The NZ Herald recently reported that a port company owned by a New Zealand council is currently in litigation with Aon for NZ$184 million following coverage issues arising from the 2011 earthquakes.

It’s alleged that acts and omissions by the broker caused the company to recover less from insurers than it otherwise would have.

This reinforces the advantages of Council protecting assets through a provider who has intimate knowledge of local government. Luckily for our members they can have it all; high limits of cover at relatively modest contribution levels, provided by a mutual entrenched in their world.

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