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New Zealand insurance.

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Latest Articles

Feature

Market update shows premium increases slowing

Gallagher New Zealand’s latest market update signals a trend toward a softer commercial insurance market, following an extended period of premium growth. The report, released in November, indicated that premium hikes are tape...
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Feature

73% of small businesses concerned about cyber s...

Recent research from insurer AMI shows that 73% of small business owners are concerned about cyber security, and one in four say they’ve been affected within the last two years. Despite that concern, more than half of busines...
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Feature

IBANZ: Calendar of events

All webinars: 10.30 - 11.30am unless otherwise stated. FEBRUARY 2025 February 4 th Topic:   Legislation Breaches Presenter:  Stephanie Newton  |  FSCL   February 11 th ...
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Feature

AI’s growing role in insurance spurs regulato...

The swift development of AI has resulted in the increasing integration of AI technology in insurance claims management and insurance underwriting. In certain cases, AI has been used by insurers to streamline administrative work to...
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FSCL Case Study

Process concerns over Cyclone Gabrielle claim

Patricia’s* small business was affected by Cyclone Gabrielle in February 2023. The premises flooded and the business was closed for several weeks. Patricia submitted a claim to her insurer to cover material damage and business...
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FSCL Case Study

Business affected by a cyclone

Olivia* is the owner of a small home renovation business supplying both material and labour to homeowners (the business), in the Hawkes Bay area.  In February 2023 the area was severely impacted by Cyclone Gabrielle, causing...
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Feature

Recognising massive contributions to the industry

Six insurance industry identities, who have contributed greatly to IBANZ and ...

The people are Angus McCullough, Bruce Oughton, Jo Mason, Paul Munton and Roger Abel . An Honorary Life Membership has also been bestowed posthumously upon Max Marsh who sadly passed away in July this year. Honorary Life...
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A Year in Review

That was 2024. What’s in store for 2025?

For this year-end issue of CoverNote we talk to four industry leaders about t...

Kris Faafoi is CEO of the Insurance Council of New Zealand. Grant Milne is MD of the ICIB BROKERWEB Group. Andy Croy in GM Distribution for NZ at QBE. Neil Cousins is CEO of Steadfast and the current president of IBANZ, the...
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IBANZ Forum

Small claims

QUESTION: My client has a dispute with a customer so raised a small claims tribunal action within the $30,000 limit. The customer has counter-claimed for $50,000 which, being outside small claims, I presume now becomes a civil...
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Feature

Gallagher Insurance signs on as major sponsor f...

Gallagher Insurance has been named as one of the major sponsors for the upcoming New Zealand Open after serving as a supporting sponsor earlier this year. Gallagher said that after witnessing the positive impact of the tournament...
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