The insurance professionals online magazine
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 &ldqu...
IBANZ Forum
QUESTION: Insured sold their pleasurecraft a year ago, the purchaser has not paid the full amount (will pay remainder later) but essentially owns the vessel. The vessel continued to be insured because the client assumed that...
PIQ College
In October, Professional IQ College welcomed new CEO, Simon Casford. A business leader who has been at the helm of change, innovation, and growth many times, Simon brings extensive experience in the education sector, having held st...
Feature
Garry Taylor, executive general manager for NZI, on New Zealand’s weather a...
According to research published in the journa lof Nature Climate Change, at least 85 percent of the world’s population has felt the effects of our changing climate. As countries around the world report...Advertorial
New windscreen book online solution available for broker partners now
Alongside our broker partners, we’re committed to delivering exceptional customer service that is quick, easy, and convenient. We know how frustrating it can be for clients when they get a windscreen chip, and that’s...IFSO Case Study
Through a financial adviser, a couple held insurance on a rental property. In June 2020, the couple discovered that their rental property had been damaged by methamphetamine contamination. They made a claim through their financial...
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."...
IBANZ Forum
QUESTION: Our client has a shared fence with a neighbour. The fence blew down during some of the big storms. Our client provided a quote to their insurer that stated repairs costs and replacement costs. Their Insurer...
Opinion
It is fundamental to all insurance that it only covers a fortuity – that is, a loss that is accidental from the insured’s point of view. So, how are the courts to interpret a liability policy that excludes:...
