Life Insurance

Feature

Five changes new code of conduct could bring to...

The group developing a new code of conduct for financial advisers has released a draft – and it will mean big changes for insurance brokers. The code will guide everyone who gives financial advice under the new regime. It is ...

Live News

Kiwi firms at risk of becoming zombies

Despite an overall increase in business confidence, companies are not prepared for the impact of disruption, a new survey suggests. The Suncorp New Zealand Business Success Index  found that while 78% of businesses reported ...

Feature

Degree rule would shake up industry, IBANZ warns

Code of conduct proposals too strict on qualifications, industry associations...

Large numbers of general insurance brokers could leave the industry if proposed new qualification standards are brought in, IBANZ has warned. The working group developing the new code of conduct for all financial advisers has relea...

Feature

Insurers look at nitty gritty

Move to granular pricing part of bigger shift for industry. By Angela Cuming

Tower Insurance will soon start pricing premiums based on how at-risk residential properties are to all ''natural perils'' in a move experts predict will shake up the local insurance industry and encourage other...

Feature

Insurers, brokers told: Little changes won’t cu...

By Michael Naylor, Massey University

The industry of the future may bear very little similarity to the world you work in today. Here's why. In recent years insurance has lagged other sectors in terms of adoption of IT. This technological lagging means that...

Stories

Submissions sought on code

The Insurance Council of NZ is encouraging consumers of insurance and community and consumer groups to have their say on the review of the Fair Insurance Code.  The code sets standards for general insurers who are members of...

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