Our founders built a sound and impeccable business underwriting reputation. This has been further enhanced by the strong relationships we have developed with international 'A' rated re-insurers, coupled with our underlying security indemnities and focus on core business.
We offer a wide range of credit insurance, reinsurance and financial surety related products through an international distribution network that we have developed over a number of years. With clients in New Zealand and around the world, we take pride in our ability to tailor products to individual clients, taking into account the regulatory environments in which they operate.
Our years of experience have given us the ability to apply tried and tested financial risk assessment and analysis in an innovative manner and a belief in approaching problems with a 'can do' philosophy. As a result we have a wide portfolio of clients with only one thing in common – they all need to obtain the financial assurance we can offer.
The pioneering work of our founders has meant that our company has developed an excellent reputation, which has supported and underpinned the vision of people and local companies for over 35 years.
In 1996, the company was purchased by our present owners and was given added focus and impetus allowing us to introduce new products into the market and launch an international platform for writing business.
CBL Insurance has a financial rating of B+ (Good) and an outlook of 'Positive' from AM Best with an issuer credit rating of bbb-.
A.M. Best Company rating scale:
|E||Under regulatory supervision|
CBL is a member of the government establishment Financial Dispute Resolution scheme for settling disputes between consumers and businesses providing financial services. Their web address is www.fdr.org.nz