Latest Articles

Feature

Debunking common cyber security myths

by Andy Beven, liability & cyber underwriting manager at NZI

Andy Beven, liability & cyber underwriting manager at NZI, breaks down common cyber security myths that could be holding businesses back.  Many business owners are unaware of the growing threat of cyber-attacks and are un...

Humans of NZI

Shining the light on electrical safety

Meet Toby Lancaster, NZI’s new electrical inspector, who’s come on board with...

Dealing with anything electrical can be frightening for some people, and for good reason. Toby Lancaster, on the other hand, discovered his passion at a young age after following in his father's footsteps into the trade. ...

Feature

Tower slashes earnings and dividend in wake of ...

Tower reduced its forecast for annual profits and dividends following the North Island floods and Cyclone Gabrielle. The insurance company now expects net profit after tax of between $18 million to $23 million, down from a previous...

Feature

AMI, State and NZI receive more than 21,000 flo...

By February 14, AMI, State, and NZI had received over 21,000 claims from the summer’s North Island floods, as the devastating weather events continued. According to IAG, 57% of claims were for homes, 21% for contents, 6% for...

Feature

Cyclone and floods redefine NZ risk

The summer’s devastating North Island floods and Cyclone Gabrielle will chang...

Climate change is having a real and tangible impact on New Zealanders' lives, as the frequency and severity of extreme weather events increased during this summer's devastating floods. The events are set to have a significant...

Feature

Top 10 most burgled Auckland neighbourhoods rev...

New analysis from security company Auckland CCTV has found that burglars are most likely to strike in the city’s centre. The Auckland-based company has compiled a report on burglary activity after analysing police data for...

Feature

Vero executive encourages business owners to be...

Many business owners will require resilience to recover from the effects of recent flooding in New Zealand's largest city, according to Nick Meister, executive manager, business at Vero Insurance.  He...

Feature

IAG highlights climate dangers

Property damage claims from bad weather are up a third on last year, according to insurer IAG.  The insurance group released its latest Wild Weather Tracker analysing the six months from March to August this year compared to...

Ask an Expert

The difference between occurrence/damage and da...

QUESTION: We have a situation where an insured (the builder) was building a house in 2019-2020 and a sub-contractor (now out of business) accidentally oiled a bamboo panelled ceiling incorrectly. This has led to damage to the...

Ask an Expert

Fork lift confusion

QUESTION: We are having a number of conversations relating to public liability and how it would respond to fork lifts and reach trucks when they do not have loads on the forks. One point of view is that if there is nothing on...

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