Feature
The global insurance and reinsurance industry is expected to avoid major financial repercussions from the internet service disruption caused by a faulty security software update from CrowdStrike, according to Fitch Ratings. I...
Feature
We are excited to announce the appointment of Jai Singh as the National Manager IT NZ at PSC Connect. Jai joins us with an impressive 15 years of experience in the IT industry, including 12 years at QBE where he held various...
Feature
IBANZ offers a range of CPD from quality presenters who specialise in providi...
June 2024 June 18 TOPIC: Indemnity – demystifying the process PRESENTER: Chris Shannon & Sean McIntyre - Duncan Cotterill It can be an uncertain time for any client when their insurer tells them...
IBANZ Forum
QUESTION: Insurer has declined a claim on the pool due to the hydrostatic pressure. Details of events: 1. Dec 21: Pool is emptied and checked by pool specialist for painting. Hydro...
IBANZ Forum
QUESTION: The claim involves a customer's benchtop. The customer wishes to claim against the Insured for a new benchtop. The Insured installed the benchtop two years ago at their customer's house. The Insured advised...
FSCL Case Study
Peter* owned a franchise business, which had a number of insurance policies (material damage, public liability and commercial vehicle cover) arranged by a broker. In mid-2021, Peter was looking to change insurers because he wanted to...
IFSO Case Study
Ani* made a claim on her mechanical breakdown policy when her car’s transmission failed. However, her claim was declined because she had breached the service requirement condition in her policy. This condition required Ani to...
Feature
More than 55% of drivers have admitted to being distracted on the road, while 21% say they have driven under the influence of drugs or alcohol, according to an AMI survey. The insurer’s national survey found that mobile...
Appointments
Lockton New Zealand has appointed Michael Harrow as head of corporate risk, stepping into the role vacated by new CEO Craig Buckle. Lockton said Harrow’s appointment reflected the firm’s “continued ambition...
Appointments
IAG New Zealand CEO Amanda Whiting confirmed the appointment of Rachael O’Brien as chief risk officer. O'Brien has been serving in the role on an acting basis since July 2023, when the insurer’s executive team was...
