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New Zealand insurance.

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Latest Articles

Appointments

Rothbury Insurance Brokers has appointed Charle...

The role was created following a review of Business Operations to ensure the support provided to broking branches continues to evolve with the needs of the business. As Head of Broking Services, Charlene is focused on improving how brok...
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Advertorial

RedBook launches ‘RegCheck’

The vehicle verification tool for brokers and insurers

As policy volumes increase and regulatory expectations continue to evolve, insurers and brokers are always looking for ways to streamline these workflows without compromising accuracy. That challenge is what sits behind the launch ...
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Feature

Why meaningful choice matters

By Paul Uprichard, Executive Director, New Zealand Underwriting Agencies Coun...

Choice is one of the most valuable things a broker can offer a client. But choice, in itself, is not the objective. A healthy insurance market isn't defined solely by the number of products or participants it has; rather, the r...
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Climate Change

Climate resilience plans still have barriers to...

Understanding Climate Risk

Yvonne Moore, head of Zurich Resilience Solutions (UK), explains why resilience programmes stall inside organisations. She also sets out what a proactive climate strategy does to an underwriting conversation, and why that exchange...
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IBANZ Forum

FENZ charged on Rural Sundry vehicle limits

Rural

QUESTION If you have sundry vehicle cover under a rural policy, what is the applicable FENZ levy payable, as we do not always know all the vehicles that are covered by this, which is why the sundry limit is in place? For...
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Feature

Cyber insurance delivers meaningful financial p...

More than 95% of average data breach losses and 90% of average first-party losses are adequately covered by insurance, according to the latest report published in Australia by Willis, a WTW business (NASDAQ:WTW). The report, Cyber...
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IBANZ Forum

FENZ on a stop bank - Contract Works

NHI/FENZ

QUESTION The words stop bank don't appear in the Exemptions list, but they also don't appear to have been in the previous Exemptions list ,but no FENZ were charged on stop banks under a Contract Works policy.  It is...
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Climate Change

New research provides insights into future floo...

By Graham Campbell, Director - Economics and Research, New Zealand Infrastruc...

Flooding - both inland and coastal - is already one of New Zealand's most costly natural hazards, and the costs are rising. New research by Earth Sciences New Zealand, commissioned by the New Zealand Infrastructure Commission, Te...
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Feature

The insurance conversation brokers avoid - and ...

Brokers assume asking wealthy clients about their belongings sounds like a sales pitch, but underwriters say it's usually the client who raises it first. For a broker already handling a client's construction or commercial...
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Climate Change

The climate risks you can’t insure away

By Rachael Pettigrew, Head of Risk Advisory, Willis NZ

Organisations can spend more time preparing for the last crisis than they do for the next one. Insurance remains one of the most effective tools for managing known risks. However, some of the biggest threats facing businesses today...
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