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IBANZ Forum
Question... A client owns a property in Christchurch. The building suffered some minor damage in Christchurch earthquakes and claim was cash settled . The damage was assessed as plaster and painting only. The tenant now h...
Feature
A sea change in pricing property insurance by Andrew Horne and Olivia de Pon...
New Zealand’s largest property insurer group recently announced a move towards more risk-based underwriting for property and contents insurance in areas considered prone to natural disasters. These changes will result in premium i...IFSO Case Study
A client held vehicle insurance with the insurer for his tractor. He made a claim, because a clutch circlip dislodged inside the tractor and became caught in the tractor’s transmission, requiring nearly $18,000 of repairs. Th...
Live News
Insurance giant IAG New Zealand has been lauded for its employee-led initiative encouraging the use of te reo MÄori within the company at the 2019 Diversity Awards NZ™. The Te Reo Talk programme received a highly commended...
IBANZ Forum
Question... I have a company who is constructing a building in their own name. They have arranged contract works insurance, but have also asked about defective workmanship. As the building is owned by them, I advised they could...
Live News
Four changes to the Earthquake Commission (EQC) Act have come into effect this year. They are part of an overall push to put in place the lessons learned from recent event responses including the Canterbury earthquakes. The changes...
PIQ College
This year’s Women in Insurance Broker of the Year winner, Faith Owens from ...
How did you come to be a broker? I started my career working for AA Insurance in Penrose many years ago, and then carried on working in insurance in London in the early 2000s. This included a stint at loss adjusting...IBANZ Forum
Question... Our client's general liability policy contains the following exclusion: "Building defects alleging, arising directly or indirectly out of, or in respect of: 2.1 the failure of any building or structure to...
Feature
Take a tip from Jeff Bezos and worry less about what others are doing. By Lo...
Jeff Bezos is not without fault. Yes, he’s the wealthiest human on the planet, and while I can’t confirm where he spends his money, it is hoped he chooses to do some good with it. Regardless of whether his moral compass...
