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The Insurance Brokers Association of New Zealand (IBANZ) is on the hunt for a new Chief Executive following incumbent Mel Gorham’s decision to step down after five years in the role. IBANZ President Neil Cousins acknowledged ...
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On 6 May 2025, the Reserve Bank of New Zealand (RBNZ) published the results from its 2024 General Insurance industry stress test. The purpose of the stress tests was to assess the insurance industry’s ability to respond in the sit...
SPOTLIGHT ON
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Time is ticking for the insurance industry to get ready for the implementatio...
The Contracts of Insurance Act is a new consumer protection law that repeals five Acts currently in force and increases the obligations on brokers and insurers. Speaking to a recent professional development seminar for...SPOTLIGHT ON
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IBANZ plays a strategic role in shaping New Zealand's insurance legislation
In the ever-evolving landscape of insurance and financial services in New Zealand, the Insurance Brokers Association of New Zealand (IBANZ) plays a pivotal role in defending its members’ interests through making submissions on...Feature
Sam Kerr | Managing Director - Share General, and Vice President - IBANZ
The future of the insurance industry depends on our ability to nurture the next generation of brokers. With the regulatory changes we’ve all been through over the past few years, we saw the introduction of the NZQA Level 5...Feature
The effect of a recent High Court judgment is that insurers can no longer rel...
John Knight and Scarlet Roberts from Chapman Tripp summarise the effects of Pearce v Toka Tu Ake Natural Hazards Commission [2024] NZHC 623 The High Court has clarified how to calculate time limitation periods for claims...Feature
Can compulsory building reports save insurers millions?
A Christchurch-based building consultant says the property insurance model is “flawed” and building reports that are both compulsory and detailed would significantly reduce the costs and risks faced by insurers, consumers...Insurance Council News
The Insurance Council of New Zealand | Te Kāhui Inihua o Aotearoa (ICNZ) has released its annual review for 2024. “2024 has been an important year for insurance even as New Zealand experienced fewer major events, ” ICNZ...
Insurance Council News
One in two New Zealanders believe the Government should invest more to protect people and properties from extreme weather events, according to a new survey. Commissioned by the Insurance Council of New Zealand | Te Kāhui...
