The insurance professionals online magazine
Feature
By Tim Grafton
To understand what is happening to insurance in Wellington, it’s worth reflecting that the November 2016 Kaikõura earthquake caused about $1.5 billion of insured losses in the city. That’s from an event with an epicen...Live News
People are saying they want to see more empathy, transparency, relevant expertise, quality assurance around assessments and repairs, and greater timeliness with claims, in feedback so far to the public inquiry into the Earthquake Commis...
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 themsel...
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...
Live News
Insurers are backing the Government’s Climate Change Response Amendment Bill. Governments will be required to reduce biological methane by at least 10% by 2030 and between 24% and 47% by 2050. All other...
Live News
AMI is reviewing aspects of its nationwide network of retail stores as customer preferences change. Alex Geale, executive manager of the AMI retail network, said it was the biggest of any insurer in New Zealand and that was not...
Live News
QBE Insurance and road safety organisation Brake are encouraging businesses and motorists to embrace New Zealand’s dash cam usage trend, citing the devices’ significant potential insurance, financial and safety benefits....
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...
Live News
The Government will review how Fire and Emergency New Zealand (FENZ) is funded, a move that is being welcomed by the industry. The FENZ levy has been controversial for many years. In 2017, the fire service levy for...
Live News
Many New Zealanders are missing basic knowledge about their vehicle insurance policies, a new survey suggests. Canstar research showed New Zealanders spent an average of $801 a year on their policies but while 87% said they...
