Latest Articles

IFSO Case Study

Payout brings more pain

In a recent complaint to the IFSO Scheme, Sai* was seriously injured in a car accident, and suffered more pain when his claim payment was $12,000 less than he expected. Sai and his partner were seriously injured in the accident, and his...

FSCL Case Study

Car written off but bills remain

Lucinda* was driving her BMW by a lake when she was caught up in flash floods. Water splashed up into the engine bay and into the computer systems at the rear of the car. After getting the car towed home, she asked her insurance...

FSCL Case Study

Insurance broker meth dispute

Simon* owns a small rental property in Christchurch and approached an adviser for help with insurance. The adviser gave Simon several policy options, one of which suited his needs. Simon took out the insurance and tenants moved in. ...

Feature

Rothbury makes senior hires

Rothbury Insurance Brokers has made a round of senior hires across New Zealand. Paul Munton, Rothbury’s executive general manager for broking branches, said the appointments would strengthen the business by supporting its...

Feature

$1bn NZ auto repair industry under threat from ...

New Zealand’s car repair industry could lose up to 15% of its revenue to offshore-owned rivals, an industry trade body has claimed. It comes as insurers under Australian-owned IAG (AMI, State, NZI and Lumley), rapidly...

Opinion

Natural Hazards Insurance Bill looms

Keegan Alexander partners Crossley Gates and Frank Rose explain changes arisi...

The Natural Hazards Insurance Bill repeals the Earthquake Commission Act 1993 (EQC Act) and replaces it with the Natural Hazards Insurance Act 2022. The intended commencement date of the new Act is the later of:...

Feature

RAM Raids on the rise

Garry Taylor, executive general manager at NZI, reveals how businesses can mi...

If you’ve been following the news, you’ll know that ram raid attacks have left a path of destruction across Auckland in recent months.  Multiple targets have been hit, with offenders becoming more and more brazen...

Feature

Is safety technology having the desired impact?

Oliver Jepson, National motor manager, NZI

The first breakthrough in car safety came in 1934 when General Motors performed a crash test for the very first time on a 1929 Chevrolet. Since then, the transport industry has (thankfully) come a long way when it comes to...

Feature

FMA publishes record-keeping tips

The Financial Markets Authority has published an information sheet for Financial Advice Providers on how to demonstrate compliance with record keeping obligations. Under the new financial advice regime Standard Condition 1 for both...

Humans of NZI

From fishing to phishing, and everything in bet...

Introducing NZI’s Underwriting Liability and Cyber Manager, Andy Beven, whose...

Adventure. Speed. Challenge. These are the three things that get Andy Beven, NZI’s Underwriting Liability and Cyber Manager, up and out of bed in the morning. Not only for the role he plays in protecting businesses against cyber...

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