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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 ...
PIQ College
Quick Checks from PIQ
For many Fire & General advisers, attaining the New Zealand Certificate in Financial Services Level 5 (NZCFSL5) has either been ticked off the list or is well underway. Which is a great place to be some 16 months before the competen...
Feature
Travel insurer Allianz Partners has formed a strategic partnership with Jettzy, the first with an online travel agent operating out of New Zealand. Travel insurance issued and managed by Allianz Partners will be integrated into...
IBANZ Forum
QUESTION: The client had a mutual agreement to swap his vehicle for another vehicle with a third party. However, a disagreement broke out, and our client’s vehicle was taken with the keys and was left with no vehicle....
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...
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...Feature
Liam Pomfret, AIG's Head of Cyber & Professional Indemnity, Asia Pacific, tal...
Are cyber attacks on the increase in New Zealand? If you read the media, it points towards that. From AIG’s perspective, our cyber claim count in New Zealand has been increasing each year, as it has in other...IBANZ Forum
QUESTION: We have a client who rented a home for a commercial shoot. The shoot was over two days, after the shoot the owner noticed several areas of damage after the shoot. The Insurer wants to apply a separate excess to...
