Feature
AIG New Zealand is set to move Auckland’s Commercial Bay Precinct into a greener, more sustainable office. AIG is finalising its relocation to Jarden House from Shortland Street. The insurance giant said the move optimis...
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Question: The Landlord has a meth claim. Insurer has accepted claim and paid a cash amount based upon a cleaning quote. Insured / Landlord has told us they will be keeping the money and not cleaning the property. The M...
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Question: The insured is a contract bottling company. That means they take other parties’ manufactured product and perform, under contract, the bottling and labelling of that product. Once the product has been bo...
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Question: A client owns a unit in a body corporate with very little contents, and they do not want insurance for these. They have another property with contents insurance. Would their section 2 liability be covered under...
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Question: We have a client that has discovered gradual damage due to a fault in the shower mixer. There has not been any visible signs of any damage until the client pulled some furniture out from a bedroom wall. At this stage,...
IFSO Case Study
The sequence of disastrous events began innocently enough when Mr H* had a craving for steak and chips. For reasons unknown, he decided to cook his steak in a toaster. Having inserted the steak into his toaster and started the toasting...
FSCL Case Study
Simon* owns a small rental property in Christchurch and approached an adviser for help with insurance. The adviser gave Simon several policy options, one of which suited his needs. Simon took out the insurance and tenants moved in....
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Rothbury Insurance Brokers has made a round of senior hires across New Zealand. Paul Munton, Rothbury’s executive general manager for broking branches, said the appointments would strengthen the business by supporting its...
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New Zealand’s car repair industry could lose up to 15% of its revenue to offshore-owned rivals, an industry trade body has claimed. It comes as insurers under Australian-owned IAG (AMI, State, NZI and Lumley), rapidly...
Opinion
Keegan Alexander partners Crossley Gates and Frank Rose explain changes arisi...
The Natural Hazards Insurance Bill repeals the Earthquake Commission Act 1993 (EQC Act) and replaces it with the Natural Hazards Insurance Act 2022. The intended commencement date of the new Act is the later of:...Feature
Garry Taylor, executive general manager at NZI, reveals how businesses can mi...
If you’ve been following the news, you’ll know that ram raid attacks have left a path of destruction across Auckland in recent months. Multiple targets have been hit, with offenders becoming more and more brazen...Feature
Oliver Jepson, National motor manager, NZI
The first breakthrough in car safety came in 1934 when General Motors performed a crash test for the very first time on a 1929 Chevrolet. Since then, the transport industry has (thankfully) come a long way when it comes to...Feature
The Financial Markets Authority has published an information sheet for Financial Advice Providers on how to demonstrate compliance with record keeping obligations. Under the new financial advice regime Standard Condition 1 for both...
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The Government contributed $100,000 to a Mayoral Relief Fund to help the Levin community following a tornado in the North Island town. Minister for Emergency Management Kiri Allan said: “My thoughts are with everyone...
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Did you know that over 90%* of the injuries we see from our clients are muscular strains and sprains? Regardless of whether the role involves highly physical movements that involve lifting and twisting, or whether it is more sedentary...
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