agents for the state-owned disaster insurer in an effort to make the process simpler and easier to manage. EQC has signed a memorandum of understanding with AA Insurance, Farmers Mutual Group, IAG New Zealand, Medical Insurance Society, QBE Insurance, Tower New Zealand, Vero Insurance New Zealand, and Youi NZ, where the private insurers,...