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Latest Articles

IFSO Case Study

Claim declined after scooter accident overseas

A couple took out travel insurance for an overseas holiday. While travelling, they were both injured in an accident involving a rented motorised scooter and needed medical treatment. The scooter was also damaged. They made a travel...
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IBANZ Forum

Application of 'Turnover elsewhere after damage...

Material Damage/BI/Contract Works

QUESTION I have a client who owns a restaurant which suffered damage and was unable to trade for three weeks, resulting in a Gross Profit loss.  Their insurer has accepted the Business Interruption claim, however has note...
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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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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

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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Feature

Lessons from the FIFA World Cup

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...
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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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Feature

Lockton strengthens New Zealand offering with n...

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...
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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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