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Opinion

Keegan Alexander on the Financial Markets (Cond...

The Financial Markets (Conduct of Institutions) Amendment Act became law on 29 June 2022. Before that date it was nicknamed the COFI Bill, short for Conduct of Financial Institutions. Most of the Act is not in force yet; its likely star...

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Why IAG created a collision repair service

When IAG, the general insurance giant behind NZ brands AMI, State and NZI conducted research with several hundred of its customers in 2021, the results underlined one burning issue - customers wanted a better vehicle repair experience....

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Vero research reveals Covid-related SME insuran...

Small and medium-sized businesses might not have adequate insurance coverage after changing policies since the pandemic, according to a survey conducted by Vero. Vero’s SME Insurance Index revealed that only 79% of broker SME...

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AIG New Zealand appoints new chair

AIG Insurance New Zealand appointed Mary-Jane Daly as chair of its board of directors, replacing Craig Stobo, who retires from the position after more than 10 years. Daly has a strong background in insurance, banking and finance,...

Humans of NZI

Leading from the heart

Introducing Kerrie Lawrence, NZI’s principal national broker partner, where t...

Kerrie Lawrence, recently promoted to Principal, National Broker Partner, started her insurance journey with NZI 26 years ago, after making what in her words was a brave and bold move. “I was 25 when I applied for my first...

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The future of insuring greenhouse gas emitters

Andrew Horne and Jade Yu, MinterEllisonRuddWatts

In a recent speech to Lloyd's of London, the Prince of Wales told the insurance market “We have never needed you more than we need you today”, urging insurers to do their part to help with the transition to a low carbon...

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COVID-19 and travel insurance: Insurers take t...

Andrew Horne, partner, MinterEllisonRuddWatts, co-authored with Siobhan Pik...

As the world opens up, many Kiwis are planning long-overdue overseas getaways. The decreased risks of severe COVID-19 infection, thanks in large part to vaccine efficacy and evolving variants, have emboldened many to travel once again....

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IAG outlines a three-step natural hazard plan

Insurance giant IAG has unveiled a three-step plan to try and reduce flood risk in New Zealand’s most exposed communities, following a series of major events. As floods hammered regions including Nelson and the Far North in...

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Capacity constraints in New Zealand

Claims, climate change, inflation and regulation have contributed to shrinkin...

An increase in claims, the effects of climate change, inflation and rising premiums are driving change in the insurance industry as underwriters tweak their models to ensure they are fit for purpose in a changing world. The...

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WTW’s Garvey lands regional role

Lee Garvey has been appointed as Willis Towers Watson’s regional head of financial solutions for the Asia-Pacific. Garvey will take on the role in addition to his current job leading WTW’s Australasia Financial...

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