With their character building and home for the last 26 years badly damaged after the earthquake of 4 September 2010, ASKO’s owner Graham Marshall was thankful he had taken out earthquake insurance on the recommendation of his Abbott broker Scott Sheridan two years earlier. Scott’s tireless work to get temporary beams erected just 48 hours after the quake, allowed ASKO staff to rescue their precious stock before the building’s demolition. His efforts ensured ASKO could reopen their business and continue trading as quickly as possible.
Max Bremner’s portfolio of freehold hospitality outlets was hit hard by the Christchurch earthquakes, with millions of dollars of damage and disruption. One of the worst hit properties was the busy Speights Ale House on Bealey Avenue, where the visitor accommodation was completely destroyed and will take over 18 months to rebuild. Fortunately Max had full confidence that he was comprehensively covered due to the advice of his insurance advisor Derrick Abbott, enabling him to focus on the important tasks of rebuilding, relocating and recovering his business.
Disaster struck when an unexpected tropical cyclone completely levelled Construction Holdings’ company Apollo Projects’ 8000 sqm storage facility at Marsden Point, Auckland part way through the build. Despite the insurance having been taken out through another broker, Construction Holdings asked Abbott Group broker Stuart Speirs to pursue the claim on their behalf. Stuart travelled to Auckland several times to meet with underwriters and his assistance with the claim was instrumental in reaching a successful settlement. Abbott Group have since become Construction Holdings’ insurer of choice.
When the news that the Innovative Travel offices had been damaged by Christchurch’s 7.1 earthquake reached Robyn Galloway on a trip to Greece in September 2010, Robyn knew she could rely on her Abbotts broker to handle everything for her. She was right – just four days later the cracked windows had been replaced by professionals with her insurer’s full approval and minimal disruption to her team. Robyn particularly values the knowledge that her broker will advocate for her and fight her case in the event of a claim – fortunately her business recovered quickly from the quakes and continues to thrive.