Live News
Ombudsman advice amid New Caledonia unrest

Recent disruptions include flight cancellations

New Zealanders planning to visit or currently in New Caledonia are advised by Insurance & Financial Services Ombudsman Karen Stevens to urgently reach out to their travel insurance providers in light of current civil unrest in the r...
NZ on edge as Hikurangi fault threat looms large

Firm collaborates with 50 organisations to develop disaster response plan

The risk of a severe earthquake and tsunami from the activation of New Zealand’s Hikurangi subduction zone is substantial, according to experts.   If triggered, this geological fault – the largest in the regio...
Insurance costs drive kiwis toward underinsurance

Car insurance costs have surged by 14% for the year ending March 2024, accord...

Recent findings from a survey conducted by Interest.co.nz in March have highlighted a concerning trend in New Zealand’s car insurance market: sharply rising premiums are pushing many towards less comprehensive insurance coverage. ...
Soaring privacy concerns shake up NZ in survey

Revealed – impact of privacy concerns on New Zealanders' behaviour

As Privacy Week 2024 begins, a new survey has highlighted a notable rise in privacy concerns among New Zealanders.   The survey, conducted every two years, reflects increasing anxiety over privacy breaches and the...
NZ inflation expectations fall further

Expectations of a rate cut pick up pace

New Zealand inflation expectations fell to their lowest level in almost three years, supporting investor bets that the central bank will be able to start cutting interest rates later this year. The kiwi dollar dipped.  ...
How AI is changing the game for customer retention

Swiss Re offers a roadmap for the industry

Swiss Re has highlighted the increasing importance of advanced analytics and artificial intelligence (AI) in enhancing customer engagement and boosting sales within the insurance industry.   Recent research from the...
How to succeed as a broker in today's environment?

"The buying public has become very smart"

As a new generation of clients enter the insurance market, their evolving needs and demands require brokers to adapt and innovate continually.   Roger Marcelo, vice president of business development at Allianz, recently...
Final frontier: Is the industry ready for space?

"It sounds crazy"

“We have a couple of submissions in from companies that are looking at asteroid mining,” said Joseph Ziolkowski. “It sounds crazy but there has been a massive amount of investment into companies that are building...
"Massive need across whole distribution channel"

Award-winning startup quickly adapts in response to market demand

It’s barely been a year since insurance payment platform Simfuni rolled out its offering for brokers, and already the award-winning startup has expanded to cater to a wider clientele as a result of the market’s response to...
Flood action group demands new cover

A lack of insurance for partly damaged but structurally sound homes is one of the biggest problems affecting people recovering from floods and a new kind of cover should be developed, an action group says.   Insurers deem...

Knowledge Base

Where members can access industry Resources & Media Content


Click here