Licensing information
National Credit Insurance Brokers (NZ) Ltd (NCI) holds a license (FSP6361) issued by the Financial Markets Authority to provide financial advice.
National Credit Insurance Brokers (NZ) Ltd (NCI) holds a license (FSP6361) issued by the Financial Markets Authority to provide financial advice.
We provide advice to our clients on managing and protecting trade credit risks, this includes trade credit insurance. We assist our clients with tailored solutions in trade credit information, credit risk management and protection whether trading domestically or overseas.
We are not restricted to using any particular insurer.
We do not provide financial advice on insurance products other than trade credit insurance or any other financial advice. We are ultimately a majority owned Subsidiary of Steadfast Group Ltd and can refer you when you require advice on other insurance.
We do not charge fees to you for our advice. We will receive a commission from the insurance provider when you take out a policy and when you renew your policy each year. We will provide details of these commissions (including any broker servicing fee) when we make recommendations to you.
To ensure that our financial advisers prioritise our clients’ interests above their own, we follow an advice process that ensures our recommendations are made on the basis of each client’s goals and circumstances. All our financial advisers undergo annual training about how to manage conflicts of interest. We monitor and review the advice provided by our financial advisers.
If you are not satisfied with our financial advice service, you can make a complaint to us. A copy of our internal complaints process including contact information, can be downloaded by clicking the link below.
If you feel your complaint is unable to be resolved through our complaints process, Financial Services Complaints Limited provides a free, independent dispute resolution service that may help investigate or resolve your complaint, provided it meets their eligibility criteria.
You can contact Financial Services Complaints Limited:
NCI and our financial advisers have duties under the Financial Markets Conduct Act 2013 relating to the way that we give advice.
We are required to:
Trade credit insurance is the ultimate protection against bad debts, where you have your debtors insured against the risk of insolvency, protracted default or political events.
Extends from full credit approval to monitoring, reporting services and tailored outsourced credit management. CRM is there to assist you in...
Good credit management should ensure that customers pay on time, we understand that this is not always the case and not everyone has a trained and dedicated credit manager.
Over the years we realised that while our core product was insurance broking, our business was actually about protecting the profitability of our clients.