The insurance professionals online magazine
Feature
By Mark Jones, Chief Broking Officer, Gallagher Insurance
Signs of change are emerging in the insurance market for commercial risks, potentially signalling a positive outlook for businesses. For the past two to three years, insurers have been increasing their pricing while scaling b...Feature
IAG New Zealand has signed a multi-year agreement with Google Cloud to help it deliver a more efficient customer experience. The agreement, which builds on an existing partnership, will see Google Cloud's data and AI solution...
Appointments
Swiss Re Corporate Solutions has appointed Kevin Bates as its new country head for Australia and New Zealand. The new country leader based in Sydney, will take over for Christine Bell, who has chosen to retire, as of 4 November.&n...
Insurance
AMI Insurance has seen a nearly 40% increase in house fires between summer and winter 2023, following a 20% increase the year before. The insurer said lower temperatures caused house fire risks to increase. “With the...
IBANZ Forum
QUESTION If we are endorsing a policy after 1 July but removing/reducing cover, are we using the old FENZ levy or the new one? Example - building placed 1 August 2024 but 30 July 2024 we are reducing the sum insured, are we...
IBANZ Forum
QUESTION I contacted an underwriting agency to query whether a certain activity would be excluded under their motor policy wording. The reply I have been getting is: "Please note we are not able to provide...
Humans of NZI
L isa's entry into the insurance industry came somewhat unexpectedly. “Straight out of high school, I took a job working with State Insurance, primarily as an opportunity to save some money to attend...
Feature
Toni Ferrier was appointed CEO of Marsh McLennan’s NZ operation last October, her latest high-profile role after decades in the sector. She talks to CoverNote about her career, how the industry has changed, and her...
FSCL Case Study
In 2021 Hailey*, a school principal, arranged insurance to cover the cost of any damage and repairs to her school’s devices and equipment. On 5 December 2022 at about 7pm, the insurer sent Hailey an email saying that the insurance...
Appointments
Rothbury Insurance Brokers has appointed Shane Ohlin to the newly created role of chief information officer. With over 25 years of experience in information technology, Ohlin has previously held senior management and consulting...