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Insight & analysis for
New Zealand insurance.

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Latest Articles

Feature

NZI marks 160 years

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...
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Live News

IAG gets DVFREE Tick and stands up against dome...

IAG is being awarded the DVFREE Tick by Shine, New Zealand’s specialist anti-domestic violence non-profit organisation, demonstrating its commitment to creating a domestic violence-free workplace where staff can feel safe and supp...
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Live News

Insurance laws under spotlight

A review of insurance contracts law wants to tackle issues of non-disclosure. Submissions are currently open on an options paper that sets out the Ministry of Business, Innovation and Employment’s plans to revamp the laws tha...
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Live News

Insurers praise climate move

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...
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FSCL Case Study

Communication breakdown

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...
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IFSO Case Study

Failing crank shaft

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...
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Live News

New Zealanders don't understand insurance: Canstar

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...
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Live News

Suncorp expands AA partnership

The AA and Suncorp have reached a new agreement to explore how both organisations can expand their financial service offerings. AA chief executive Brian Gibbons said it had always been the AA’s aspiration to look at how it...
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Feature

New insurance products virtual and intangible

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...
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IBANZ Forum

Partial replacement

Question... Our client has had one rim damaged after a stone was lodged between the brake calipers and the rim. The client has not been able to buy the same rim as they have been discontinued so has had to purchase a brand new...
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