Introducing Bounce Insurance

Founded in 2020, Bounce Insurance Limited is a New Zealand-based startup and a coverholder for Lloyd’s of London led by Paul Barton. Its earthquake insurance provides a quick cash flow to cover immediate expenses following a strong earthquake; similar to how Jumpstart Insurance operates. Also, Bounce pays claims within days once the policy has been triggered by an earthquake.

Here’s how it works: You pay a “low annual or monthly cost in premiums.” If your insured location experiences earthquake shaking of a certain intensity (as set out in your policy), you simply reply to our text message to confirm that you’ve been affected.

Coverage is available for individuals and businesses where individuals can choose between a sum insured of $10k and $20k, while businesses are offered a slightly wider range of options – $10k, $20k, and $50k.