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AA INSURANCE LIMITED

AA INSURANCE LIMITED (FSP7741) is a licenced Financial Institution

AA Insurance to pay $6.175 million penalty for misleading customers

AA Insurance New Zealand Limited (AAI) has been ordered to pay a penalty of $6.175 million for failing to apply multi-policy and membership discounts, as well as guaranteed no claims bonuses.

AA Insurance Limited (AAI)

AA Insurance New Zealand Limited (AAI) has been ordered to pay a penalty of $6.175 million for failing to apply multi-policy and membership discounts, as well as guaranteed no claims bonuses. View the case history on this page.

FMA files proceedings against AA Insurance for alleged fair dealing breaches

FMA has filed civil proceedings against AA Insurance Limited (AAI) for failing to apply multi policy and membership discounts, as well as guaranteed no claims bonuses to eligible customers’ premiums,

AA Insurance proceedings

Official Information Act 1982 Request (OIA) – FMA v AA Insurance Limited NZHC 2869 [2024] Statement of Claim and Settlement Agreement

AAI - Settlement agreement FMA and AAI executed

The FMA has been conducting an investigation into AAI’s discounting practices and no claims bonuses as set out in clause 1.3 (the Investigation).

FMA v AA Insurance Ltd

Judgement of AA Insurance to pay $6.175 million penalty for misleading customers