FSCL Case Study
Underinsurance and sum insured
Underinsurance is a big issue in New Zealand. A 2016 Treasury report stated up to 85% of homes could be underinsured by an average of 28%. Across New Zealand, underinsurance of homes is worth an estimated $84 billion. Whil...Feature
By Insurance Council of NZ
Last year, the Insurance Council of New Zealand (ICNZ) advised MPs that taxing insurance policies to pay for Fire and Emergency New Zealand (FENZ) was unfair, costly, complex and eventually unsustainable. The previous Government ploughe...Feature
Traditionally, tangible assets such as plant and machinery have been value drivers for businesses and they determined competitiveness of a company in the market. However, in the last few decades intangible assets have b...
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There’s never been more focus on efficient and personalised service than there is today. Breaking news, live updates and instant messaging means we’ve all come to expect instant access to information. Today’s customers...
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It is normal practice for a residential property inspection, commonly called a builder’s report, to be requested before a prospective purchaser decides to settle the offer of purchase. The important question is, how can one be...
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A new regulatory focus
Insurers and insurance intermediaries in New Zealand are under intense scrutiny by regulators, the media and customers as the Australian Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry...Opinion
By Garry Taylor, executive general manager, NZ
Workplace flexibility and diversity are hot topics. The antiquated 9-5 business model is no longer suitable for modern workplaces and companies that don’t embrace a new way of doing business will be left behind. As...Feature
ADAS or Advanced Driver Assistance Systems is a collective term for the various technological enhancements present in many modern vehicles. These technologies aim to enhance both driver and vehicle safety. Often Advanced...
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A good case can be made for a radical change to insurance disclosure law, from an emphasis on non-disclosure to one on misrepresentation. This was the path which the UK reform took, and this option needs an in-depth analysis. What this...
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It’s time broker businesses went social - by Nichole Brown
With the growth of social media and the dominance of online businesses, building your brand online should be a part of any successful business model and strategy. Insurance isn’t a typically social business, but social media can...
