An insurance company boss who lost his job after last year's Kaikoura earthquake was justifiably dismissed, the Employment Relations Authority has ruled.
Eugene Elisara, who was chief executive of the local arm of global insurance company Allianz, was dismissed this year.
Allianz suffered a $32 million loss from Wellington property affected by last November's 7.8-magnitude earthquake.
Elisara, according to a recent ERA decision, was dismissed from his position after a disciplinary process and Allianz concluding he failed to ensure an underwriting instruction was complied with.
A review of a company account which included 29 Wellington properties worth $564m "found there had been a substantial breakdown in underwriting controls by Allianz", the ERA said.