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Insurance and General Insurance Company (I&G) was formed in 1974. It is wholly owned by CEAS and its directors are appointed by the CEAS Board. Current Board members are:

Jim Dobbie        Current Chairperson                    

Ian Johnson      Director                           

Gary Smith        Director            

Peter Fitchett    Adviser                                       


I&G was formed to share the insurance risk with other insurance partners, to provide greater control over the way in which member claims are managed and resolved.

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In accordance with the Insurance (Prudential Supervision) Act 2010, Indemnity & General Insurance Company Limited is not required to have a financial strength rating as it has elected to be exempted as a small insurer .


The Reserve Bank of New Zealand requires all licensed insurance companies in New Zealand to meet the Solvency Standard as specified by the Bank. The Solvency Standard sets out the minimum amount of capital an insurance company is required to hold to meet its long-term liabilities, including policyholder claims, under adverse conditions.


The Indemnity & General Insurance Company Limited is a licensed insurer under the Insurance (Prudential Supervision) Act 2010. As of 8 August 2023 the solvency margin was:

  2022 2023
Actual Solvency Capital  $15,666,000  $16,322,000
Minimum Solvency Capital $  5,390,000  $  5,795,000
Solvency Margin $10,275,000 $10,527,000
Solvency Ratio 2.91  2.82