IBANZ Forum
QUESTION: My client has a dispute with a customer so raised a small claims tribunal action within the $30,000 limit. The customer has counter-claimed for $50,000 which, being outside small claims, I presume now becomes a civil ma...
IBANZ Forum
QUESTION: When we get a new valuation for a building, it usually has the sum insured amount broken down: Reinstatement Cost Estimate and Inflationary Provision Demolition Cost. As a brokering practice, we use 50% adjustment on th...
SPOTLIGHT ON
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Six insurance industry identities, who have contributed greatly to IBANZ and ...
The people are Angus McCullough, Bruce Oughton, Jo Mason, Paul Munton and Roger Abel . An Honorary Life Membership has also been bestowed posthumously upon Max Marsh who sadly passed away in July this year. Honorary Life...Feature
Gallagher Insurance has been named as one of the major sponsors for the upcoming New Zealand Open after serving as a supporting sponsor earlier this year. Gallagher said that after witnessing the positive impact of the tournament...
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IBANZ offers a range of CPD from quality presenters who specialise in providing a variety of fire and general presentations, as well as a selection on soft skills ranging from time management to client care. All webinars: 10.30 -...
Insurance
AMI Insurance has seen a nearly 40% increase in house fires between summer and winter 2023, following a 20% increase the year before. The insurer said lower temperatures caused house fire risks to increase. “With the...
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International insurance broker Howden acquired Hamilton-based Bridges Insurance Services to accelerate its launch into the New Zealand market. The UK-based group's acquisition follows recent deals for Wallace McLean and Apex...
Humans of NZI
L isa's entry into the insurance industry came somewhat unexpectedly. “Straight out of high school, I took a job working with State Insurance, primarily as an opportunity to save some money to attend...
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By Mark Jones, Chief Broking Officer, Gallagher Insurance
Signs of change are emerging in the insurance market for commercial risks, potentially signalling a positive outlook for businesses. For the past two to three years, insurers have been increasing their pricing while scaling...
