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Latest Articles

IBANZ Forum

Residential vs commercial

NHI/FENZ

QUESTION: An insured builds a self-contained home. The building is intended to be lived in by the insured (owner-occupied). It is 100% residential use. It is a freestanding home that is not attached to any other building. It has it...
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Feature

AMI is celebrating a young New Zealander who’...

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...
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Appointments

IBANZ welcomes Nick Raven to the team

IBANZ recently welcomed Nick Raven to our small Auckland-based team in the newly created role of Communications and Content Manager. Nick takes over responsibility for member engagement and communication across all channels includi...
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IBANZ Forum

Defective work & trades endorsement and resulta...

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,...
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Feature

A storm every eight days: Weather claims spike ...

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...
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FSCL Case Study

Why am I paying Body Corporate insurance, if it...

Franklin* and his business owned several units at a property. The Body Corporate for Franklin’s property held various insurance policies with an insurer, including a statutory liability policy, which included cover for defence...
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IBANZ Forum

Wrong Range Rover cancelled

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...
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Advertorial

From recovery to resilience - our evolving roles

Historically, insurance has enabled recovery after an event. That role remains critical. But as QBE Pacific CEO and Managing Director, Jonathan Groves has consistently said, the most valuable dollar in the system is not the one spent...
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Feature

AMI urges households to take lithium-ion batter...

AMI is urging New Zealand households to stay vigilant, as new data shows most lithium-ion battery incidents stem from unsafe charging. AMI Executive General Manager Claims, Steph Ferris says the data shows just how quickly things...
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Advertorial

Compliance or Competitive Advantage? CoIA is a...

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...
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