Tim Grafton, ICNZ Chief Executive says that the industry has mobilised New Zealand wide to help Timaru. Drive through assessment stations have been set up for ‘on-the-ground’ support and specialists …

INSURERS MOBILISE NZ WIDE AND OVERSEAS RESOURCES TO HELP TIMARU Read More »

Tim Grafton, ICNZ Chief Executive, is urging those affected by the weather events in Christchurch and Timaru last week to contact their insurance company or authorised insurance broker directly as …

ICNZ CAUTIONS NEW ZEALANDERS AGAINST USING THIRD PARTIES FOR INSURANCE CLAIMS Read More »

The Wellington Mayoral Taskforce was set up in response to anecdotal claims that insurance premiums, particularly for commercial property including apartment dwellers, were unaffordable. Insurance premiums have risen sharply over …

ICNZ POSITION ON WELLINGTON MAYORAL TASKFORCE RECOMMENDATIONS Read More »

ICNZ and its members are generally supportive of the proposed changes to legislation around financial institutions’ conduct, announced today by Minister Faafoi. The changes come at a time when it’s …

ICNZ GENERALLY SUPPORTIVE OF CHANGES TO IMPROVE CONSUMER PROTECTIONS Read More »

Today, the Insurance Council of NZ launched the Insurance Fraud Bureau (IFB), New Zealand’s first integrated initiative to target insurance fraud through detection and education. Until now, work to address …

INSURANCE INDUSTRY LAUNCHES INSURANCE FRAUD BUREAU (IFB) Read More »

The Insurance Council of New Zealand is urging property buyers in Canterbury to do thorough due diligence before buying a property. It’s also urging current owners to put any payments …

ICNZ URGES PRE-PURCHASE DUE DILIGENCE & PRUDENT USE OF GOVT’S EX-GRATIA PAYMENT Read More »

With the busy late-winter travel period getting underway, ICNZ is reminding all travellers that the best time to sort their travel insurance is when they book their tickets – and …

REMINDER TO TRAVELLERS TO CHECK FOR EXCLUDED EVENTS BEFORE BUYING TRAVEL INSURANCE Read More »

The decision of the Supreme Court in the IAG v Xu case, released today, has affirmed long-held legal principles regarding assignment law, ICNZ has said. The Supreme Court’s decision has …

IAG/XU RULING AFFIRMS INSURERS’ INTERPRETATION OF ASSIGNMENT LAW Read More »

People who take out general insurance do get a fair deal from their insurer, contrary to Consumer NZ’s assertion that they don’t, said Insurance Council of NZ CEO, Tim Grafton. …

INSURANCE INDUSTRY ISN’T PERFECT, BUT GENERAL INSURERS ARE NOT UNFAIR Read More »

ICNZ is pleased to see the Government introduce their Climate Change Response (Zero Carbon) Amendment Bill to parliament today. ICNZ supports the Bill and is committed to working with government …

GENERAL INSURERS SUPPORT ZERO CARBON BILL Read More »