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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
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 th...
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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 brandi...
FSCL Case Study
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
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
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
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
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...
IBANZ Forum
QUESTION We have a discussion going on about just completed spec homes, that are unoccupied. Do these qualify as a dwelling, and therefore have NHCover available to them? I can't find a specific...
IBANZ Forum
QUESTION A policy wording states the limit on what an insurer will pay is $5,000 in regards to unspecified jewellery, and they then issue a purchase authority to the jeweller for the full amount (true replacement...
