Insurance stories
Women run larger SMBs but are more stressed and less likely to use insurance brokers than men, reveals a new Vero study involving 900 New Zealand businesses.
If you own an e-bike or a drone and expect them to be covered by your current home contents insurance policy, it might pay to check the fine print.
Councils say delayed decisions on adaptation funding and relocation could leave communities exposed to climate risks across New Zealand.
ANZ and IBM collaborate with Suncorp to develop blockchain solution to speed up payment reconciliation in insurance industry.
Low-income households are being left behind by disaster advice that assumes everyone can afford food, water and survival kits.
the company has concentrated heavily on its cyber and tech liability offerings, which Samson says is a good fit for South Island tech companies.
Barely five per cent of New Zealand firms have cyber cover, leaving them exposed as ransomware claims and attacks climb sharply.
A direct hit on the capital could cost New Zealand about USD $29 billion and trigger wider economic damage, Deloitte warns.
Thousands of coastal homes could become uninsurable as sea levels rise, shifting climate costs on to homeowners and government.
Insurance tech firms are revolutionising customer experience, driven by AI and wearables, says InsurtechNZ. A digital-first approach could transform the sector.
Cove Insurance has claimed it's first to sell insurance via a chatbot currently in private beta mode, and the tech looks promising.
The insurance market is benefitting from new technology, with traditional firms embracing advanced technologies.
Lifebroker and Jade Software launch Alfred, Australia's first life insurance comparison chatbot on Facebook Messenger, offering 24/7 real-time quote services.
Equisoft is currently working with 20 insurers on Oracle Insurance Policy Administration integration projects.
Dimension Data helps Asia's largest life insurance firm upgrade its IT environment and improve network performance.
Frankie will be able to provide instant responses to a variety of common enquiries to nib's new product range including benefits available.
Natural disasters push insurers to scrutinize costly business interruption claims, with losses hitting £1.4bn.
Car manufacturers that build sensors into their vehicles could identify damage resulting from a collision and trigger a claim payment.
Chubb launches new SME insurance in Australia, adding cyber coverage to shield businesses from growing digital risks.
Acting Chair Greg Lewis believes that practitioners should consider professional indemnity (PI) insurance cover to deal with first-party losses.