The insurance professionals online magazine
Feature
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...Feature
As North America hosted the largest FIFA World Cup in history, risk managers looked beyond the matches themselves. With 48 teams, 104 matches and millions of fans expected across the US, Canada and Mexico, the tournament’s u...
IBANZ Forum
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 examp...FSCL Case Study
Mark* operated a motel business. His insurance broker assisted with the placement and renewal of the motel’s business insurance policies. As part of an insurance renewal process, the broker asked Mark whether the motel had any...
Climate Change
Insurance Council of New Zealand
The Climate Change Response Amendment Bill has been welcomed by insurers for setting out a long-awaited framework for climate adaptation, but they warn that funding, implementation and durable political support will be critical to...Climate Change
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...IBANZ Forum
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...Feature
Lockton has announced the opening of its new office in Queenstown, led by General Manager Mark Hyland. The new office opening further demonstrates Lockton’s strong commitment to the New Zealand market, adding to existing...
Climate Change
AMI, State and NZI 2026 climate poll
New Zealanders do not have confidence in the country’s ability to manage climate risks, according to the latest climate change poll from AMI, State and NZI. Just 27% of New Zealanders say they are confident the country can...Appointments
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...