Providing financial support for households and businesses in challenging times
Bounce is a purpose-driven insurance provider dedicated to delivering financial support during earthquake crises. When a GeoNet sensor registers a ground shake of 20 cm per second or more, and you complete the required confirmation of loss or expenses, we strive to process your claim within 5 working days. Our mission is to empower individuals, households, businesses, and communities with timely financial assistance to aid their recovery and resilience
The Bounce Ethos.
Bounce was created to provide a simplified insurance response to major earthquakes by addressing the short-term financial needs of New Zealand households, businesses, and communities.
Following GeoNet notification and confirmation of loss, we provide claim payments within 5 working days for residential and small business customers, and 15 working days for commercial policyholders— helping you focus on rebuilding lives, businesses, and communities.
Paul Barton, Founder / Managing Director
Learning from past events to inform new solutions.
Following the Kaikoura earthquake in 2016 and insights from the Canterbury Earthquake Sequence in 2010 and 2011, I set out to explore insurance solutions that could better address customers' short-term financial needs during earthquake crises.
While traditional insurance does well at repairing and restoring homes and businesses, it often falls short in addressing the urgent cash flow needs that customer may have during this period. My vision was to create a insurance solution that would provide faster, more responsive claim payments after major earthquakes.
This vision gave rise to "Bounce Insurance." By utilising independent GeoNet data, we developed a policy capable of settling claims within 5 working days after loss confirmation. Streamlining the claims process allows us to act swiftly, ensuring our customers receive timely support as they recover from earthquake events.