The insurance professionals online magazine
Feature
For the first time, AMI has announced a Supporting Excellence Student Award winner through the Ryda programme, recognising high school student Zane Lott for his leadership, responsibility and standout road safety mindset as a young dri...
Feature
Allianz Commercial plans to transfer its standalone commercial cyber insurance portfolio to Coalition under a multi-year global arrangement that will make Coalition its exclusive partner for commercial cyber business. The transaction, ...
IBANZ Forum
Commercial Fleet/Vehicle
QUESTION: We have a client with a number of vehicles insured with the same insurer. He had two Range Rovers, both insured, sold one and instructed us to cancel cover on it. He advised the wrong rego. so the Range rover ...
Feature
As a small island nation New Zealand has always lived with weather risk, but industry tracking shows storm-related claims were up more than 250% in the 12 months to February 2026. Storms struck somewhere in New Zealand roughly once...
IBANZ Forum
Liability/Cyber/Product Recall/Crime/Fidelity
QUESTION: I’d welcome expert views on interpreting NZI’s Defective Work – Trades Endorsement, particularly around resultant damage. Scenario: A trade contractor installs flashing incorrectly (workmanship,...Advertorial
To adapt to the upcoming Contracts of Insurance Act (CoIA), will your organisation be adding layers to cope, or will you re-design work to perform? How much will your approach really cost your business? Will...
Feature
New data released recently reveals a record 46 storms over the past 12 months, driving a sharp rise in claims. Phil Gibson, AMI, State and NZI CEO, says: “Between autumn 2025 and summer 2026, our claims teams supported...
Feature
Kris Faafoi is Chief Executive of the Insurance Council of New Zealand | Te K...
New Zealand has started 2026 with a reminder about the reality of extreme weather. In January, communities across the upper North Island and East Cape experienced torrential rain, flooding and landslips that damaged homes, cut...IBANZ Forum
Commercial Fleet/Vehicle
QUESTION: The insured makes a motor claim which is accepted by the insurer. Given the type of claim, the claim falls under a section 1 automatic policy benefit which is sub-limited to $5,000 in the policy wording. This again is...Feature
The insurance industry is in the grip of a familiar tension. Carriers are pouring capital into AI-driven automation, promising faster underwriting, smarter claims handling and leaner operations. And yet, as Aon's Chief Executive...
