Latest Articles

Opinion

When does an exclusion for a ‘deliberate act’ a...

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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Claims teams - the human face of insurance

Claims is a people business, writes Dr. Dexter Morse, former Director Global Insurance & Risk Management at the International Air Transport Association (IATA). There are so many lessons to be learned from the claims department. ...

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Vero urges Canterbury farmers to use mental hea...

Vero Insurance urged customers affected by flooding in Canterbury to use the mental health benefit on their rural insurance policies. “The flooding in Canterbury is having a significant impact on our rural insurance customers...

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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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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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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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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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Climate change prompts risk-based pricing revol...

More than ever, underwriters are moving towards risk-based pricing. Brokers n...

Insurers in New Zealand are under increasing pressure to avoid over-exposure to natural catastrophes in high risk regions and coast lines up and down the country. As a result, risk-based pricing has come to the fore as underwriters look...

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Q&A Vero on the National Disaster Response Model

Covernote asks Vero executive manager for specialty claims Matt Williams abou...

How long have insurers and the EQC been in discussions to create this scheme? The new Natural Disaster Response model is something that has been evolving over a number of years. Since 2016 Vero Insurance has been working...

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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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Cyber threats, insurance and the legal response

Andrew Horne and Hannah Jaques, Minter Ellison Rudd Watts

Cyber-attacks on businesses and other organisations are both increasingly common and increasingly damaging. It is no longer a surprise to read a news or business website and learn of a cyber-attack that has caused significant disruption...

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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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Over 25% reduction in vehicle accident rates ac...

Revolutionary technology from global risk management innovator, eDriving, has forever changed the way driving is measured, reported and improved. MENTOR by eDriving is a state-of-the-art digital driver risk management app that uses...

PIQ College

The clock is ticking

For those of you yet to commence your qualifications under the new FSLAA regulations, the clock is now truly ticking. The alarm goes off on the 15th March 2023, and if you haven’t got your qualification by then you cannot give...

PIQ College

Scholarship recipient commits to the task

Professional IQ College provided an award late last year to Ivana Vink, the winner of the last KWT Scholarship.  The winner had 12 months to take up the Scholarship to undertake the College programme leading to the New Zealand...

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