IBANZ Forum
QUESTION We have a discussion going on about just completed spec homes, that are unoccupied. Do these qualify as a dwelling, and therefore have NHCover available to them? I can't find a specific men...
IBANZ Forum
QUESTION A policy wording states the limit on what an insurer will pay is $5,000 in regards to unspecified jewellery, and they then issue a purchase authority to the jeweller for the full amount (true replacement...
IBANZ Forum
Material Damage/BI/Contract Work
QUESTION I was of the understanding that under Section 269 of the Property Law Act 2007 that tenants could NOT be held liable for the Landlord's commercial insurance policy excess. I have recently seen lease ...
Humans of NZI
An insurance career that began by chance has grown into a nearly 30-year career filled with purpose. Andrea’s story is one of gratitude, community, and a deep commitment to helping people when it matters most. A...
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The Insurance Brokers Association of New Zealand (IBANZ) is on the hunt for a new Chief Executive following incumbent Mel Gorham’s decision to step down after five years in the role. IBANZ President Neil Cousins acknowledged...
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On 6 May 2025, the Reserve Bank of New Zealand (RBNZ) published the results from its 2024 General Insurance industry stress test. The purpose of the stress tests was to assess the insurance industry’s ability to respond in the...
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Time is ticking for the insurance industry to get ready for the implementatio...
The Contracts of Insurance Act is a new consumer protection law that repeals five Acts currently in force and increases the obligations on brokers and insurers. Speaking to a recent professional development seminar for...Feature
Associate Finance Minister David Seymour has confirmed that a review of the f...
In an interview with CoverNote that occurred against a backdrop of a state of emergency in Christchurch, Wellington battling wind gusts of up to 150kmph and the MetService issuing a rare red weather warning, Minister Seymour outlined...Feature
IBANZ plays a strategic role in shaping New Zealand's insurance legislation
In the ever-evolving landscape of insurance and financial services in New Zealand, the Insurance Brokers Association of New Zealand (IBANZ) plays a pivotal role in defending its members’ interests through making submissions on...
