About Us

NAC specialises in insuring modified and high performance cars and motorbikes, younger drivers and drivers with convictions. We also provide short-term vehicle insurance for tourists or customers who only need insurance for a limited time. So, if your vehicle and your insurance needs are a little different, you've come to the right place.

We've been protecting a wide range of vehicles, and their owners, for more than 18 years. Throughout that time, we've been a loyal supporter of the New Zealand motorsport community, sponsoring events and drivers across various classes of motorsport.

Our strength is your guarantee

NAC is a business division of IAG New Zealand Limited (IAG). IAG has received a financial strength rating of AA- from Standard & Poor’s (Australia) Pty Ltd, an approved rating agency.

A rating of AA- means IAG has a ‘very strong’ claims-paying ability, as you can see in the scale below.

The rating scale is:

AAA Extremely Strong
AA Very Strong
A Strong
BBB Good
BB Marginal
B Weak
CCC Very Weak
CC Extremely Weak
SD Selective Default
D Default
R Regulatory Supervision
NR Not Rated

The ratings from 'AA' to 'CCC' may be modified by the addition of a plus (+) or minus (-) sign to show relative standing within the major rating categories.

The rating scale above is in summary form. A full description of this rating scale can be obtained from www.standardandpoors.com.

Company Information

Solvency Margin

In its Annual Solvency Return filed with the Reserve Bank of New Zealand, IAG New Zealand Limited had a Solvency Margin as at 30 June 2020 as follows:


Actual Solvency Capital 698.1
Minimum Solvency Capital 349.9
Solvency Margin 348.2
Solvency Ratio 199.5%

Insurance Council of New Zealand

NAC is a member of the Insurance Council of New Zealand (ICNZ), an industry organisation which represents fire and general insurers in New Zealand.

As an ICNZ member, NAC abides by the ICNZ fair insurance code.

Additional information, including consumer advice about insurance, is available on the Insurance Council of New Zealand website.

Rainbow Tick

At NAC, we believe in having an inclusive and supportive environment where everyone is able to be true to themselves and know that they belong. We’re focused on making your world a safer place for our people, our customers and our communities. Our participation in the Rainbow Tick programme enables us to build a diverse community and an inclusive place to work where we celebrate what makes us unique.

Privacy Policy

The protection of your privacy is important to us, and we are committed to acting in accordance with the Privacy Act 1993. NAC is a business division of IAG New Zealand Limited (IAG),1 Fanshawe Street, Auckland 1010. NAC collects, holds and uses your personal information for insurance-related and marketing purposes. The intended recipient of your information is NAC. We may also give your information to and obtain it from others, including other business divisions of IAG (although we're not obliged to), our suppliers, your financiers, and the insurance industry, including the Insurance Claims Register Limited where records of claims are kept. Information from or about you may be stored physically or electronically, including in offshore facilities, by IAG, any other IAG company or any supplier (with whom we have a contractual arrangement). We will take reasonable and appropriate steps to protect this information from unauthorised access or disclosure. Failure by you to provide accurate and complete information may result in your application for insurance being declined, your claim being reduced or declined, or we may void your policy from the outset. If anything changes, you must also tell us. You may request access to, or correction of, the information we hold about you by writing to us or telephoning us on 0800 501 508 You agree that NAC is authorised to collect, hold, use and disclose your personal information in accordance with this privacy policy. Where you provide NAC with personal information about any other person for insurance-related purposes, you confirm that you have the authority of those persons to disclose such information and to authorise NAC to collect, hold, use and disclose the information for insurance-related and marketing purposes in accordance with this privacy policy. As part of our commitment to providing the best possible service to our customers, NAC may record telephone calls for quality assurance and training purposes. We encourage you to review this privacy policy on a regular basis as it may be updated in the future. If you have any concerns or queries in relation to our privacy policy please contact: The Privacy Officer IAG New Zealand Limited Private Bag 92130 Victoria Street West Auckland 1142.

QFE Disclosure Statement

It is important that you read this information: It is general information which will help you to compare financial advisers and choose the one that best suits your needs. Your insurance is underwritten by NAC Insurance, a business division of IAG New Zealand Limited ("IAG"). IAG is a Qualifying Financial Entity ("QFE") under the provisions of the Financial Advisers Act 2008. You can check this information on the Financial Service Providers Register at www.fspr.govt.nz. As a QFE, IAG is licensed to take responsibility for its advisers and to ensure that they exercise due care, diligence and skill when providing financial advice to you. Our QFE license means that IAG's QFE advisers do not have to be individually registered or authorised. IAG's QFE advisers can provide personalised advice about general insurance and warranty products.


Let us know your concerns. Visit our complaints procedure page


We are always on the lookout for great talent. To see current job openings and apply online, see https://careers.iag.co.nz/

Information for brokers

We provide products for your customers with that "hard to place" risk. Our online quote & bind facility qbix allows you to place business with ease. You can access it here.

If you haven't yet registered for qbix you can call the NAC Broker Team on 0800 502 508 or email sales@nac.co.nz and we'll arrange a login for you.

We have been looking after high performance vehicles for over 18 years.