After taking care of New Zealanders for over 25 years, Sovereign is dedicated to helping you take charge of your health. Sovereign is New Zealand's largest life insurer and one of the country's leading private health insurers, protecting more than 646,000 New Zealanders and their families. In the past financial year, we paid out more than $350 million to support New Zealanders through illness, allowing them to get access to the best treatment and ensuring their families can continue to pay the bills if the main income earner can’t work or unexpectedly dies.

And as a values-based company, they believe in putting people first. That means not only their customer, but also their staff and the wider community. They are excited about their future and having their customers and community join them along the way.

Sovereign Assurance’s passion for service excellence, coupled with their financial strength, makes them one of New Zealand’s leading financial services providers. So, even when the times are tough, you can depend on Sovereign.

  • Their claims history has earned them an A+ (Superior) financial strength rating from A.M. Best – an approved insurance rating agency for over 100 years. The financial strength rating is an assessment of an insurer’s ability to meet obligations to policyholders.
  • Last year Sovereign paid out more life insurance claims than any other New Zealand insurance provider.
  • Sovereign test their liquidity every month to ensure that they have a strong capacity to meet their claim responsibilities.
  • Sovereign have their reinsurance arrangement with the strongest reinsurer in the world, Gen Re, which has the highest financial ratings possible – an A++ rating from A.M. Best and AAA from Standard & Poor’s.
  • They’re part of the ASB Group of Companies, which in turn is part of the Commonwealth Bank of Australia (CBA) Group, one of only 12 banks worldwide with an AA rating or better from Standard & Poor’s.