Latest Articles

Feature

Aussie broker giant CBN enters New Zealand with...

Australia’s Community Broker Network, a private insurance broker network backed by ASX-listed Steadfast Group, has launched in New Zealand by acquiring Folio’s local insurance broking network.  Folio, a New Zealand...

Feature

Insurers to impose stricter cyber insurance req...

Regulatory pressures and a heightened risk profile are prompting insurers to impose stricter cyber insurance requirements on businesses in Australia and New Zealand, Arctic Wolf’s 2025 Cyber Insurance Report shows.  Comp...

Feature

CFC expands cyber trading capabilities in New Z...

Rollout of Connect and Cyber Masterclass to make trading cyber easier for bro...

CFC, the specialist insurance provider, pioneer in emerging risk and market leader in cyber, announced the launch of its ground-breaking trading portal, Connect, and free on-demand Cyber Masterclass series in New Zealand to make trading...

Feature

Tower unveils new research on attitudes to risk...

New research from Tower reveals that nearly half (46%) of Kiwis want more information about their property’s exposure to climate-related risks and natural disasters.  The findings also show that an overwhelming 86% of...

Feature

Ombudsman Scam Alert

News that a financial ombudsman service had uncovered scams using its name and branding drew strong reader interest this week. Financial Ombudsman, Financial Services Complaints Limited (FSCL), says scams using its name and...

FSCL Case Study

The importance of being earnest: Why employee h...

Russell* ran a plumbing business and insured all company cars under a commercial motor vehicle policy.  In February 2024, his employee, Nisha*, reported one of the company cars stolen. Shortly after reporting the theft to the...

FSCL Case Study

Theft not reported to local police

In March 2024, Ari* was on a holiday in Bali with her friends. On their last day, they checked out of their hotel and left their suitcases there while they went out. Ari packed all her valuable clothing and accessories in her backpack,...

IFSO Case Study

Dispute over Range Rover repairs

In January 2024, Paul’s* Range Rover was stolen. Paul notified his insurer and made a claim.  Just over two weeks later, the vehicle was recovered, and the insurer arranged for it to be repaired.  However,...

IFSO Case Study

Flight delayed by weather

Tama* held travel insurance for a trip to the USA.  During his trip, a connecting flight he was taking from Boston to Los Angeles was delayed, meaning he missed his flight back to New Zealand. As a result, he had to pay for...

IBANZ Forum

FENZ Levy on boats

  QUESTION I have a client whose existing boat policy (insured elsewhere) is a GST-exclusive policy; therefore, the Levy has been calculated off the GST-exclusive price. Now I am obtaining some quotes, and these...

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