Internet, electricity and mobile services provider Slingshot has formed a partnership with digital insurer Open, enabling the delivery of house, contents, and landlords' insurance along with energy, mobile and broadband on a single bill.
Zurich Financial Services Australia (Zurich) last week announced several targets and initiatives to drive forward its sustainability efforts in Australia and New Zealand.
Much better enforcement of existing laws and regulations is required to protect consumers from mis-selling of motor vehicle add-on insurance products says the Insurance Council of New Zealand (ICNZ).
The Earthquake Commission of New Zealand (EQC) has secured a record level of reinsurance of $7.2bn on the international market, an increase of nearly $470m from 2021.
Insurance companies in New Zealand are currently preparing for a change to their operating environment with the Impending Financial Markets (Conduct of Institutions) Amendment Bill (CoFi Bill), notes the insurance broking firm Crombie Lockwood.
Insurers have been looking closely at their portfolios with a view to managing their exposures to individual risks, with a major part of this review being around material damage and business interruption exposure in high seismic areas and in particular the Wellington region, says Crombie Lockwood, one of the largest insurance brokers in New Zealand.
New Zealand non-life insurer Tower has announced the conditional sale of all of its shares in its Papua New Guinea subsidiary to Port Moresby-based Alpha Insurance.
The top five jobs in the Australian insurance field which employers want to fill are those of claims assessors, SME underwriters, contact centre agents, brokers and technical claims managers, according to a report by the recruitment specialist Hays.
The Financial Markets Authority (FMA) of New Zealand has released an information sheet for advisers, setting out how they can demonstrate compliance with record-keeping obligations.
The Reserve Bank of New Zealand (RBNZ) yesterday published a 'review version' of the insurance interim solvency standard, which determines the minimum amounts of capital that insurers must hold.