Business Insurance

Risk Smart with Dependable Business Insurance

Let’s face it, business insurance is a complex issue. How often have you heard a story of how someone’s insurance cover didn’t perform as expected when it came to the crunch?

Business insurance cannot be sold as a commodity item, and you cannot afford to only have one Insurer’s opinion. It is your cash machine; your livelihood; your baby. It MUST be protected. Properly.

Baileys take the time to really understand your business and the risks you face.  From large multi-national companies to a local retailer, we have the expertise needed.  Following our appointment as your Broker, we will complete an in depth analysis of your insurance portfolio, and how this fits with your business activity.  We’ll make you aware of any gaps in cover, and these can be filled immediately, with your authority.  Based on our experience, there will be gaps!  Like the client we had with a building insured for $1.2m less than the actual replacement value.  Or the client who serviced large vessels, yet had a size limit of 8 metres under their liability policy.

Now we’ve got your cover right, at the following renewal we will, where needed, complete a full “re-market” of your insurance programme, through our trusted panel of Insurers.  This will ensure you have the most competitive premium and excess terms available.

So what we are saying is, let’s get the cover right first, so when your insurance is really needed  it will perform as expected –  without any nasty hidden surprises.

Regrettably in our industry, reducing premiums can often be the only consideration.  And it doesn’t work.

As a contractor or small business owner in New Zealand, you deserve top-tier business insurance coverage that protects your investments and assets. With Baileys Insurance, you'll find customised solutions that fit your unique needs, delivering unmatched peace of mind and robust protection against potential risks.

Running a business involves risks, such as unexpected accidents that damage property, or liability claims if someone is injured using your services or products. That’s why having comprehensive insurance is crucial. It protects against these specific risks and provides the peace of mind you need to focus on growing your business without constant worry.

We get that different businesses in New Zealand have their own unique needs. As a local insurance broker, we specialise in delivering tailored insurance solutions to various businesses, leveraging our deep understanding of their unique needs. Our seasoned team is committed to assisting you in securing optimal coverage at highly competitive rates.

Whether you are the CEO of a multinational company or running a small business, we have the perfect insurance package for you. Our business insurance experts will help you find the best coverage for your industry and business size. From liability insurance to commercial property insurance, we have you covered.


Get Small Business Insurance NZ

Managing a small business involves various risks. For example, a retail store owner might face issues like property damage or theft, while a tech consultancy could encounter client legal disputes. This is where our commercial insurance NZ solutions can help.

Baileys Insurance stands out by offering bespoke insurance solutions that address the varied vulnerabilities of small businesses. Our experts assess your business's risk profile and portfolio to ensure you get comprehensive coverage without unnecessary extras. This tailored approach means that whether you're serving coffee or coding websites, you're protected against the unforeseen.

Furthermore, we recognize that cost can be a significant factor for small business owners. By meticulously comparing options from multiple insurers, Baileys Insurance ensures you receive the most competitive rates, balancing cost with the level of protection. Our cost-effective coverage makes us a preferred partner for small business insurance in NZ, helping you safeguard your business's future.

Insurance Requirements for NZ Small Businesses

Let's take a look at the key insurance recommendations for small businesses in New Zealand:

No insurance in NZ is mandatory, it's all optional They are all recommended so the paragraphs below will all need to be amended

Employers’ Liability Insurance

Consider adopting Employers' Liability Insurance to create a safer work environment. This coverage is essential for businesses with employees, as it addresses claims for work-related injuries or illnesses. Having this insurance not only supports your employees in case of mishaps by covering medical expenses and potential legal fees, but it also protects the financial integrity of your business, serving as a critical safeguard in your risk management strategy.

Work Vehicle Insurance

It is advisable for any business that owns or operates vehicles to secure Work Vehicle Insurance. Commercial vehicle insurance is instrumental in covering damages or injuries caused by your business vehicles to others or their property. Getting this insurance helps ensure compliance with traffic laws and shields your business from significant financial liabilities that can arise from vehicular accidents.

Professional Indemnity Insurance

Businesses providing professional advice or services, such as consulting, architecture, or engineering, should strongly consider Professional Indemnity Insurance. This insurance is designed to protect against claims of professional negligence or incorrect advice that leads to a client’s financial loss. This coverage is an essential component of a comprehensive risk management strategy, helping to handle potential legal costs and damages efficiently.

Public Liability Insurance

Public Liability Insurance is highly recommended for any business interacting with the public. Whether you operate a retail store, restaurant, or event space, this insurance covers legal fees and compensation costs arising from third-party injuries or property damage claims. Implementing this coverage can be crucial in safeguarding your business against the financial challenges posed by lawsuits, thereby ensuring operational stability.

Property Insurance

Given New Zealand's susceptibility to natural disasters like earthquakes and floods, Property Insurance is particularly important. This insurance protects against damage to your business premises and its contents, including fixtures, furniture, and inventory. By choosing to insure your property, you ensure rapid recovery and continuity by securing funds needed for repairs or replacements after an incident.

Business Interruption Insurance

Business Interruption Insurance is vital for maintaining your business's cash flow in the event of disruptions caused by insured disasters such as fires or natural catastrophes. This insurance compensates for the loss of income during periods when your business cannot operate as usual, helping to cover ongoing expenses like rent and salaries. This coverage is a key element in ensuring that temporary closures do not have long-term financial impacts on your business.

Cyber Insurance

With the increasing reliance on digital technology, Cyber Insurance has become indispensable for businesses of all sizes. This insurance helps cover the costs associated with data breaches, including customer notifications, legal fees, and more. In today’s digital age, safeguarding your business from cyber threats is essential, and Cyber Insurance provides a critical layer of security against potentially crippling cyber incidents.

Product Liability Insurance

For businesses that manufacture, distribute, wholesale, or retail physical products, securing Product Liability Insurance is crucial. This coverage addresses the cost of legal actions and compensation claims if your products cause injury or damage. By having this insurance, you protect your business from significant financial losses that can arise from such claims, reinforcing your business’s defense against unforeseen liabilities.

Why Choose Us For Business Insurance?

Choosing Baileys Insurance means partnering with a team that prioritises your business’s security and longevity over simple cost-cutting. Let us provide you with the peace of mind that comes from knowing your business is properly protected, allowing you to focus on growth and success.

Personalized Risk Assessment

We take the time to understand every facet of your business, regardless of its size—from large multinational companies to local retailers. Following our appointment as your broker, we conduct an in-depth analysis of your insurance portfolio relative to your business activities. This meticulous approach ensures that we fully grasp the risks you face and can act effectively on your behalf.

Identifying and Addressing Coverage Gaps

Our expertise allows us to identify any gaps in your current insurance coverage quickly. For instance, we’ve encountered situations like a client who had their building underinsured by $1.2 million below its actual replacement value, or another who serviced large vessels but was limited to an 8-metre size under their liability policy. With your authority, we can fill these gaps immediately, ensuring you are comprehensively protected without delay.

Competitive Terms Through Re-marketing

At your policy’s renewal, we undertake a full "re-market" of your insurance program if necessary. This involves shopping your policy through our trusted panel of insurers to secure the most competitive premium and excess terms available. Our proactive approach ensures that your coverage is comprehensive and cost-effective.

Focus on Quality and Performance of Coverage

While the insurance industry often focuses on reducing premiums, at Baileys Insurance, we prioritise getting your cover right. We ensure that your insurance will perform as expected when it’s really needed, without any unpleasant surprises. This philosophy sets us apart and ensures that you receive insurance coverage that truly works for you.

Contact Us Today

Contact Baileys Insurance for a tailored small business insurance policy in New Zealand. Our experts are ready to understand your business needs and guide you toward securing the right coverage. So, whether you are a start-up or an established business, let us help you protect your hard work and investments. Request a free quote today!






Please click ‘Read and Accepted’ button below to begin your quote.

Disclosure Statement - New Zealand Based Vessels

Please take the time to read this Disclosure Statement as it’s an important document. Once you have done that, please click on the “Read and Accepted” button to begin your quote.

Licence status and conditions

Baileys Insurance Ltd holds a financial advice provider licence, issued by the Financial Markets Authority (FMA) to provide financial advice.  
Our Financial Markets Authority Reference Number is: CAS-75396-Y7R8M1 / NTF220538567.

Nature and scope of financial advice service

This website is an on line facility to purchase pleasure craft insurance for your recreational vessel. This does not provide quotations or advice on any other insurance product. The insurance policy here is underwritten by the marine division of Vero Insurance NZ Ltd. This facility does not provide any comparisons or quotations on any pleasure craft policies from other Insurers. The policy available here has been arranged based on our extensive experience in the marine insurance market. Key features and benefits unique to Baileys Insurance are highlighted in the full quotation provided. Once the policy is purchased, we provide expert assistance with any claims you may need to make. This on line system is set up for boat owners to obtain boat insurance. All of the policy information is available before you make your decision to purchase. If you have any questions or would like to discuss any aspect of the policy or coverage please call us on 0800 89 85 85. The on line facility is only used for new business. Your policy will be reviewed each year and a renewal offer will be sent to you prior to the policy expiring. You are free to turn down this offer. The on line facility can be cancelled at any time without any notice being given.

Fees, expenses or other amounts payable

We charge a policy fee to help cover administration costs.  The fee for trailer craft is NIL.  The fee for moored vessels is:
Up to $100,000 sum insured: $50.
Over $100,000 sum insured:  $75.
Any fee charged will be clearly shown on your invoice and is part of the total amount due.

Premium funding

Premium funding products enable you to pay the insurance premium over the term of your policy by instalments rather than as one amount. Premium funders charge interest and they take a power of attorney over your insurance policy, which means they have the ability to cancel your insurance policy if you fail to pay an instalment.  We own Baileys Premium Funding Ltd, a premium funding company.  Under certain circumstances this company may allow you to fund your premium allowing you to spread the payments over the term of your policy.  Additional charges apply, which will be clearly advised to you if we agree to you using this facility.

Commissions and incentives

Our remuneration is paid by Vero Insurance Ltd, by way of commission. The commission rate is 20% of the Company Premium shown on your invoice. We are also a member of Steadfast NZ Limited (Steadfast). Steadfast supplies technology platforms, management, marketing, professional, technical, and buying benefits and services to support us in providing our financial advice. Steadfast has arrangements with insurance companies under which Steadfast receives a professional services fee of up to 1.5% of the premium paid for each policy arranged by us with those insurers. These payments are used to operate Steadfast. We will receive a proportion of the professional services fee paid to Steadfast, being 35% of that fee. This will be paid to us by Steadfast at the end of each financial year.

We receive no other incentives or inducements.


If you are unhappy with this financial advice service, please contact us immediately so we can put things right.

If you wish to make a complaint, you can contact us as follows: 

  • Call us on 0800 89 85 85 between the hours of 8.30 am – 5.00 pm week days 
  • Email us at:
  • Write to us at:  P O Box 101-101 North Shore, Auckland 0745, addressing your letter to the attention of Peter McEvoy

How your Complaint will be handled

We will attempt to resolve any issue of dissatisfaction with you immediately.  We will send you an acknowledgement of your complaint within five working days of your complaint being notified to us.  This letter or email will provide you with our timeline to respond to you and the name of the person who will be managing our response.  We will investigate the circumstances and contact you to try to resolve the complaint to your satisfaction.  It is important that you provide us with all relevant information.

We will provide you with a written update within 20 working days of receiving your complaint.  If we are unable to provide a full response to you at that point, our letter will explain why we are not yet in a position to do so, and tell you when we will next contact you.  40 working days (maximum) after the receipt of your complaint we will issue a final resolution.  If we need to continue our review past this point, we will explain to you the reason for the delay and the required timeframe to provide a full response. At this point, if you feel that the delay is unsatisfactory, you can redirect your complaint to our external dispute resolution service provider detailed below. 

If we are unable to resolve your complaint

We expect that our response to you will have addressed the concerns you have raised. If you feel that your concerns have not been appropriately considered, we invite you to submit any further information for consideration.  If we are unable to resolve your complaint despite our best efforts, you can contact our external dispute resolution scheme, who provides a free and independent dispute resolution service.  The contact details for our external dispute resolution service provider are: 

Financial Services Complaints Limited

Contact details

Baileys Insurance Limited (FSP721031) is the Financial Advice Provider.  We can be contacted as follows:
Postal: P O Box 101 101 North Shore, Auckland 0745
Telephone: 09 4448860 or freephone 0800898585

Please click ‘Read and Accepted’ button below to begin your quote.