Feature
Dinesh Murali is the chief executive and managing director of Kiwi underwrite...
Tell us about your career so far and how long you’ve been in the insurance market? I’ve been in the insurance business – wholly in New Zealand - for around 15 years. I actually got into the game by accident: I...Feature
More than two months into the new regulatory regime, how have brokers coped w...
The Financial Services Legislation Amendment Act 2019 (FSLAA) came into effect on 15 March, marking a major change for insurance brokers and the wider financial advice sector. The changes were designed to improve financial advice a...Feature
Andrew Horne and Nick Frith, Minter Ellison Rudd Watts
On Christmas Day last year, the Reserve Bank of New Zealand suffered a cyber attack. The attack involved a malicious actor gaining access to a third party file sharing application named Accellion FTA, which the Reserve Bank used to stor...
PIQ College
For those of you that attended the recent Financial Services Council Get in Shape Advice Summits, I recall Sharon Corbett from MBIE commenting on the fact that the first meeting she had to start the review of the Financial Adviser Act...
IBANZ Forum
QUESTION The local hospice has a stand-alone dwelling on the grounds of the hospice which is used by relatives of patients for short-term stays. Multiple parties use the dwelling over the course of the year and for some periods...
IBANZ Forum
QUESTION The claimant was engaged by a TP to install a solar array on the roof of their home. The insured is a solar installation company. The company made an inspection of the internal roof void but only identified...
IBANZ Forum
QUESTION If a tenant breaches a warranty under a material damage policy which gives rise to a claim, will the landlords’ policy still respond? Providing that the landlord has provided the tenant with a copy of the...
IBANZ Forum
QUESTION My client runs a small self-storage facility, mainly made up of shipping containers. The terms and conditions of storage that he requires all clients to sign state: "The service provided to you, the storer,...
IFSO Case Study
In January 2020, Mr B arranged cover for a trip to Bali, between 5 April 2020 and 17 April 2020. In February 2020, Mr B cancelled the trip, due to the outbreak of Covid-19. Mr B made a claim to the insurer for...
IFSO Case Study
Mr and Mrs A had cover for their house with the insurer. In January 2018, a significant storm event caused damage to the house. A couple of weeks later, a toilet at the house overflowed, associated with the cleaning of the septic tank...
