Author name: ICNZ

ICNZ MONEY WEEK QUIZ SHOWS ALMOST 20% DON’T UNDERSTAND KEY INSURANCE TERMS

For Money Week 2021 ICNZ encouraged New Zealanders to make one day during the week their ‘Insurance Day’ to check their insurance and that the cover it provides meets their needs. The activity was driven by ICNZ’s research which show a disturbing lack of understanding of insurance – with only 54% understanding what their insurance …

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TIME FOR A SPRING CLEAN

This week marks the start of spring – and with the country in lockdown now is a great time to make the most of our extended time at home to check in on maintenance jobs around the house. Keeping your house in the best condition possible with regular maintenance is a standard obligation to take ‘reasonable care’ insurance …

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‘JUST WONDERING – HOW WELL DO YOU UNDERSTAND YOUR INSURANCE?’

This Money Week the Insurance Council of New Zealand – Te Kāhui Inihua o Aotearoa – is encouraging New Zealanders to make one day during the week their ‘Insurance Day’ to check their insurance and that the cover it provides meets their needs. ICNZ says the activity is driven by research it commissioned which shows …

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TORNADO THE COSTLIEST ON RECORD WITH $32M PAID TO CUSTOMERS FOR INSURED LOSSES

Preliminary figures released by the Insurance Council of New Zealand – Te Kāhui Inihua o Aotearoa – report that insurers have supported their customers with $32m paid for insured losses resulting from the tornado that tore through the South Auckland suburb of Papatoetoe on Saturday 19 June, 2021. “This makes the tornado the costliest on …

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2021 ICNZ AND ANZIIF SCHOLARSHIP OPENS FOR SUBMISSIONS

The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and the Insurance Council of New Zealand (ICNZ) – Te Kāhui Inihua o Aotearoa – are pleased to announce submissions are open for the 2021 ICNZ and ANZIIF Scholarship. The ICNZ and ANZIIF Scholarship recognises and supports the professional growth and development of insurance industry practitioners …

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INSURANCE CUSTOMERS RECEIVE $43.8M TO RECOVER FROM CANTERBURY FLOODS

Insurance customers through the Canterbury region lodged 3,538 claims costing over $43.8million for insured losses following the 29 May – 1 June floods according to provisional figures released by the Insurance Council of New Zealand – Te Kāhui Inihua o Aotearoa. “The figures reflect the vast damage floods leave behind, and how important it is …

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ICNZ SUPPORTS STEPS FOR CONSTANT IMPROVEMENTS TO CUSTOMER OUTCOMES

The Insurance Council of New Zealand – Te Kāhui Inihiua o Aotearoa – acknowledged the Financial Markets Authority (FMA) conduct and culture review of the fire, general and health insurance sector, and the need for constant improvement of the sector. Mr Grafton, Chief Executive of ICNZ, says: “The snapshot we have of the sector as …

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INSURANCE COUNCIL ISSUES ADVICE TO WEST COASTERS FOR WILD WEATHER HITTING

The Insurance Council of New Zealand warns West Coasters to check their property now for the wild weather starting to hit the West Coast. “There are some simple things you can do that don’t cost anything that will help make sure you and your property stay safe” says Insurance Council Chief Executive Tim Grafton. MetService …

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