MECON Insurance expands to NZ

MECON Insurance expands to NZ | Insurance Business Australia

MECON Insurance expands to NZ
Construction and contractors plant specialist MECON Insurance has announced its expansion to the New Zealand market to offer Kiwis a flexible range of construction-sector insurance products.

Glenn Ross, CEO of MECON and a Kiwi, has expressed delight in the opening of MECON’s first New Zealand office in Auckland, saying: “The plan was always to export our successful business model, now in its fourteenth year, back to my first home.

“With common risk profiles in construction globally, the business is relatively straightforward to implement in New Zealand. Having built the business to its current size in Australia, we now have the capability to work in the New Zealand market at all risk levels.”

MECON’s tie-up with AIG has enabled the underwriter to provide insurance for virtually any kind of construction risk.

Mike Raines, CEO of AIG New Zealand, commented: “AIG has great respect for MECON. We are very excited about the possibilities and look forward to building a successful partnership with Glenn and his team.”

Ross also commented on the partnership, saying: “The synergy with AIG in New Zealand and Australia has exceeded expectations. AIG’s support of MECON into the New Zealand market will achieve several long term goals for both companies.”  

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