Latest Articles

Feature

The loss adjuster’s perspective

Philip van Zyl, chief executive officer of Sedgwick New Zealand, shares his t...

What are the biggest challenges facing loss adjusting and the wider insurance sector right now?    Staff resourcing appears to be the perennial challenge that loss adjusters face, as do insurers and brokers. Whether we...

Opinion

What the Financial Markets (Conduct of Institut...

The Financial Markets (Conduct of Institutions) Act 2022 became law on June 29. However, the practical impact of it on intermediaries could not be assessed at the time as key regulations under it had not been drafted.  The Min...

Feature

Unfair contract terms regime: What this could m...

Lloyd Kavanagh, Maria Collett-Bevan and Sarah Jones, MinterEllisonRuddWatts, ...

The Insurance Contracts Bill (Bill) released for consultation on 24 February 2022, proposes to make insurance contracts subject to the unfair contract terms regime under the Fair Trading Act 1986 (FTA) (UCT regime). If introduced, this ...

Feature

Howden acquires Gallagher Bassett’s NZ personal...

Global insurance broker Howden has acquired the personal injury business of claims administrator Gallagher Bassett New Zealand. The acquisition by Howden Care New Zealand, Howden’s local workplace claims management...

Humans of NZI

Unstoppable passion and unlimited drive

Meet Loren Greig, NZI’s Senior Business Development Manager (BDM) and first r...

2009 was the year Loren Greig’s passion for the insurance industry was ignited. Originally from New Plymouth, Loren made her way down to the windy capital city to begin her first role with NZI as sales support. Since...

Feature

Ex-Tower exec appointed AA chief executive

AA Insurance has appointed Michelle James as its new chief executive, hiring its new boss from Tower.  James joins in February, having held a role in the Tower executive leadership team. She has spent six years at the...

Feature

Reserve Bank seeks feedback on insurance govern...

The Reserve Bank of New Zealand has begun a public consultation on governance and supervisory processes in the insurance sector. The consultation, which will run until February, is the last of four topic-specific consultations...

Feature

When talking about the weather isn’t just makin...

New Zealanders are unprepared for wild weather, despite increasing storms and...

New Zealand’s weather is a topic that has recently turned from polite conversation to a much more urgent discussion around the need to take action to keep New Zealanders safe. Part of our mission at NZI is to provide New...

Feature

STOP selling cyber insurance for your clients’ ...

by Daniel Lowe, Vero Liability

That’s like selling them Motor Insurance to stop road accidents . And speaking of Motor cover, probably the most basic thing you sell your clients, they still need to have roadworthy vehicles (warranted) with proven...

Feature

Changes in New Zealand's insurance market

Nick Frith, partner, MinterEllisonRuddWatts, presents his current outlook on ...

The past 10 years have seen significant changes in the New Zealand insurance market. These changes are largely positive, but give rise to issues that need to be managed. On the broking side, the first indication of major change...

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