Business insurance · New Zealand · Head-to-head

AMI Business vs BuiltIn

Two New Zealand business insurance options, compared side by side for New Zealand trades.

Which should you choose?

BuiltIn edges ahead on our New Zealand tiering (Tier S vs A), but both are workable — the right pick depends on your trade, region, and the New Zealand-specific notes below.

AMI Business

Tier A · Workable

NZ IAG retail brand — Tradies Bundle accessible direct online

AMI is IAG's NZ retail brand — same parent as NZI but more consumer-facing. Tradies Bundle is direct-online quoting accessible for solo and small NZ trades. Lower pricing than NZI broker-distributed for simple cases.

Pros

+ Direct-online quoting accessible
+ IAG parent provides institutional stability
+ Accessible pricing for solo/small tradies
+ Clear product bundling

Cons

− Less coverage depth than broker-distributed Vero
− Best fit for simple cases
− Limited complex/specialty options

New Zealand note

Direct-online accessibility makes AMI a quick-quote option vs broker-distributed alternatives.

Typical New Zealand pricing: Online-quoted, varies by trade

Full review → Visit →

BuiltIn

Tier S · Recommended

NZ’s construction-insurance specialist broker — 20+ years

A specialist broker working exclusively with building and trade professionals, placing cover with multiple underwriters (Ando, IAG, Vero, QBE, Lloyds, DUAL, AIG). It offers the full trades stack: public liability, contract works, tools/equipment, commercial vehicles, professional indemnity (incl. LBP-specific), bonds and a Residential Completion Guarantee. The strongest trades-specific fit of the NZ insurers.

Pros

+ Pure trades/construction specialist — deepest fit for builders/electricians/plumbers
+ Broad cover incl. contract works + Residential Completion Guarantee (rare)
+ Instant online quote portal + advisers
+ Partners with NZ trades bodies (TANZ, NAWIC, etc.)

Cons

− Broker model = quote-based, no flat pricing
− Premiums depend on third-party underwriters
− Limited public scale beyond "20 years"
− Smaller brand awareness vs mass-market insurers

New Zealand note

NZ-only construction-risk broker for 20+ years; explicit ties to NZ trades bodies, LBP-aware professional indemnity, and instant online quote/bind.

Typical New Zealand pricing: Quote-based (instant online quotes via portal)

Full review → Visit →

More New Zealand options

See all New Zealand business insurance vendors and the rest of the New Zealand directory.

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