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Stories
The Insurance Council says Cyclone Fehi has already cost insurers almost $38.5 million. It hit New Zealand on February 1, causing widespread wind damage and flooding in exposed coastal towns. States of emergency were declared ...
Stories
IAG New Zealand has announced the retirement of Karl Armstrong after 47 years with the company. The acting executive general manager of the firm will step down on May 31. Chief executive Craig Olsen said Armstrong had enj...
Feature
NZI has put together a cyber security tips and best practice self-assessment for New Zealand businesses, in conjunction with Deloitte. NZI’s national manager, liability, Ryan Clark said there was a real need for busin...
Feature
Code of conduct proposals too strict on qualifications, industry associations...
Large numbers of general insurance brokers could leave the industry if proposed new qualification standards are brought in, IBANZ has warned. The working group developing the new code of conduct for all financial advisers has...IFSO Case Study
In August 2011, through a broker, a company arranged business insurance on its shop. Due to the recent Canterbury earthquakes, the insurer excluded cover for loss due to earthquakes. About 18 months later, it...
Stories
Michelle will be heading the vehicle glass repair and replacement business as...
Congratulations on your appointment. Please tell us about your background. Thank you, I’m thrilled to be part of the Smith&Smith® and Laser Plumbing & Electrical team. My background is in service-based...Live News
Administrator KordaMentha has recommended CBL Corporation be put into liquidation. They stated in a creditor report that the company, parent of CBL Insurance Europe and CBL in New Zealand, had not put forward any restructuring...
Live News
Fintech start-up Marshmallow has won a trademark battle with Marsh. Marsh had tried to block its use of the name. But the British Intellectual Property Office rules that the two words would be well-known to the average...
Feature
Move to granular pricing part of bigger shift for industry. By Angela Cuming
Tower Insurance will soon start pricing premiums based on how at-risk residential properties are to all ''natural perils'' in a move experts predict will shake up the local insurance industry and encourage other...
