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Insurance

NZI celebrates 165th birthday

NZI celebrated its 165th birthday, marking its status as one of New Zealand’s oldest brands.  Established in 1859 - 39 years before the first car arrived in NZ - the company began life underwriting policies from a local ...
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Humans of NZI

Home is where the heart is: Meet NZI’s Emma-K...

Returning ‘home’ to where it all began with a fresh perspective and new-found energy has been a dream come true for NZI’s new Auckland and northern regional manager, EK Nielsen. EK is a self-proclaimed 'boome...
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Feature

Delta Insurance opens Central Region office

Auckland-headquartered Delta Insurance has opened a new office in Papamoa in the Bay of Plenty, following its international expansion into Singapore and Australia.  Located in the Tauranga suburb, the central region office ser...
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Feature

Home buyers demand flood information

New research from insurers AMI, State and NZI revealed that 86% of people would now consider climate risk when choosing a home, compared to 55% just two years ago. The research found that house hunters rank weather and natural...
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Feature

IBANZ urges home buyers to plan insurance

The Insurance Brokers Association of New Zealand urged home buyers to think with their heads rather than their hearts when committing to a real estate purchase. New actuarial data supplied to Treasury shows house insurance premiums...
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Feature

AMI survey: More than half of drivers distracte...

More than 55% of drivers have admitted to being distracted on the road, while 21% say they have driven under the influence of drugs or alcohol, according to an AMI survey. The insurer’s national survey found that mobile...
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Feature

Suncorp to sell Asteron Life

Suncorp Group announced the sale of its New Zealand Asteron Life business to focus on its general insurance operations. The Australia-based group said the transaction continued the reshaping of the company, and would position its...
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Feature

Insurance industry concern over FENZ levy hikes

For decades, levies on insurance premiums have funded New Zealand’s Fire and Emergency service (FENZ), with 95% of the organisation’s funding paid for by insurance buyers in the year to June 2023. While the insurance...
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IBANZ Forum

Benchtop confusion

QUESTION: The claim involves a customer's benchtop. The customer wishes to claim against the Insured for a new benchtop. The Insured installed the benchtop two years ago at their customer's house. The Insured advised...
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Feature

Government introduces Contracts of Insurance Bill

The government has introduced its Contracts of Insurance Bill, with the proposed law passing its first reading on 2 May. Under the bill, insurers would bear the greater burden of disclosure obligations. Opposition parties have...
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