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Insurance Advisernet and NZbrokers

Insurance Advisernet New Zealand Ltd (“IANZ”) has today announced its resignation as a corporate member of NZbrokers Management Limited (NZbrokers) Shaun Standfield Managing Director for Insurance Advisernet Australia a...

PIQ College

The real facts about competency

We have been approached by a number of members recently to clarify what will be acceptable to meet the forthcoming code of conduct for financial advisers. The difficulty is that the new code is yet to be published, although we unde...

FSCL Case Study

Marine mix-up

Bryan, an experienced mariner, noticed damage to his yacht when it was moored at a marina.   Fortunately, Bryan had insurance. There was some dispute with the insurer around the cause of the damage. However, in the end, the i...

FSCL Case Study

Extra excess

Chris owned a small furniture business. He purchased a range of business insurance policies through a broker. One of the policies Chris purchased gave him cover for natural disasters. But when the broker sent Chris the insurance...

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Wear and tear

Question... My client has a motor vehicle accident whilst towing a trailer where he lost control and spun off the road. The insurer accepted the claim but disputes some of the damage advising it is general wear and tear (this...

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Run-off cover

Question... I am having discussions with an insurer at the moment regarding run-off cover for public liability (PL) insurance. Not for the first time, I have been advised that run-off cover is not required for PL insurance as it...

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