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IBANZ Forum

Supply of goods inclusion in PL

QUESTION: We have a client who was engaged to renovate a home. This involved replacing some flooring with secondhand tawa flooring to match existing. The flooring was purchased from a dealer but once laid and sanded back was foun...
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Opinion

When does an exclusion for a ‘deliberate actâ...

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: Liabi...
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Feature

Delta insurance appoints experienced global ins...

Delta Insurance (New Zealand) Ltd has appointed Adrian Sweeney as Underwriting Manager for their liability and speciality lines insurance business in New Zealand. British-born, Mr Sweeney has almost four decades’ experience i...
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Feature

COVID-19 insurance issues from around the world

Nick Frith and Thomas Leggat, Minter Ellison Rudd Watts

The scale of the COVID-19 crisis made it obvious that the pandemic, and the public health measures it prompted from governments, would have major implications for the insurance world.  Responding to an unprecedented disruption in...
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Feature

Aon-Willis Towers Watson merger called off

Broking giants Aon and Willis Towers Watson have called off their $US30 billion merger, blaming US regulators for blocking the mega-deal. The two international broking and advisory groups scrapped plans to combine after running...
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Feature

IAG profits fall

IAG, the owner of State, NZI, and AMI, recorded a drop in New Zealand profit in the year to June as claims volumes increased. The New Zealand business remained highly profitable, however, with strong customer retention and premium...
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Feature

New-look Natural Disaster Response agreement

A new National Disaster Response scheme has been created which will see insurers become a single point of contact for disaster-related claims. Insurers and the EQC have confirmed a deal which will see all claims handled by private...
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Feature

Playing the long game

Murray James talks about his cricketing days and how he got off the mark in t...

Wellington born and bred NZI Corporate Manager Murray James has been in the insurance industry for almost 30 years, and he’s proud to say he’s in it for the long term. What started with a ‘foot in the door’...
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Advertorial

Insurance Advisernet celebrates milestone anniv...

This month marks 15 years since Insurance Advisernet entered the New Zealand general insurance broker market. Founder David Crawford takes us back to those early days and general manager Travis Atkinson, who joined the business in...
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Feature

Suncorp appoints Andrew MacFarlane as CFO

Suncorp New Zealand has appointed Andrew MacFarlane as its new chief financial officer. MacFarlane joins in September from ANZ, where he has spent the last 25 years in finance roles including in its institutional division, retail...
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