AIA + Sovereign + You: Championing a healthier, better protected NZ

In early September the Commission for Financial Capability reported that New Zealanders only spend 2.5 per cent of GDP on insurance, compared to the OECD average of 8.4 per cent - and only 15 per cent of New Zealanders have income insurance ⁽¹⁾. 

AIA and Sovereign combined is the largest life insurer in New Zealand, and we are uniquely positioned, as a provider, to work with advisers to finally address the long-running national issue of under-insurance. One of the key goals of the acquisition of Sovereign Insurance was to help New Zealand become one of the healthiest and best-protected nations in the world. Reflecting that commitment, AIA and Sovereign have already begun rolling out initiatives to support the health and well being of New Zealanders, in line with the companies’ common health philosophies.

AIA and Sovereign’s New Zealand’s Healthiest Schools Challenge kicked off in term four, inspiring 55,000 children to think about health and wellness, while also having fun. By taking part in activities in the real world, kids traveled through a virtual global adventure, learning to make healthier choices as they went. Participating schools were able to win a share of $50,000 worth of AIA and Sovereign sports grants, as well as the chance to host visits from Healthiest Schools Challenge Ambassador and former All Black Cory Jane, and Ambassador and former Black Stick Gemma McCaw. See healthiestschools.co.nz for more information. 

Helping Kiwis live healthier, longer, better lives is why we will be introducing AIA Vitality in New Zealand in the near future. AIA Vitality is a world-leading, science-backed wellness programme that encourages people to look after their health and well being, while benefiting from lower premiums and other rewards. AIA Vitality is already in 10 markets (including Australia), has over 900,000 members around the world, and will be launched in New Zealand next year. AIA Vitality seeks to change the conversation around life insurance and New Zealanders' lifestyle choices, in general, from ‘what if something happens?’ to ‘how can I improve my health, wellness and well being?’