IFSO Case Study
A company owned a rental property covered by a commercial business insurance policy. After a heavy rain event, the rental property was damaged when the slope behind it slipped. The repair costs for the damage came to $9,706, ...
IBANZ Forum
QUESTION Hi - after recommending a client who is a retiring plumber continue with public liability for an annual term after retiring, I received this response from their solicitor. I'd appreciate your thoughts on their ...
IBANZ Forum
QUESTION We have a client who carries goods around NZ that he does not own, to show to retailers so that they may order the product directly from the supplier. The suppliers insure the goods whilst in our client's care....
IBANZ Forum
QUESTION We have been experiencing a rapidly growing number of claims where assessors and loss adjustors are displaying a strong bias against the client in favour of the insurers. We all know they are supposed to...
IBANZ Forum
QUESTION I would like a definitive answer on an interpretation of the following exclusion please: "Loss resulting from ingestion or entry of any foreign object into any agricultural implement or machine (eg....
News from Australia
Underwriters should be on alert for unwitting exposure to claims stemming from inaccuracies caused by artificial intelligence, an insurance lawyer says. AI could be “even more pervasive than cyber in terms of where it...
News from Australia
The Insurance Brokers Code Compliance Committee has recommended improvements around transparency, clarity and breach reporting in its submission to the ongoing code review. The deadline for feedback on a consultation document has...
News from Australia
Australian Insurers and brokers are targeting a constructive relationship with the federal government after Prime Minister Anthony Albanese led Labour to an emphatic victory in the recent election. They have urged Canberra to...
Humans of NZI
A journey of heart, heritage and harmony
When Teina Paniora first entered the insurance world, he wasn’t 'suited up' or carrying a briefcase - he’d literally just hopped off a forklift. "In early 2014, my cousin, who was part of the...
