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New Zealand insurance.

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Latest Articles

IBANZ Forum

Bottling company hits trouble

Question: The insured is a contract bottling company. That means they take other parties’ manufactured product and perform, under contract, the bottling and labelling of that product.  Once the product has been bo...
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IBANZ Forum

Marine Cargo excess

Question: My client had a vehicle he imported transported to his premises by a transport company. The vehicle arrived damaged (scratch on bodywork) and he has made a claim against the transport company (The Company) who have...
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Opinion

Natural Hazards Insurance Bill looms

Keegan Alexander partners Crossley Gates and Frank Rose explain changes arisi...

The Natural Hazards Insurance Bill repeals the Earthquake Commission Act 1993 (EQC Act) and replaces it with the Natural Hazards Insurance Act 2022. The intended commencement date of the new Act is the later of: • &n...
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Feature

Insurance Contracts Bill: what you should know

Changes to insurance contract law likely to mean more work for brokers, write...

It represents the most wide-ranging changes ever proposed for New Zealand’s insurance contract law. Now, the much-anticipated reform is another step closer with the release of the draft Insurance Contracts Bill. In...
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Feature

IAG launches Weather Tracker

IAG has launched an online tool to provide weather-related claims data to help customers prepare for severe events. The owner of AMI, NZI, and State Insurance has launched Wild Weather Tracker, a new digital tool to help New...
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Feature

NZ catastrophe losses way above long-term avera...

Aon’s latest Weather, Climate and Catastrophe Report revealed 10 catastrophe events in New Zealand last year caused losses of $322.5 million. The figure was a significant increase on the long term average of roughly $70...
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Humans of NZI

From fishing to phishing, and everything in bet...

Introducing NZI’s Underwriting Liability and Cyber Manager, Andy Beven, who...

Adventure. Speed. Challenge. These are the three things that get Andy Beven, NZI’s Underwriting Liability and Cyber Manager, up and out of bed in the morning. Not only for the role he plays in protecting businesses against cyber...
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IBANZ Forum

Duty of care dilemma around rogue landlord

Question: The Landlord has a meth claim. Insurer has accepted claim and paid a cash amount based upon a cleaning quote.  Insured / Landlord has told us they will be keeping the money and not cleaning the property. The...
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Feature

Remembering.....Robyn Gosden

The insurance industry has paid tribute to long-serving IBANZ employee Robyn ...

The much-loved IBANZ employee had worked for the organisation since its formation in 2005, and was responsible for arranging a host of industry events. Tributes flooded in from across the market, led by IBANZ chief...
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Feature

Delta Insurance opens Australia office

New Zealand underwriting agency Delta Insurance has opened its first office in Australia, as the fast-growing liability insurer looks for new clients across the Tasman.  Delta already operates in Singapore, becoming the first...
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