The insurance professionals online magazine
IBANZ Forum
Question... Our client had a car that was insured in his name stolen. The claim was recently settled by payment to his nominated account. His wife has now asked for details of the settlement as she says she is entit...
PIQ College
To a certain extent we all have expectations about future events or occurrences which are in part formed by our beliefs and experiences. If you have not studied by distance learning before you may have some unreal expectations.&n...
IBANZ Forum
Question... A client owns a property in Christchurch. The building suffered some minor damage in Christchurch earthquakes and claim was cash settled . The damage was assessed as plaster and painting only. The tenant now h...
FSCL Case Study
In early 2018, the insured’s jet ski stopped working. He took the jet ski to his usual repairer, but they were at capacity, and could not take on the repairs. They recommended another repairer, who was performing repairs...
Live News
A relatively benign year for weather has helped to boost Suncorp New Zealand’s bottom line. The insurer announced net profit after tax of $261 million for the full year ended June 30, up 76% on the prior corresponding period....
IFSO Case Study
An insured held insurance on his contents and vehicle. In July 2018, a sequence of events started, which included the taking of the vehicle, and a number of burglaries of the contents. The client reported the...
Feature
Cyber threats aren’t just from hackers outside your business.
The greatest threat to your company and network is not the hackers and crackers on the outside trying to get in but your own employees who want to cause mischief or who inadvertently cause damage from within. A determined...Feature
The Court of Appeal says no to an assigned claim by Andrew Horne and Olivia ...
The Court of Appeal recently delivered judgment in Doig v Tower Insurance, the latest in a series of assigned material damage claims. We covered the High Court decision last year. This decision is relevant to all material damage...IBANZ Forum
Question... Our client's general liability policy contains the following exclusion: "Building defects alleging, arising directly or indirectly out of, or in respect of: 2.1 the failure of any building or structure to...
