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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 examp...
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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

New Zealanders call for stronger Government lea...

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 r...
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Climate Change

Climate Change Response Amendment Bill welcomed

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...
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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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FSCL Case Study

Unauthorised disclosure an expensive mistake fo...

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...
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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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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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Humans of NZI

Meet Kim Wight - NZI’s Principal, Renewables

NZI is helping brokers and customers navigate New Zealand's energy transition.

    When Kim Wight talks about renewable energy, she’s not just talking about wind farms and solar panels. She’s talking about business resilience, evolving risk profiles, and the opportunities...
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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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