The insurance professionals online magazine
Feature
By Jemimah Giblett, solicitor, Maria Collett-Bevan, senior associate, and Kar...
Financial Services Legislation Amendment Bill (FSLAB) The FSLAB remains before the Committee of the Whole House for consideration and is expected to be progressed during the first quarter of 2019. However, it is possible that the...Live News
Tower Insurance says its surveys show 70% of people across New Zealand believe that risk-based pricing is a fair way to pay for insurance. Five hundred people were surveyed, with 73% of those from Auckland saying that ris...
IFSO Case Study
A family trust owned a house. The trustee of the trust was a trustee company. The directors were a couple and the woman’s mother. The trustee company arranged insurance for the house through its financial ad...
Feature
New products available to insurance brokers in 2019 are a sign of the times, ...
Cyber cover is here; crypto still to come Great technology comes with great responsibility, and the insurance industry calls this “emerging risks”. While self-driving cars aren’t quite in New Zealand...IFSO Case Study
Twenty-four years of insurance complaints reveal the prima facie claim is still a mystery to many clients, and the Latin probably doesn’t help. A prima facie claim is what the insured must prove in the first instance - that...
IBANZ Forum
Question... In a situation where an insurer makes an ex-gratia payment to their client under a material damage policy, does the insurer still obtain the right to subrogated recoveries against a liable third party?...
Live News
State Insurance responded to 1300 Roadside Assistance callouts across the country just over the Christmas and New Year period. Almost half of those were related to the vehicle battery. The most common problem was batteries being...
Feature
Recent apartment and factory fires around the world, resulting in millions of dollars’ worth of property loss and in some cases, the loss of life, have resulted in a worldwide debate over the safety of insulated panelling....
Live News
Homeowners can now access more information about a property’s previous Earthquake Commission claims. The Government’s Earthquake Commission Amendment Act empowers EQC to share more information about previous claims on a...
Live News
Suncorp’s general insurance business has reported a 100% profit jump. Suncorp Group reported net profit after tax of A$250 million ($260m) for the six months to December 31. Its New Zealand business pulled in $120m, up...
