Feature
About a third of New Zealand small businesses are thinking about changing their business insurance, research from insurer Vero shows. Vero has surveyed more than 600 New Zealand small-to-medium enterprises (SMEs) across the Covid-1...
Feature
A new insurance organisation hopes to fill a gap in the market for underwriting agents. The New Zealand Underwriting Agencies Council has been set up to cater for what it says are underwriting agents’ unique issues and...
Opinion
The Insurance Council of New Zealand (ICNZ) is calling on political parties to back volunteer and paid firefighters by funding them appropriately for their services, much like the police are funded. It follows the publication of th...
Opinion
By Crossley Gates
On June 22, the Governor-General made by Order in Council the Financial Markets Conduct (Regulated Financial Advice Disclosure) Amendment Regulations 2020. They require financial advisers (including insurance brokers/advisers) to...Feature
Suncorp New Zealand reported a $2 million profit drop in the year to June. The New Zealand arm of the insurance company announced a net profit after tax (NPAT) of $259 million, down from $261 million a year earlier. The result...
Feature
Lloyd’s, the world’s insurance and reinsurance market, says there are a number of ways the insurance industry could fast-track global economic and societal recovery from the far-reaching impacts of Covid-19. These...
Humans of NZI
What started as a school project on insurance has transformed into a long-sta...
"I’ve got an inquisitive mind and I didn’t understand what insurance meant back then. That fuelled a big interest for me, as the more I read about it, I wanted to learn more." Chris...Feature
The Conduct of Financial Institutions Bill is set to change the way insurers ...
In September last year, consumer affairs minister Kris Faafoi unveiled plans for a new conduct regime for the financial services sector. The reforms, launched off the back of Australia’s damaging Royal Commission into financial...Feature
Intangible assets are an increasing proportion of companies’ balance sheets, already accounting for as much as 85% of the total business value across industries according to estimates. With the acceleration of digital business...
Feature
The pandemic has changed the way we distribute insurance. Now it’s for the in...
The Covid-19 crisis has profoundly affected the insurance world. Physical distancing and other lockdown measures have already shifted activities once considered critical to conduct in person to online. This change will affect...
