The insurance professionals online magazine
Feature
A good case can be made for a radical change to insurance disclosure law, from an emphasis on non-disclosure to one on misrepresentation. This was the path which the UK reform took, and this option needs an in-depth analysis. What this ...
Live News
Chinese-Kiwis can now connect more closely with AMI, as the general insurer becomes the first in New Zealand to establish itself on social network WeChat. WeChat is one of the most popular social networks in the world, with more th...
Opinion
By Garry Taylor, executive general manager, NZ
Workplace flexibility and diversity are hot topics. The antiquated 9-5 business model is no longer suitable for modern workplaces and companies that don’t embrace a new way of doing business will be left behind. As busi...
Live News
New Zealand has been ranked as the second-riskiest country in the world in a major international study released by Lloyd’s of London. The report looks at non-life underinsurance and insurance penetration data for 43...
Opinion
If your insurance broking business provides a FAS to retail clients, it will ...
Welcome to the alphabet soup of the Financial Services Legislation Amendment Bill. This bill if enacted will: • Repeal the unloved Financial Advisers Act 2008, • Amend the existing Financial Markets Conduct Act 2013...IBANZ Forum
Question… In a situation where damage is done to third-party property and our at-fault insured client undertakes the repairs to remediate, to what extent can our client legitimately recover their normal mark-up (beyond...
Feature
It’s no surprise that heavy vehicles feature frequently in road accident statistics considering their large mass. In recent years, deaths from crashes involving trucks have made up around 20% of the total road toll in New Zealand,...
Live News
New Zealand businesses are not as prepared as they should be when it comes to dealing with emerging risks, a new survey shows. Marsh’s seventh survey of risk, conducted in September across a range of Kiwi organisations,...
Live News
The Insurance Council is reassuring homeowners that they should not be unduly concerned about insurance claims being declined for homes built with steel mesh sourced from Steel and Tube. The reassurance follows the Commerce...
Live News
External disputes resolution scheme Financial Services Complaints Ltd has ticked off its busiest year yet. In its annual report, FSCL reported a 35% increase in complaints opened for investigation in the year ending June 30....
