IBANZ Forum
Employee or contractor? Question My client owns a transport company. One of their "employees" is employed on a sub-contracting basis, invoicing the company each month for his hours. He does not work for anyone e...
Stories
After ticking over five years since establishing in New Zealand PSC Connect h...
After ticking over five years since establishing in New Zealand PSC Connect has been a remarkable success story. With 35 Member Broker businesses throughout New Zealand dealing with $30mill GWP they continue to provide an outstanding op...Stories
Latest news .... from local to international stories
Insurers on track Private insurers are on track to meet their target of having the majority of Kaikoura earthquake settlements complete by the end of the year, the Insurance Council of New Zealand said. They have fully settl...
Opinion
By Crossley Gates
There are two pieces of legislation that directly govern the legal relationship between insurers and intermediaries: Insurance Intermediaries Act 1994 and section 10 of the Insurance Law Reform Act 1977. The Insurance...Insurance
Brokers can forge an advantage with commercial property developers by offering faster and simpler insurance for their projects. Developers embarking on new projects are on the stressful incline of a potentially risky ride....
Insurance
By Dylan Marsh
Consider that, in 2012, there was a cost of 31c for every dollar of net premium earned. By 2016, this had risen 14% to 35c – an increase of $180 million for the industry. At the same time, the insurance industry faces...Insurance
By Rebecca Sellers
In May 2017, the results of New Zealand’s latest financial health check were published. The International Monetary Fund (IMF) found that New Zealand did not meet international standards for regulating intermediaries or...Insurance
As the most experienced in-house commercial motor repair insurance team in the country, the NZI Commercial Motor Repair Management team use their expertise to get customers back on the road again, faster. “After a...
Insurance
The review of the Insurance (Prudent Supervision) Act 2010 is progressing in ...
In a recent Feedback statement, the RBNZ indicated that the 42 submissions received gave rise to a number of issues that would be the subject of ongoing attention and consideration over the next 12 - 18 months. The...
