The insurance professionals online magazine
IBANZ Forum
QUESTION: A client lives in an upmarket suburb and their house is up a long driveway some 80m+ long and not visible from the street front. Our client was having a number of guests around and as a result left his keys in his vehic...
Feature
Andrew Horne and Nick Frith, Minter Ellison Rudd Watts
On Christmas Day last year, the Reserve Bank of New Zealand suffered a cyber attack. The attack involved a malicious actor gaining access to a third party file sharing application named Accellion FTA, which the Reserve Bank used to stor...IFSO Case Study
A massive storm caused damage and flooding to an insured’s house. One of the insured, who was undergoing cancer treatment and immune-compromised, was concerned about living in a damp, damaged house. The insurer acc...
Opinion
For as long as there are insurance products, there will be fraudulent claims. This seems certain. We revisit the law relating to fraudulent claims and draw attention to one recent development in this area. Historically, there...
FSCL Case Study
A client arranged travel insurance for her holiday in Spain through an insurance broker. The broker asked her about the details of her holiday and whether she had any pre-existing medical conditions. The broker did not ask whether...
Feature
Andrew Horne and Nick Frith, Minter Ellison Rudd Watts
Class actions, which under our current rules, are representative actions, are now firmly part of the New Zealand legal landscape. They are also of significant interest to insurers, both in terms of their own potential exposure (e.g....FSCL Case Study
In 2020, two small business owners began to suspect that their former insurance broker had charged them fees without telling them. When they first placed their insurances through the broker in 2016, the broker sent them a bundle of...
Feature
With quarter of a million mental health-related workplace insurance claims ac...
The time for taking mental health in the workplace seriously has passed. It is now vital for employers to be taking active action on addressing the mental health challenges their workforce faces. Why? Because of the prevalence of...Feature
Insurance group PSC has hired a senior executive from Allianz to run the group, which includes broker network PSC Connect. ASX-listed PSC Insurance Group has appointed David Hosking to the new role of CEO PSC Australia and New...
IBANZ Forum
QUESTION: We have a client who has had two areas of netting damaged, one area slashed and cut, and another just further along has had a section slashed and cut out and the netting taken. The netting is designed to stop...
