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New Zealand’s stormy summer resulted in five times more insurance claims than last year, according to AMI, State and NZI Insurance’s latest Wild Weather Tracker. The IAG brands received 41,596 weather-related claims bet...
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IAG New Zealand has appointed Catherine Drayton as a non-executive board member. Drayton is chair of Christchurch International Airport, Guardians of NZ Superannuation, Mint Innovation, and Connexa, and a board member for Genesis...
Humans of NZI
Meet Shanna Crosson, one of NZI’s claims champions during the wild weather
Christchurch mum-of-one, Shanna, has been in the insurance industry for two decades. After a short career as a fitness trainer, she joined State Insurance in 2000 and has been with NZI since 2010. This November marks an impressive 23 y...
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The Auckland floods and Cyclone Gabrielle caused between $9 billion and $14.5 billion of asset damage, according to Treasury estimates. According to official forecasts, residential property damage will range between $2 billion and...
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The summer’s extreme weather will have significant ramifications for the insu...
When asked about the magnitude 6.3 earthquake that rocked the central North Island on 15 February this year, the Prime Minister, Chris Hipkins, said that he was looking out the window for a plague of locusts. Hipkins’...Feature
IBANZ has revamped its professional status accreditations to raise standards ...
As the insurance industry continues to evolve, it’s vital that New Zealand brokers keep up with the latest developments and standards and demonstrate their professionalism. IBANZ has long recognised the need to support its...Feature
American International Group announced the appointment of Chris Colahan as regional president for AIG Asia Pacific. Colahan reports to Jon Hancock, Chief Executive Officer of AIG’s International General Insurance business....
IBANZ Forum
QUESTION: An internal water valve starting leaking sometime between 5th December (when the Insured went on holiday) and the 14th December, when they returned and found the resultant damage to ceilings, carpets etc, some of which...
IBANZ Forum
QUESTION: Hello, I have had a client lodge a claim for frozen food that has defrosted in their freezer at home. The insured advises that the freezer had power on, the light shows up so there hasn't been a power failure....
IBANZ Forum
QUESTION: Our client's vehicle hit a third party (no dispute —it was our client at fault). Our client's policy excluded U25's and an U25 was driving, so our client is liable for the third party damage....
