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NZI discourages use of flammable insulated pane...

Recent apartment and factory fires around the world, resulting in millions of dollars’ worth of property loss and in some cases, the loss of life, have resulted in a worldwide debate over the safety of insulated panelling. ...

Feature

Who are New Zealand’s insurance brokers in 2019?

By Angela Cuming

Buying insurance may be easy enough but buying the right type of insurance is often not so straightforward. There’s a lot a stake when it comes to insurance – choose wisely and a person’s financial security and peace o...

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Suncorp reports profit boost

Suncorp’s general insurance business has reported a 100% profit jump. Suncorp Group reported net profit after tax of A$250 million ($260m) for the six months to December 31. Its New Zealand business pulled in $120m, up 7...

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Sea level rises pose risk

The Insurance Council of New Zealand has welcomed Local Government New Zealand’s (LGNZ’s) report into sea-level rises around the country, saying that the billions of dollars of local government assets identified in the...

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Rothbury opens Pukekohe office

Rothbury Insurance Brokers has opened a new office in the heart of Pukekohe after acquiring Counties Manukau Insurance Services, better known as CMIS.  This new venture represents a strong desire from Rothbury to cater to the...

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Suncorp expands AA partnership

The AA and Suncorp have reached a new agreement to explore how both organisations can expand their financial service offerings. AA chief executive Brian Gibbons said it had always been the AA’s aspiration to look at how it...

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IAG joins claims service

IAG will participate in the Greater Christchurch Claims Resolution Service (GCCRS), an initiative designed to fast-track the resolution of outstanding residential Canterbury earthquake insurance claims. The GCCRS has been...

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EQC changes enacted

Homeowners can now access more information about a property’s previous Earthquake Commission claims. The Government’s Earthquake Commission Amendment Act empowers EQC to share more information about previous claims on a...

Live News

Tower: Risk-based pricing fair

Tower Insurance says its surveys show 70% of people across New Zealand believe that risk-based pricing is a fair way to pay for insurance. Five hundred people were surveyed, with 73% of those from Auckland saying that...

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Regulators’ warning for general insurers

Report slamming life insurance sector may have wider repercussions.

Regulators that issued a damning report on life insurers in New Zealand are warning that general insurance providers shouldn’t think they are in the clear. The report, by the Financial Markets Authority and Reserve Bank,...

Live News

Battery problems leave drivers stranded

State Insurance responded to 1300 Roadside Assistance callouts across the country just over the Christmas and New Year period. Almost half of those were related to the vehicle battery. The most common problem was batteries being...

Live News

Which cars are thieves' top picks?

The desire for a stolen Toyota Hilux, Subaru Legacy and Subaru Impreza shows no signs of diminishing, with at least two reported stolen every day around New Zealand. Analysis of police data by financial...

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Licensing costs revealed

It is becoming clearer what it will cost to take out a license to provide financial advice under the new legislative regime. Anyone giving advice under the new rules must work for a licensed financial advice provider. That could be...

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Insurance start-up gets tick

Auckland-based insurance start-up Cove has been awarded the Rainbow Tick, certifying the organisation is a welcoming and inclusive place for people of diverse sexual orientations and gender identities. Chief...

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Sustainable Business Network Awards

Meet the winners and Commendations for the 2018 NZI Sustainable Business Network Awards!

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