Zurich New Zealand announces new Family Care Policy

Tuesday, 24 November 2020: Zurich New Zealand has announced a new Family Care Policy that recognises all family circumstances and supports a fair, diverse and inclusive workplace, further supporting its accolade as one of New Zealand’s Top Insurance Workplaces as recognised in the Insurance Business NZ Awards in 2020 and 2019.

Acknowledging that every family is different, the new approach to Family Care will support every employee regardless of gender, gender identity or sexual orientation and enable everyone to take paid leave as they welcome new family members or manage various circumstances related to family care.

Effective 21 December 2020, the Family Care Policy will replace Zurich’s existing Parental Leave Policy. It has the following key inclusions:

  • The new policy is inclusive of birth, adoption, surrogacy, IVF, miscarriage and stillbirth.
  • Primary Parents – 16 weeks paid leave with the ability to request up to 2 years of leave.
  • Co-Parents – 6 weeks paid leave plus additional unpaid leave.
  • Paid leave is in addition to any Government-provided parental leave benefits.
  • Removal of all tenure requirements, including probation.
  • Annual and sick leave will continue to accrue during unpaid leave for primary parents.

Tim Plant, CEO, General Insurance, said, “The Family Care Policy is the next step in Zurich’s journey towards achieving equality for our people, as part of our wider aim to create a brighter, more sustainable workplace that puts our people first”.

Sue Maher, Head of Human Resources, said, “Our new Family Care Policy reflects the many different voices of our diverse workforce, ensuring inclusivity and better supporting the range of family circumstances we see across Australia today”.

To ensure Zurich is as inclusive as possible and appropriately reflects the reality of families today, the new policy was developed in consultation with two key employee resource groups – the Women’s Innovation Network and PrideZ – representing diverse voices across Zurich’s workforce.

Zurich’s approach to Family Care across New Zealand supports Zurich Group’s global aspiration to create a fair, diverse and inclusive workplace with progressive and flexible support for all employees.

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Media Enquiries:


Adam Siddique

Head of Public & External Affairs

media@zurich.com.au

 

Zurich Insurance Group (Zurich) is a leading multi-line insurer serving people and businesses in more than 200 countries and territories. Founded 150 years ago, Zurich is transforming insurance. In addition to providing insurance protection, Zurich is increasingly offering prevention services such as those that promote wellbeing and enhance climate resilience.

Reflecting its purpose to ‘create a brighter future together’, Zurich aspires to be one of the most responsible and impactful businesses in the world. It is targeting net-zero emissions by 2050 and has the highest-possible ESG rating from MSCI. In 2020, Zurich launched the Zurich Forest project to support reforestation and biodiversity restoration in Brazil.

The Group has about 60,000 employees and is headquartered in Zurich, Switzerland. Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information is available at www.zurich.com.