The insurance professionals online magazine
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 con...
Appointments
NZI has announced two senior appointments that further strengthen its Property and Liability team’s capability and reinforce its commitment to supporting brokers and customers in an increasingly complex insurance market. Tro...
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...Humans of NZI
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...Climate Change
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...FSCL Case Study
Ross* bought a commercial property insurance policy through his broker. Ross owned a business that manufactured and leased small buildings to third parties. One of the buildings was stolen while located at a customer’s property....
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...
IBANZ Forum
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...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
A $15 million scheme elsewhere avoided 10 times its cost
Private insurers have absorbed $31 billion of the more than $64 billion in total natural hazard costs New Zealand has incurred since 2010, while government spending on reducing that risk before disasters strike has remained at just 3%,...