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International insurance broker Howden acquired Hamilton-based Bridges Insurance Services to accelerate its launch into the New Zealand market. The UK-based group's acquisition follows recent deals for Wallace McLean and Apex Gr...
Humans of NZI
L isa's entry into the insurance industry came somewhat unexpectedly. “Straight out of high school, I took a job working with State Insurance, primarily as an opportunity to save some money to attend Auckland&rs...
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Data from the Treasury revealed that a quarter of homes in high-risk flood zones are paying hundreds or thousands of dollars in additional premiums. In just 18 months, insurance premiums across New Zealand have risen by almost 30%,...
Advertorial
Cyber-attacks are on the rise and it’s not only big businesses that are affec...
In New Zealand, CERT NZ 1 responded to 1,530 cyber security incidents in the first quarter of 2024, which resulted in $6.6m direct financial loss. And if you think having cyber security measures in place affords enough protection,...Feature
IAG New Zealand has signed a multi-year agreement with Google Cloud to help it deliver a more efficient customer experience. The agreement, which builds on an existing partnership, will see Google Cloud's data and AI...
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By Mark Jones, Chief Broking Officer, Gallagher Insurance
Signs of change are emerging in the insurance market for commercial risks, potentially signalling a positive outlook for businesses. For the past two to three years, insurers have been increasing their pricing while scaling...Feature
Toni Ferrier was appointed CEO of Marsh McLennan’s NZ operation last October, her latest high-profile role after decades in the sector. She talks to CoverNote about her career, how the industry has changed, and her...
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The ongoing recession in New Zealand has led clients to reduce their insuranc...
The gloom surrounding the New Zealand economy shows little sign of abating mid-way through 2024, with GDP figures for the three months to March revealing GDP growth of just 0.2% in the March 2024 quarter. The patchy, prolonged recession...Feature
The global insurance and reinsurance industry is expected to avoid major financial repercussions from the internet service disruption caused by a faulty security software update from CrowdStrike, according to Fitch Ratings. ...
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We are excited to announce the appointment of Jai Singh as the National Manager IT NZ at PSC Connect. Jai joins us with an impressive 15 years of experience in the IT industry, including 12 years at QBE where he held various...
