Bounce Earthquake Insurance | Simple | Affordable

We believe that everyone should have easy access to financial resources during tough times.

Bounce is a purpose-driven insurance business with the sole purpose of paying cash upfront to cover your additional expenses that result from a large earthquake. Plus, we're on a mission to give people, businesses, and communities the financial boost they need, when they need it.

The Bounce Ethos.

I started Bounce because I could see that the response of traditional insurance policies to large earthquake events was complex, stressful, and time consuming. It simply wasn’t supporting the immediate financial needs of New Zealand households, businesses, and communities.

When an earthquake strikes, Bounce provides our customers with an upfront cash payment so we all can focus on what matters most: rebuilding our lives, relationships, businesses and communities.

Paul Barton, Managing Director

Learning from past events to inform new solutions.

After the Kaikoura earthquake in 2016, and with the experience of the Canterbury Earthquake Sequence in 2010 and 2011 behind us, I started looking into other insurance structures that might be more responsive to the immediate financial needs of customers during a natural disaster crisis.

My observation was that EQ Cover and traditional indemnity insurance was great at helping with the repair and reinstatement of homes, but it was not so great at meeting the immediate cashflow needs of households during an earthquake crisis. The same could be said for small-and-medium sized business in New Zealand. The objective was to design a product that provided a rapid cash payment after a large quake.

At the same time we started to see the concept of parametric insurance emerging as a viable solution to support the financial resilience of individuals, households, and small-and-medium sized businesses when recovering from a natural disaster event.

It was at this stage that “Bounce Insurance” was born. When an earthquake strikes, we provide our customers with an upfront cash payment within days to fast-track their recovery.