Latest Articles

Feature

Cyber risk product aims to fill market gap

Delta Insurance has partnered with global security leader DynaRisk to deliver a cyber-protection and insurance product for businesses and their employees and customers across the Asia-Pacific region.  Delta Insurance Group man...

Feature

Wellington: What’s really happening here?

By Tim Grafton

To understand what is happening to insurance in Wellington, it’s worth reflecting that the November 2016 Kaikõura earthquake caused about $1.5 billion of insured losses in the city. That’s from an event with an epicen...

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Duty to disclose gets update

by Lloyd Kavanagh, Jeremy Muir, Kara Daly, Andrew Suggate, Maria Collett-Beva...

A little over 20 years ago, the Law Commission published a paper with a title that hinted only vaguely at its contents: “Some Insurance Law Problems”. It examined five unrelated aspects of insurance law that were genera...

Feature

Work accidents attract bigger consequences

Brokers told to check policies have high enough indemnity limits to cover ris...

The most significant recent development in statutory liability insurance has been the rising costs of reparation payments made to victims following health and safety prosecutions, says Adrian Tulloch, managing director of Vero Liability...

Feature

NZI marks 160 years

By Joanna Mathers

The founders of NZI (then New Zealand Insurance) were unlikely to have foreseen a future when insurance advice came via the mouth (or, rather, speakers) of robotic advisers. In fact, when the company was established in 1859, the word...

Feature

NZI motor manager living a passion

It would be fair to say that Oliver Jepson, NZI’s national motor manager - corporate and fleet, lives and breathes all things motor. “I've been obsessed with cars my whole life, so it’s awesome that the focus...

Feature

What if homes become uninsurable?

Rising sea levels may be the most predictable outcome of climate change, but ...

The efforts to combat climate change have begun in many corporate sectors around the world, and here in New Zealand that effort has been led by the insurance industry as it grapples with what to do when coastal properties...

Live News

Insurance laws under spotlight

A review of insurance contracts law wants to tackle issues of non-disclosure. Submissions are currently open on an options paper that sets out the Ministry of Business, Innovation and Employment’s plans to revamp the laws...

Live News

Dash cams offer clarity for claims

QBE Insurance and road safety organisation Brake are encouraging businesses and motorists to embrace New Zealand’s dash cam usage trend, citing the devices’ significant potential insurance, financial and safety benefits....

Live News

AMI may shut branches

AMI is reviewing aspects of its nationwide network of retail stores as customer preferences change. Alex Geale, executive manager of the AMI retail network, said it was the biggest of any insurer in New Zealand and that was not...

Live News

Code of conduct approved

A code of conduct for financial advice has been approved by the Commerce Minister and will come into effect in about nine months’ time. The code sits alongside the new advice legislation, which creates a level playing field...

Live News

Insurers praise climate move

Insurers are backing the Government’s Climate Change Response Amendment Bill. Governments will be required to reduce biological methane by at least 10% by 2030 and between 24% and 47% by 2050.  All other...

Live News

Insurers, brokers welcome levy review

The Government will review how Fire and Emergency New Zealand (FENZ) is funded, a move that is being welcomed by the industry. The FENZ levy has been controversial for many years.  In 2017, the fire service levy for...

Live News

EQC concerns voiced

People are saying they want to see more empathy, transparency, relevant expertise, quality assurance around assessments and repairs, and greater timeliness with claims, in feedback so far to the public inquiry into the Earthquake...

Live News

New Zealanders don't understand insurance: Canstar

Many New Zealanders are missing basic knowledge about their vehicle insurance policies, a new survey suggests. Canstar research showed New Zealanders spent an average of $801 a year on their policies but while 87% said they...

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