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The Conduct of Financial Institutions Bill is set to change the way insurers ...
In September last year, consumer affairs minister Kris Faafoi unveiled plans for a new conduct regime for the financial services sector. The reforms, launched off the back of Australia’s damaging Royal Commission into financial se...Feature
Intangible assets are an increasing proportion of companies’ balance sheets, already accounting for as much as 85% of the total business value across industries according to estimates. With the acceleration of digital business mod...
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The pandemic has changed the way we distribute insurance. Now it’s for the in...
The Covid-19 crisis has profoundly affected the insurance world. Physical distancing and other lockdown measures have already shifted activities once considered critical to conduct in person to online. This change will affect insur...Feature
Suncorp New Zealand is the first New Zealand insurer to adopt Meridian Energy’s 100% Certified Renewable Energy product. As of July 1, nearly 100% of Suncorp New Zealand’s electricity will be...
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A new risk profiler tool developed by Vero has put risk assessment at the top of the to-do list for small and medium sized enterprise owners (SMEs) and their insurance brokers. Recent research shows 71% of SMEs want...
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IAG chief executive Craig Olsen is taking over from Paul Smeaton as president of the Insurance Council. Smeaton has returned to Australia to take a senior role with Suncorp. “I want to acknowledge Paul’s valuable...
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IAG today provided an update on its results for the year ended 30 June 2020 (FY20), within which it expects to report: Gross written premium (GWP) growth of around 1%, consistent with the ‘low single digit’ guidance...
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New research released by Vero Insurance this week shows nearly two thirds of New Zealand’s small and medium enterprise owners and decision makers (SMEs) want insurance advice following the Covid-19 crisis. Most wanted...
PIQ College
Going back to ‘normal’ may not be as easy as you expect By Rod Severn
I need to practice social distancing…from my refrigerator! Here at the Professional IQ College we used to only worry about Level 5. Now we have a whole new range of levels to be concerned about. Still, most...Ask an Expert
Question... A tap was left on in a commercial building. Flooding caused saturated carpets and damage to walls and skirting boards. The LA is suggesting split the cost 50/50 as the tenant is responsible for the carpet per...