With Canterbury now moving into a period of milder weather, claims have started coming in thick and fast for insurers, who are beginning to assess the extent of the damage done to customers’ properties and land. Commenting on...
Insurance policies, particularly directors and officers policies, often contain an exclusion for deliberate or wilful acts. These exclusions reflect the common law position that an insured cannot recover in respect of a loss that they d...
The importance of brokers interacting with clients is the focus of a special podcast put together by Insurance News and Vero. The feature is the first in a three-episode series on Vero's SME Insurance Index report, which marks ...
Insurers have deployed their support teams into the Canterbury region, which has been hit with heavy flooding, rain and swollen rivers - and they are actively working with the Insurance Council of New Zealand ( ICNZ ) and the Civil...
The global spread of COVID-19 and the resulting lockdowns have caused increases in several mid-market risks, which businesses ought to identify and address in order to survive in the currently challenging economic environment....
With adviser groups now turning their attention towards full licensing, compliance experts are warning against submitting an application too early - something they say could lead to a longer process and more regulator scrutiny, if the...
A Court of Appeal decision which found that the directors of Mainzeal had breached director duties may have significant implications for the future of director and officer liability disputes, according to lawyers, who say that it may...
Analysing earthquake risk levels is a vital piece of risk assessment for any business with property in New Zealand, though, up until now, most readily available assessment tools focused exclusively on ground shaking - something...
As insurance advisers know all too well, risks evolve over time, interconnecting and affecting one another. But some of these patterns have appeared at an unprecedented pace. To get a sense of where the insurance markets are...
The manufacturing sector has been shaken by the COVID-19 crisis, which has buffeted the global supply chain and forced businesses of every size to rethink their operating models. While various manufacturing businesses have been impacted...
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