The insurance professionals online magazine
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 cr...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 loc...
Feature
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 ...
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
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....
Advertorial
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...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...IBANZ Forum
NHI/FENZ
QUESTION The words stop bank don't appear in the Exemptions list, but they also don't appear to have been in the previous Exemptions list ,but no FENZ were charged on stop banks under a Contract Works policy. It is...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%,...Climate Change
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...
