Whether you are running a household or a business, having sufficient cash in the bank is always a challenge when recovering from a crisis. Bounce, the first of its kind in New Zealand, provides simplified parametric earthquake insurance that pays cash upfront within days of an earthquake. The Bounce policy insurers customers against the occurrence of an earthquake by paying a set amount based on the quake intensity, rather than based on the cost of damage which is typically seen in traditional policies. Bounce is very focused on ensuring that this policy is both accessible and affordable.

Bounce relies on independent seismic data from GeoNet strong motion sensors to monitor earthquake activity around New Zealand, and to inform them when customers have been impacted by a large shake. This means in the event of a claim, there are no assessors, no photos, no engineers, no paperwork or claims conversations - just a text message to confirm impact and then funds are credited to the customers bank account.