The insurance professionals online magazine
Feature
Rising sea levels may be the most predictable outcome of climate change, but...
The efforts to combat climate change have begun in many corporate sectors around the world, and here in New Zealand that effort has been led by the insurance industry as it grapples with what to do when coastal properties beco...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...
FSCL Case Study
A client engaged a tiler, to assist with a bathroom renovation. The tiler engaged a subcontractor to complete one aspect of the renovation. Unfortunately, the clients were not happy with the standard of the subcontractor’s wo...
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...
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...
Live News
A review of insurance contracts law wants to tackle issues of non-disclosure. Submissions are currently open on an options paper that sets out the Ministry of Business, Innovation and Employment’s plans to revamp the laws...
Feature
It would be fair to say that Oliver Jepson, NZI’s national motor manager - corporate and fleet, lives and breathes all things motor. “I've been obsessed with cars my whole life, so it’s awesome that the focus...
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...
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...
