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Policy Exchange has been operating in New Zealand for more than 20 years. We’re highly experienced: thousands of policyowners have used our service. Over that time we’ve seen shifts in the reasons policyowners want to access cash from their policy, and we now offer a range of options designed to meet those changing needs.

We also know how important it is for you to be able to transact with us safe in the knowledge your interests are protected at all times. For this reason, all transactions are conducted through Covenant Trustee Services, a trusted and respected independent custodial company.

By dealing through Covenant’s independent custodial facility, ownership of the policy is vested with Covenant rather than Policy Exchange, ensuring your interest in the policy is secured at all times.

Policy Exchange works with financial advisers throughout the country. We recommend you contact your adviser if you’re undecided which Policy Exchange option best suits your needs. Your adviser can help you through the process of obtaining an offer from us, and complete settlement should you decide to proceed.

You can also call us directly on toll free 0800 476 542 to discuss any queries you may have regarding the options.

Managing Director Greg Donnison - Surrender Value Life Insurance
Greg Donnison: Managing Director

Greg created the secondary insurance market in New Zealand by founding Policy Exchange in 1994, driven by a desire to provide an alternative for those wishing to cash out their life insurance policies. He’s been involved in various other areas of the financial services sector in New Zealand and the UK, including assisting in capital raising for privately owned operations, managing structured investment offerings, and regulatory compliance. He’s a member of the Australia & NZ Institute of Chartered Accountants. Greg volunteers with the local branch of Forest & Bird, and enjoys mountain biking in the sunny Hawkes Bay. An interest in thoroughbred horse racing sees him with shares in three horses currently.

Megan Sargent: Strategy and Customer Service

Megan co-founded ABE’S Bagels, one of NZ’s top 200 food businesses, and known for its charity efforts:the ABE’S ‘bagels in schools’program has provided 1000’s of free bagel breakfasts for under-privileged school children. Having handed over the reins at ABE’S Megan’s now bringing her Marketing and Business Development expertise to Policy Exchange. Keen to help foster the next generation Megan regularly presents to tertiary entrepreneurship students, while still keeping her hand in – in 2015 she placed second in the elevator pitch competition at the Massachusetts Institute of Technology annual Global Start-up Workshop. Having recently acquired a stand-up paddle-board she has a new-found interest in tide charts and weather forecasts.

Policy Exchange Director Megan Sargent - Cash In Life Insurance