Initio Limited

Financial Services Provider

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Hamilton

FSPR Registered

FSP Number: FSP523166

NZBN: 9429031982245

Team Size: 5 advisers

Verify on FSPR

About Initio Limited

What is Initio Limited?

Initio Limited is a financial services provider, based in Hamilton, with 9 years on the FSPR register, and 5 appointed advisers on file.

How is Initio Limited regulated?

Initio Limited is registered on the Financial Service Providers Register (FSPR)as FSP523166, with first registration in 2016. Disputes are handled by Insurance & Financial Services Ombudsman Scheme Inc.. Verify on the FSPR register at fsp-register.companiesoffice.govt.nz.

What does Initio Limited offer?

Initio Limited's Public Disclosure Statement lists the following scope of advice: Homeowner's house and contents insurance, Landlord and holiday home insurance, Multi-unit rental property insurance, Motor vehicle insurance. Refer to the original PDS for the binding scope.

Public Disclosure Statement highlights

Full PDS section ↓

Extracted from Initio Limited's PDS dated 2026-05-24 · HTML source. View original.

Fee structure: fee and commission
Commission: Yes
Dispute scheme: IFSO
Panel: 1 providers
Services: 4 named
FAQs: 7 answered
Linked docs: 5

Scope of advice

Homeowner's house and contents insurance
Landlord and holiday home insurance
Multi-unit rental property insurance
Motor vehicle insurance

Contact Information

Phone

Not available

Email

Not available

Website

Not available

Address

6 Garden Place,Hamilton Central,Hamilton,3204,New Zealand

About Initio Limited

Company profile coming soon

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Public Disclosure Statement

1 provider on panel

Initio Limited files a Public Disclosure Statement under FMC Act 2013 s431 · last ingested 2026-05-24 · source format HTML.

→ View Initio Limited's original disclosure page · FA-NZ mirror (Markdown) · facts.json

Fee structure: fee and commission
Receives commission: Yes — disclosed in PDS
Dispute resolution scheme: IFSO
Scope of advice (verbatim from PDS): Homeowner's house and contents insurance
Landlord and holiday home insurance
Multi-unit rental property insurance
Motor vehicle insurance
Specialties: General Insurance

Hover any specialty to see its source. Self-attest takes priority; PDS-derived next; AI-classified last. For binding regulatory statements refer to the FAP's own current Public Disclosure Statement.

Distribution panel

Product providers Initio Limited is appointed to distribute, grouped by product category. Counts show how many other NZ FAPs FA-NZ has on file as distributing the same provider.

General Insurance · 1

IAG New Zealand Limited +1

Verbatim quotes from Initio Limited's PDS (7 fields cited)

Fees

“For new house, contents, and car insurance policies, and for the subsequent renewal of those policies, Initio charges a transaction fee of between **$3 and $50 + GST per policy**. This fee is shown on your quote and invoice and is payable by you when the transaction is processed on the Initio platform.”

Commission

“Initio receives commission from the insurer (IAG New Zealand Limited) on insurance policies. The commission is included in the premium you pay and is not an additional charge to you. | **Product Type** | **Commission Rate** | |---|---| | House and contents insurance | 22.5% of insurer premium portion | | Motor vehicle insurance | 10.0% of insurer premium portion |”

Product panel

“We provide financial advice on the following general insurance products issued by Initio (underwritten by IAG New Zealand Limited): - Homeowner's house and contents insurance - Landlord and holiday home insurance - Multi-unit rental property insurance - Motor vehicle insurance”

Conflicts of interest

“**Limited product range:** We only provide advice on Initio's own products (underwritten by IAG). We do not compare Initio's products with those of other insurers. This means our advice may not cover all insurance options available to you in the market. - **Commission income:** Initio receives commission from IAG on policies sold through us.”

Scope of advice

“The scope of our advice is limited to Initio's own insurance products. We do not provide financial advice on products offered by other insurers and we are unable to offer comparisons with alternative providers' products.”

Dispute resolution

“Initio is a member of the Insurance & Financial Services Ombudsman Scheme (IFSO Scheme).”

Material relationships

“All Initio policies are underwritten by IAG New Zealand Limited (IAG). IAG has received an AA from Standard & Poor's (Australia) Pty Ltd, an approved rating agency. A rating of AA means IAG has a 'very strong' claims-paying ability.”

Verbatim spans extracted from the source PDS dated 2026-05-24. Each quote was substring-verified against the original document; spans that failed verification were dropped. View source.

Services this firm offers

Named service offerings extracted from Initio Limited's PDS. Names are verbatim from the source document; descriptions and fee notes are AI-summarised — refer to the original PDS for binding wording.

Homeowner's house and contents insurance
Advisory

Financial advice on house and contents insurance products issued by Initio and underwritten by IAG New Zealand Limited.

Fees: Transaction fee of $3–$50 + GST per policy; 22.5% commission on insurer premium paid by insurer.

For: retail
Landlord and holiday home insurance
Advisory

Financial advice on landlord and holiday home insurance products issued by Initio and underwritten by IAG New Zealand Limited.

Fees: Transaction fee of $3–$50 + GST per policy; commission rate not separately specified for this product.

For: retail
Multi-unit rental property insurance
Advisory

Financial advice on multi-unit rental property insurance products issued by Initio and underwritten by IAG New Zealand Limited.

Fees: Transaction fee of $3–$50 + GST per policy; commission rate not separately specified for this product.

For: retail
Motor vehicle insurance
Advisory

Financial advice on motor vehicle insurance products issued by Initio and underwritten by IAG New Zealand Limited.

Fees: Transaction fee of $3–$50 + GST per policy; 10.0% commission on insurer premium paid by insurer.

For: retail

FAQs from this firm's PDS

Common consumer questions answered in Initio Limited's Public Disclosure Statement. Answers are verbatim spans from the source document, substring-verified at extract time.

What financial advice does Initio provide?

“We provide financial advice on the following general insurance products issued by Initio (underwritten by IAG New Zealand Limited): - Homeowner's house and contents insurance - Landlord and holiday home insurance - Multi-unit rental property insurance - Motor vehicle insurance”

Are there limitations on the advice Initio can give?

“The scope of our advice is limited to Initio's own insurance products. We do not provide financial advice on products offered by other insurers and we are unable to offer comparisons with alternative providers' products.”

Does Initio receive commission?

“Initio receives commission from the insurer (IAG New Zealand Limited) on insurance policies. The commission is included in the premium you pay and is not an additional charge to you.”

How are Initio's financial advisers remunerated?

“All Initio financial advisers are paid a salary and are not incentivised by the selling (or claims settlement outcome) of insurance products. Our financial advisers do not receive any commission or other incentives for giving financial advice or selling an insurance policy.”

Has Initio or its advisers been subject to any reliability events?

“Neither Initio, nor its financial advisors, has been subject to a reliability event.”

What external dispute resolution is available?

“If you are not satisfied with the resolution of your complaint under our internal complaints process, you can refer the matter to our external dispute resolution scheme. This is a free and independent service. Initio is a member of the Insurance & Financial Services Ombudsman Scheme (IFSO Scheme).”

How does Initio handle my personal information?

“We collect and use your personal information to provide you with financial advice and to arrange and administer your insurance policies. Your personal information is handled in accordance with the Privacy Act 2020 and our Privacy Policy, which is available on our website.”

Additional disclosure documents

Documents linked from Initio Limited's PDS. URLs verified to appear in the source document at extract time; links may rot — verify with the firm before relying on a specific version.

www.fspr.govt.nz · Parent Licence
www.initio.co.nz · Other disclosure
www.financialadvicecode.govt.nz · Scope of Service
www.ifso.nz · Complaints Process
https://initio.co.nz/privacy-policy/ · Privacy Policy

Notes: Facts and product panel are LLM-extracted from the source document (confidence tier B). Verbatim quote block above is Sonnet-extracted then substring-verified against the source markdown. For the authoritative wording, view the original disclosure above. FSPR register entry. FA-NZ is a directory mirror, not a regulator.