Latest Articles

Feature

Kiwi businesses don’t understand cyber-risk

Cyber-risk is high on the agenda for many New Zealand businesses however few are very confident about understanding, or responding to a cyber incident, a new global survey shows. Many also do not comprehend the risks their supplier...

Feature

Armstrong farewells IAG after five decades

By Michael Botur

He started in insurance in the time of telexes and telegrams but even in today’s digital world, IAG’s outgoing executive general manager of risk and underwriting says you can’t beat the human touch. Armstrong reti...

Feature

Insurers look at nitty gritty

Move to granular pricing part of bigger shift for industry. By Angela Cuming

Tower Insurance will soon start pricing premiums based on how at-risk residential properties are to all ''natural perils'' in a move experts predict will shake up the local insurance industry and encourage other companie...

Live News

Liquidation recommended for CBL

Administrator KordaMentha has recommended CBL Corporation be put into liquidation. They stated in a creditor report that the company, parent of CBL Insurance Europe and CBL in New Zealand, had not put forward any restructuring...

Live News

Roboadvice begins

New Zealand’s first roboadvice offering has been given the green light. The Financial Markets Authority began accepting applications at the end of February from providers who wanted to offer digital personalised financial...

Live News

Marshmallow victory

Fintech start-up Marshmallow has won a trademark battle with Marsh. Marsh had tried to block its use of the name. But the British Intellectual Property Office rules that the two words would be well-known to the average...

Live News

Open claims found

The Earthquake Commission (EQC) has found an extra 949 open insurance claims from the Christchurch earthquakes, bringing the total number up to 3617, it has been reported. Five of the claims have not been worked on, Stuff reported....

Live News

Comparison site crunches insurance numbers

Auckland residents are paying higher car insurance premiums than people in the rest of the country, research shows. Financial product comparison website Moneyhub released a report that found a wide range in prices for car...

Live News

London calling

Lloyd’s Insurance broker Alan Rixon has been employed by Harman Kemp North America as head of its international department, to help develop its thrust into other territories outside of North America.  Rixon had...

Live News

Start-up manages broker payments

A New Zealand start-up is promising to make it easier for insurers to reconcile broker premium payments. Grappler co-founder Colleen MacCarthy said many insurers were still working with manual systems but there was scope to...

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