"I am fortunate to be in two exceptional world class teams that have phenomenal environments and people, which make it very appealing to continue playing in New Zealand.
Kerr-Barlow has also signed on with the Waikato Rugby Union for a further two years.
"I am proud to be from Hamilton and I love the Chiefs and Waikato, so am rapt to have recommitted till 2017," said Kerr-Barlow.
Kerr-Barlow has 56 Chiefs matches to his name, after making his debut in 2011. He has played 15 Tests for the All Blacks after making his first appearance against Scotland on the Northern Hemisphere end of year tour in 2012 and has notched up 39 matches for Waikato since debuting in 2009.
Kerr-Barlow is expected to feature in the early rounds of this year's ITM Cup as he continues his encouraging return from injury. He is working towards a return to the All Blacks and has already played with the Maori All Blacks and his local club Hautapu.