Stories
Like many other New Zealand rural women, for Debra Cruickshank, growing up in the country was all about putting your boots on and rolling up your sleeves. “Work was a seven day-a-week job on our Tannacrieff farm in the ...
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by John Lucas, Insurance Council of New Zealand
We may all be aware of smart buildings that can automatically control lighting, water, heating and ventilation to reduce operational costs and maintain a comfortable working environment. Increasingly, smart building technology is also u...
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New rules mean insurance brokers have an extra duty of client care.
You work hard to do your best for your clients. But are you putting your clients’ interests first? As part of the new rules coming into force for all financial advisers as part of the Financial Services Legislation Amendment...Stories
New Zealand needs to put processes in place to deal with the impact of climate change, the Insurance Council says. The first storm of 2017, in early January, is likely to cost insurers more than $27 million. It caused flooding...
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In the current boom time of a growing Kiwi construction market, brokers can forge an advantage with commercial property developers by offering faster and simpler insurance for their projects. Developers are embarking on new...
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New Zealand’s big risks this year are natural catastrophes, extreme weather events and large cyber attacks, a new report suggests. The World Economic Forum has put out its latest Global Risks Report for 2018. The report...
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Minter Ellison Rudd Watts lawyers examine recent insurance court cases – and ...
Assignment of claims A recent decision by the High Court concerns the assignment of full replacement insurance claims. Unusually, rather than the issue being whether the insured could assign the replacement value of the...IFSO Case Study
In 2002, the insurer insured his house with an insurance company. In November 2009, he discovered that a water supply pipe in the wall cavity behind the shower had burst. He turned off the mains water valve and contacted the...
IFSO Case Study
The insured held a house insurance policy with P. In August 2009, they arranged for the insurance to be changed into the name of a family trust they had formed. In February 2011, a significant earthquake struck Christchurch,...
