Caveo is a Wellington-based insurance brokerage focused on business insurance, powered by Velocity Financial — a team of mortgage, insurance and KiwiSaver specialists. Caveo provides guidance to business owners on the right cover for their situation, aiming to take the stress and uncertainty out of the insurance process, and also offers a domestic/personal insurance arm alongside its commercial services.
Core business insurance offerings include Material Damage cover for commercial buildings, business contents and expendable stock; Business Interruption cover to help a business keep trading and cover increased operating expenses and lost profits after damage closes its doors; Business Liability cover addressing third-party damage, employee injury and unintentional breaches of NZ legislation; Commercial Vehicle cover for anything from individual consultants' vehicles to large company fleets; and Professional Indemnity cover for advice or design work that leads to an error-or-omission claim. Caveo also highlights parametric earthquake insurance, which provides a fast cash pay-out triggered by seismic shaking of around 30cm/sec (approximately M6.0), usable for any business recovery purpose.
Caveo is a Member Broker of Insurance Advisernet New Zealand Ltd (IANZ), a network founded in 1996 operating across New Zealand and Australia, which lets Caveo maintain a local presence while drawing on a national group's products and services. The brokerage works with a range of insurance providers including Zurich, Dual, Ando, Delta, NZI, QBE, Star, Chubb and Vero. Caveo's financial advice is delivered under FSP637909, authorised through IANZ's financial advice provider licence (FSP26221) from the Financial Markets Authority.
Caveo is a Wellington-based insurance brokerage that focuses on helping business owners find the right cover for their specific situation, powered by Velocity Financial, a team of mortgage, insurance and KiwiSaver specialists. The brokerage frames its role as taking the stress and uncertainty out of the insurance process, treating a business's insurance needs as unique to how that business actually runs.
Caveo's business insurance offering spans several key areas. Material Damage cover protects a commercial building, business contents and expendable stock against physical loss and damage. Business Interruption cover is designed to support a business during and after damage has closed its doors, covering increased operating expenses and lost profits in that period. Business Liability cover addresses the many facets of liability exposure, from third-party damage a business has caused, to employee injury, to unintentional breaches of New Zealand parliamentary acts. Commercial Vehicle cover extends from individual consultants' vehicles right through to large company fleets, and Professional Indemnity cover responds if advice or design solutions provided to clients lead to an error or omission claim.
Caveo also draws attention to New Zealand's seismic risk, citing a GNS estimate that puts the probability of a magnitude 7.0+ shake in the Central Region at 30% within the next 10 years. To help businesses prepare, Caveo offers parametric insurance, which provides a fast cash pay-out triggered by seismic shaking of around 30cm per second (roughly equivalent to M6.0). Because the funds aren't tied to a specific claims assessment process, they can be used for any purpose to support business recovery — protecting cashflow, buildings, and the people running the business.
Caveo is a Member Broker of Insurance Advisernet New Zealand Ltd (IANZ), a network founded in 1996 that operates across both New Zealand and Australia. This structure allows Caveo to maintain its local, Wellington-based presence while still drawing on the products, services and scale of a national group. In practice, this means Caveo can place cover with a wide range of insurance providers, including Zurich, Dual, Ando, Delta, NZI, QBE, Star, Chubb and Vero.
Caveo's team includes Taz Walker as Broker Support Manager, Alice Kauri as General Insurance Adviser, Joshua Rhind as General Manager & Adviser, and directors Brendon Ojala and Graham Goodisson. Each team member has their own direct mobile and email contact, making it straightforward for clients to reach the right person for their query.
As a financial advice provider operating under FSP637909, authorised through IANZ's FSP26221 licence from the Financial Markets Authority, Caveo is bound by duties under the Financial Markets Conduct Act, including giving priority to a client's interests, disclosing any fees in advance, and meeting professional competence and ethical conduct standards. Caveo may charge a fee for financial advice and for arranging, altering or cancelling an insurance programme, and will disclose any such fee at the time advice is given.
Caveo positions claims handling as one of its core services: if a client needs to make a claim, they can call the office directly, and Caveo will act on the client's behalf with the insurer to help ensure the claim is settled promptly and fairly.
Caveo offers a free, no-obligation consultation for businesses wanting to establish a plan for their insurance needs, with a response promised within 2 working days of enquiry. The brokerage is based at 38 Vivian Street, Te Aro, Wellington, and also offers a separate domestic/personal insurance service for those looking for home, contents, landlord, motor vehicle or boat cover.