The insurance professionals online magazine
Feature
By Joanna Mathers
The founders of NZI (then New Zealand Insurance) were unlikely to have foreseen a future when insurance advice came via the mouth (or, rather, speakers) of robotic advisers. In fact, when the company was established in 1859, the word &l...Live News
A code of conduct for financial advice has been approved by the Commerce Minister and will come into effect in about nine months’ time. The code sits alongside the new advice legislation, which creates a level playing field f...
IBANZ Forum
Question... A claim has been lodged, accepted and paid for by the insurer. An uninsured third party reversed into the customer's parked vehicle. The uninsured driver was identified. The insurer has established liability ...
PIQ College
The financial services sector has been overwhelmed lately with legislative change, tightening, loosening and then tightening of regulatory lending policies, housing boom bust cycles and now FSLAA, the code of conduct, insurance contract...
FSCL Case Study
The clients were a couple who lived in a remote part of New Zealand, running a building business as well as a bed-and-breakfast. They arranged liability insurance for their business, as well as material damage insurance for their...
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...
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....
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...
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...