Latest Articles

IBANZ Forum

Wine liability

Question: Our client contracts to a large transport company who has contracts with wineries to transport grapes from their vineyards. The client is paid on an hourly basis to transport the grapes on behalf of the transpor...

IBANZ Forum

Vermin problem

Question: Birds have set up nests in the outdoor component of our client’s combine heater & hot water system causing both direct & resulting damage. The policy exclusion states cover is excluded for damage t...

IBANZ Forum

Solar panel theft

Question: The insured operates a communications business which includes the setting up and supply of radio networks. They have over 20 transmitting sites throughout NZ, many of these are in high altitude remote areas. Due...

IBANZ Forum

Dog walker dilemma

Question: We have a dog walker who a colleague is looking to provide quotes for under GL. We have it agreed by insurers we have got terms from that the Care Custody Control (CCC) extension will extend to treat dogs as...

FSCL Case Study

Aviation scam leads to dispute

A business owner runs an aviation engineering business and needed a rare engine part for a helicopter he was working on. He found and purchased the part from a USA supplier. The person transferred $28,000 into the supplier’s...

FSCL Case Study

Conviction causes confusion

A business owner runs a small construction company. As their business grew they contacted an insurance adviser to take out public liability insurance. The adviser sent through the policy documents, invoice and a form requesting...

Feature

Weather events hit Suncorp NZ profit

Suncorp New Zealand saw profits drop by 34.9% in the six months to December due to a sharp increase in severe weather events.  Post-tax profit fell to $84 million in the half-year due to a series of flood events and declining...

Opinion

Liability Insurance: Key differences between PL...

Crossley Gates and Frank Rose, Keegan Alexander

Underwriters have historically broken-down liability insurance into several well-known products. Each product addresses a specific basket of ways that the insured can become legally liable to a third party.  In this article,...

Advertorial

Keeping kiwis in the know about vehicle safety

Here at Smith&Smith®, we’re on a mission to help keep your clients safe on ou...

As advanced driver assistance systems (ADAS) become more common in vehicles worldwide and the safety technology becomes smarter, it is even more important that vehicle owners and repairers understand just how complex these systems are,...

Feature

Underwriting the unvaccinated: rating risk in a...

Olivia de Pont, senior associate, MinterEllisonRuddWatts

A person’s COVID-19 vaccination status and how they may be treated as a result has become an increasingly controversial topic. Among other issues, it raises the question of how insurers may take vaccination status into...

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