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Feature

Contracts of Insurance Bill receives royal assent

Dentons recently provided this update on the Contracts of Insurance Act 2024

On 15 November 2024, the Contracts of Insurance Bill received royal assent. The new legislation modernises and consolidates existing insurance laws. It is intended to promote the confident and informed participation of insurers, ...
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Advertorial

Future Fusion: Merging tech and tradition for b...

Grand Hyatt Tokyo, Japan, August 2024

The 2024 PSC Connect Conference held at the Grand Hyatt Tokyo in Japan brought together our brokers and employees from Australia and New Zealand, as well as key suppliers, insurers and agency partners for a dynamic and inspiring three-...
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Humans of NZI

From referee to Relationship Manager - Tim Litt...

It’s not often that you stumble across someone with a passion for both mixed martial arts (MMA) and insurance, but that's precisely what you get with Tim Littler, NZI's Principal, National Broker Partner.   ...
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IBANZ Forum

Do brokers have an obligation to notify banks f...

QUESTION: Whose responsibility is it now to notify banks if there is a mortgage or finance on a policy that is cancelled due to non-payment?   Crossley Gates, Keegan Alexander Decades ago there used to be an...
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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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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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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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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...
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Feature

New Zealand ranked ninth most impacted by natur...

A recent report by Intersec has found that New Zealand ranked ninth on the list of countries most impacted by natural disasters between 2000 and 2024. Utilising data from EM-DAT and population figures from publicly available...
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Feature

Insurance bodies send message during CHOGM

The peak bodies representing personal and business insurers in the United Kingdom, Canada, Australia and New Zealand called on Commonwealth leaders at the recent Commonwealth Heads of Government Meeting (CHOGM) in Samoa to discuss...
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