Headquarters | Christchurch, New Zealand |
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Parent organization | IAG New Zealand |
Website | www.ami.co.nz |
Formerly called | Allied Mutual Insurance |
AMI Insurance began in Christchurch, New Zealand, in 1926 as the South Island Motor Union (SIMU), and grew to be the second biggest residential insurer in New Zealand.[1] It was a mutual insurance company, meaning it was owned by its policy holders, until it was bought out by IAG New Zealand in 2011, following the 2011 Christchurch earthquake.