Vero Insurance is officially a world-class company, after winning gold in the prestigious New Zealand Business Excellence Awards.
It's the third company to be awarded a gold in the 15 year history of the awards.
Chief executive Roger Bell says being awarded gold proves Vero is in a solid position despite the tough economic environment.
He says customers look for quality and security in times of financial crisis, and having world-class status will help Vero attract business.
The awards use a ranking system of gold, silver and bronze, which companies earn on merit.
They are evaluated on the US Baldridge system, an internationally-accepted framework, which sets high standards for leadership, a focus on the future, social responsibility, sustainability and customer driven excellence.
Vero entered the awards twice before, winning bronze in 1998 and silver in 2004.