BizCover expands into New Zealand and launches BizCover.co.nz

Auckland, New Zealand – February 8, 2011. BizCover, the pioneer online insurance marketplace in Australia and leading provider of online professional indemnity insurance, has announced today the launch of its New Zealand business and online platform: www.BizCover.co.nz.

Following on from the already successful Australian online platform (over 10,000 policies sold in the past two years), BizCover.co.nz provides professional indemnity insurance for over 100 different professions from New Zealand’s leading insurers. BizCover provides a simple, secure and reliable online system that allows clients to save time and money, while providing choice of insurer.

“Eighty per cent of the New Zealand professional insurance market is concentrated amongst three insurers. BizCover’s goal is to provide clients with greater choice and convenience when obtaining their insurance policies. We are confident that BizCover’s business model of a contestable platform will challenge the status quo and provide significant benefits to clients. “says Michael Gottlieb, Managing Director of BizCover.

BizCover allows clients to compare and select the most appropriate cover in just minutes, and receive their policy documentation instantly after purchase, without hassles, forms to fill in, or delays.

“We understand clients need to spend more time on their businesses and risk management issues rather than sourcing their insurance. At BizCover, we can help them by simplifying the process of getting professional indemnity insurance. Our fast and cost effective platform makes the most of modern technology and allows our clients to quickly access information and insurance coverage specifically designed for their occupation or business”, says Darrin Barclay, BizCover’s New Zealand Manager.

BizCover.co.nz is the first online insurance aggregator in New Zealand with an offer that currently includes professional indemnity insurance and will soon be expanded to add in Public Liability, Statutory Liability, Employers Liability, Employment Dispute Liability and other associated insurance products.

To obtain a quote for professional indemnity insurance, and get instant coverage, please visit: www.bizcover.co.nz.

For further information, please contact:

Michael GottliebManaging Director BizCover

p: +61 2 9326 1171

e: michaelg@bizcover.co.nz

Darrin Barclay

Country Manager

m: +64 21 249 2683

e: darrinb@bizcover.co.nz

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