The insurance professionals online magazine
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Six insurance industry identities, who have contributed greatly to IBANZ and ...
The people are Angus McCullough, Bruce Oughton, Jo Mason, Paul Munton and Roger Abel . An Honorary Life Membership has also been bestowed posthumously upon Max Marsh who sadly passed away in July this year. Honorary Life...Feature
The peak bodies representing personal and business insurers in the United Kingdom, Canada, Australia and New Zealand called on Commonwealth leaders at the recent Commonwealth Heads of Government Meeting (CHOGM) in Samoa to discuss worse...
Humans of NZI
It’s not often that you stumble across someone with a passion for both mixed martial arts (MMA) and insurance, but that's precisely what you get with Tim Littler, NZI's Principal, National Broker Partner. ...
FSCL Case Study
Olivia* is the owner of a small home renovation business supplying both material and labour to homeowners (the business), in the Hawkes Bay area. In February 2023 the area was severely impacted by Cyclone Gabrielle, causing...
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Report highlights preparedness initiatives and renewed focus
New Zealand’s Natural Hazards Commission Toka TÅ« Ake (Natural Hazards Commission, or NHC) has issued its final annual report under its new name following its rebranding from the Earthquake Commission (EQC). The report...IBANZ Forum
QUESTION: When we get a new valuation for a building, it usually has the sum insured amount broken down: Reinstatement Cost Estimate and Inflationary Provision Demolition Cost. As a brokering practice, we use 50% adjustment on...
IBANZ Forum
QUESTION: Whose responsibility is it now to notify banks if there is a mortgage or finance on a policy that is cancelled due to non-payment? Crossley Gates, Keegan Alexander Decades ago there used to be an...
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Gallagher Insurance has been named as one of the major sponsors for the upcoming New Zealand Open after serving as a supporting sponsor earlier this year. Gallagher said that after witnessing the positive impact of the tournament...
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Willis Towers Watson (WTW) has released a new report exploring the potential for historic loss data to help financial institutions narrow gaps between perceived and actual operational risks. Part of the firm’s...
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Gallagher New Zealand’s latest market update signals a trend toward a softer commercial insurance market, following an extended period of premium growth. The report, released in November, indicated that premium hikes are...