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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, n...Feature
Long-term claims growth hits decade low
Accident insurer's report shows the long-term claims pool grew just 0.3% and 92% of clients on weekly compensation returned to work within a year. New Zealand’s Accident Compensation Corporation (ACC) has released its Ma...FSCL Case Study
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 (le...
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,...
Advertorial
Garry Taylor, Executive General Manager, NZI shares his perspective on the cu...
At NZI, our focus is simple – giving brokers the expertise, insight and support they need to deliver the right outcomes for their customers. That’s the advice model in action – brokers guiding customers with...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...
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...IFSO Case Study
After severe flooding, the Chan* family’s house was badly damaged and needed to be rebuilt. Their insurer accepted the claim and agreed to cover the cost of rebuilding the home. However, a dispute arose about how high the...
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...
IBANZ Forum
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...
