As Northlanders start the tidy-up following the floods and severe weather experienced on Friday 17 and Saturday 18 July, ICNZ and EQC are urging people to contact their insurer as their first port of call to ensure the claims process is as easy and efficient as possible. ICNZ Chief Executive, Tim Grafton, says the recovery …
INSURERS AND EQC PARTNER TO SUPPORT SPEEDY RECOVERY IN FLOOD-STRICKEN NORTHLAND Read More »
The Insurance Council of New Zealand is advising Northland residents affected by last heavy rain and flooding to be safe when recovering belongings damaged in the flooding and to contact their insurer as soon as possible. ICNZ also recommends that any residents displaced by the flooding to contact their insurance company as they may be …
The announcement that ICNZ President Paul Smeaton will be returning to Australia to take up a senior role with Suncorp on 20 July will see ICNZ’s Vice-President, IAG’s Chief Executive Craig Olsen, become the President of ICNZ. “I want to acknowledge Paul’s valuable contribution to ICNZ over the past five years including as Vice-President for …
Now is a good time to talk about vulnerability. Now, because so many people in our team of five million are facing financial hardship. And now, because once you have a critical mass in similar circumstances, the stigma of hardship and vulnerability erodes. New Zealand’s financial vulnerability has always been there, it’s just that COVID-19 …
COVID-19 HAS MADE IT THE BEST TIME TO TALK ABOUT VULNERABILITY Read More »
The Insurance Council of New Zealand (ICNZ) is calling on political parties to back our volunteer and paid firefighters by funding them appropriately for their services much like the Police are funded. The comment follows the publication of the summary of the submissions for the Fire and Emergency New Zealand (FENZ) funding review, announced by …
FIRE SERVICE MUST BE FUNDED AS AN EMERGENCY SERVICE Read More »
A landlord policy is similar to a home policy in many ways but has been designed to also reduce the financial impact of loss or damage arising from additional risks that renting out your house brings. Some options included under landlord policies are things like: Different insurance companies have different policies, with different limits they …
A landlord policy is similar to a home policy in many ways but has been designed to also reduce the financial impact of loss or damage arising from additional risks that renting out your house brings. Some options included under landlord policies are things like: Different insurance companies have different policies, with different limits they …
The Insurance Council of New Zealand (ICNZ) is proud to announce its official Support Partnership of Banqer High, an online financial education tool for secondary students. The partnership formalises a long relationship. The two organisations have worked together since 2015 to help young Kiwis grow their insurance literacy – a key part of financial capability. ICNZ …
The Insurance Council of New Zealand (ICNZ) has today issued updated figures for weather-related losses during 2019, with insurers paying $167.6 million to support their customers recover from severe weather events. The figures follow finalising claims for the 20 November Timaru hailstorm, which increased from $83 million to $130.7 million, and the 18 November Christchurch Tornado …
Navigating the turbulence of a global economic crisis requires insurers to maintain an even ballast between the cargo of customer interests and buoyant solvency. In New Zealand, rated one of the riskiest for its size, the challenge is arguably more difficult. Next week’s Budget may shine more light on the economic outlook. Treasury’s scenarios to …
THE CRITICAL ROLE OF INSURANCE IN NAVIGATING THE ECONOMIC CRISIS AHEAD Read More »
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