The insurance professionals online magazine
Feature
The Insurance and Financial Services Ombudsman (IFSO) scheme has received a record number of nearly 5,000 enquiries over the past year, marking a 21% increase from the previous year. Karen Stevens, the IFSO ombudsman, reveale...
Appointments
WTW appoints Baum to senior roles WTW has appointed James Baum, a seasoned industry veteran, as head of corporate risk and broking, as well as head of Australia and New Zealand. Baum most recently worked for Aon for 18 years...
Feature
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%,...
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. ...
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...
Appointments
Rothbury Insurance Brokers has appointed Shane Ohlin to the newly created role of chief information officer. With over 25 years of experience in information technology, Ohlin has previously held senior management and consulting...
Feature
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
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...
Feature
IBANZ offers a range of CPD from quality presenters who specialise in providing a variety of fire and general presentations, as well as a selection on soft skills ranging from time management to client care. All webinars: 10.30 -...
IFSO Case Study
The insurer asked Rose* whether she had taken any medication in the 24 hours prior to her car accident. Rose said she had taken half a sleeping pill at 11pm the night before. Dispute over sleeping pill Heather* had car...