More bad news for the insurance Industry
June 24, 2019
Consumer New Zealand has published the results of a survey showing that public trust and confidence in the insurance industry is low (1). The specific conclusions from the study are:
Our latest survey research found:Consumer trust in the insurance industry was low.
Jus...
Sharing the risk?
February 12, 2019
In light of news that insurers are now using "risk based pricing"* which means that "high risk areas" won't be offered certain classes of business https://www.radionz.co.nz/news... I thought I'd offer some thoughts on the performance of the domestic insurance marke...
The Reserve Bank and FMA review of the life insurance industry
January 30, 2019
The Reserve Bank and FMA have publicised their findings of poor practices within the life insurance industry; https://fma.govt.nz/news-and-r... . The review raises issues around culture and practice in sales and claims. It's no secret that there have been concerns ...
Lost in Translation
April 11, 2019
Note this article was originally published by Legalwise https://legalwise.com.au/nz/insurance-non-disclosure-lost-in-translation-for-esl-speakers/IntroductionNew Zealand is a nation of immigrants, the 2013 census showed that one in four Kiwis were born overseas. If new migra...
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