The insurance professionals online magazine
Feature
Suncorp New Zealand saw profits drop by 34.9% in the six months to December due to a sharp increase in severe weather events. Post-tax profit fell to $84 million in the half-year due to a series of flood events and declining ...
FSCL Case Study
A business owner runs a small construction company. As their business grew they contacted an insurance adviser to take out public liability insurance. The adviser sent through the policy documents, invoice and a form requesting fur...
Feature
Cyber insurance to protect against cyber bullying and other personal risks ha...
Q. Why is personal cyber protection insurance necessary? Laura Murray: Because, unfortunately, cyber-crime is on the increase globally, and the COVID pandemic has only served to worsen that. As more people work from home ...
Feature
Law firm Wotton + Kearney has promoted cyber, privacy and data security specialist Joseph Fitzgerald to partner. Fitzgerald advises large sporting, health, education and infrastructure bodies, as well as SME and non-profit...
Humans of NZI
Meet Chris Hughes, NZI’s new Executive Manager, Broker and Specialist Claim...
Born in London, raised in Hawkes Bay and proud Waiwera Valley resident, Chris Hughes, executive manager broker and specialist claims, started in the insurance industry 33 years ago and has recently come full circle. After an...Feature
New Zealand has introduced a law forcing financial institutions, including insurers, to disclose their climate-related risks. Climate change minister and Green MP James Shaw said the disclosure regime would make New Zealand a...
FSCL Case Study
Person A runs a small business importing farm machinery and selling it to New Zealand farmers. The machinery is complex so as part of the sale, the insured’s business also installs the machinery and sets it up to the...
IBANZ Forum
QUESTION: Policy exclusion: "This policy does not insure loss to or liability arising from any insured vehicle while it is being driven by any person who is under the influence of any intoxicating substance or drug."...
Opinion
By Crossley Gates and Frank Rose, Keegan Alexander
One of the insurance industry’s best innovations in New Zealand has been the introduction of the Statutory Liability Policy in the 1990s. Even today, more than 20 years later, there is no insurance policy quite like it elsewhere...
