IBANZ Forum
Question... We have a client who ships goods overseas on CIF terms, and therefore has to arrange insurance to cover the goods including when risk transfers to the purchaser. They have suffered a loss which appears to have oc...
IBANZ Forum
Question... A client was commissioned to build a steel frame on which to place a silo. Several months after it was built, the silo was filled up and the frame collapsed. It has since been found that the failure was due to ™...
Feature
By Stephen Henkin, risk management services, Vero
Lithium ion – or Li-ion – batteries are becoming ubiquitous in New Zealand homes and businesses. They’re widely used to power everything from mobiles and laptops to power tools, e-bikes, scooters and motor vehicles.&nb...IFSO Case Study
A trust held house insurance for a rental property . In March 2017, the trust made a claim to the insurer, because methamphetamine testing had shown a composite test result of 66µg, well over the threshold requiring...
IFSO Case Study
In December 2015, a trust arranged insurance on its boat with an insurer. In January 2016, a trustee of the trust was driving the boat when swells developed. He said he went over a wave and the boat landed awkwardly, there was a...
Opinion
by Crossley Gates
Insuring the same risk twice with different insurers is not as silly as it sounds. In the early days of marine insurance, insureds commonly purchased more than one insurance policy to cover the same risk in order to protect...IFSO Case Study
The best time for clients to understand how insurance works is before they might need to make a claim, says Karen Stevens, Insurance and Financial Services Ombudsman. “Advisers have a really important role in educating...
Feature
Here’s how to build up your personal brand as an independent insurance broker...
Your personal brand is about your reputation and being known for what you do. Have you heard of it? Let me fill you in. Regardless of where you are on the experience scale of insurance brokerage, or how thick your book is, you...Feature
The QBE Foundation has announced its 2019 charity partners, confirming renewed agreements with seven existing partners. The agreements include new and continuing multi-year support pledges from the insurer’s Australia Pacific...
Feature
Delta Insurance has partnered with global security leader DynaRisk to deliver a cyber-protection and insurance product for businesses and their employees and customers across the Asia-Pacific region. Delta Insurance Group...