SPOTLIGHT ON
Feature
The next silent risk for New Zealand businesses
Gallagher’s global insights identify AI liability as the next ‘silent risk’ for businesses, mirroring the early stages of cyber risk, where exposures existed long before they were fully understood or explicitly covere ...Feature
More than 95% of average data breach losses and 90% of average first-party losses are adequately covered by insurance, according to the latest report published in Australia by Willis, a WTW business (NASDAQ:WTW). The report, Cyber cla...
Advertorial
A different way to think about partnership
Independent insurance brokers are under more pressure than ever. Compliance requirements keep growing, underwriters want more data and reporting, clients expect faster service, and staff recruitment, training and retention is a challeng...Feature
AMI is urging New Zealand households to stay vigilant, as new data shows most lithium-ion battery incidents stem from unsafe charging. AMI Executive General Manager Claims, Steph Ferris says the data shows just how quickly things...
Feature
The insurance industry is in the grip of a familiar tension. Carriers are pouring capital into AI-driven automation, promising faster underwriting, smarter claims handling and leaner operations. And yet, as Aon's Chief Executive...
Feature
Allianz Commercial plans to transfer its standalone commercial cyber insurance portfolio to Coalition under a multi-year global arrangement that will make Coalition its exclusive partner for commercial cyber business. The transaction,...
Feature
Swiss Re CEO Andreas Berger says AI will overhaul how the reinsurance group operates, predicting productivity gains "such as we have not seen in decades," while defending a business partnership that has drawn accusations of...
Feature
By David Leach, CEO of JAVLN, which provides cloud-based policy and document ...
Think of AI as a trade tool. While builders are great with hammers, they keep up to date with the latest power tools. Similarly, brokers now need to be great with AI tools. At JAVLN, AI is encouraged. Our team uses AI tools daily....Feature
By Tim Williams, partner at Chapman Tripp. Tim specialises in the financial s...
Generative AI chatbots may be breaching financial adviser licensing and regulatory requirements of the Financial Markets Conduct Act (FMCA), according to Chapman Tripp partner Tim Williams. Williams raised the concern in the recent...Feature
A sell-off of brokerage stocks resulted recently from a high-profile artificial intelligence announcement from OpenAI. But the market reaction says less about near-term revenue risk and more about longer-term questions around who...