Did you know that when you pay your regular household insurance premium that you are in fact getting three layers of protection? First and foremost, you are getting what we all think of as regular insurance should your home suffer sudden and unforeseen damage, such as a car crashing through the wall, a fire, flood …
“Incoming mayors, councillors and community board members must prioritise investing in community-centred climate resilience,” says Insurance Council of New ZealandTe Kāhui Inihua o Aotearoa (ICNZ) Chief Executive Tim Grafton. Local government is at the forefront of responding to climate impacts that already cost communities many hundreds of millions of dollars each year. Beyond the financial …
INCOMING COUNCILS MUST PRIORITISE CLIMATE RESILIENCE Read More »
New claims data released today by the Insurance Council of New ZealandTe Kāhui Inihua o Aotearoa (ICNZ) show that weeks of extreme weather over July resulted in 6,266 general insurance claims with a provisional value of $43.7 million. “Extreme weather continues to hit Aotearoa New Zealand’s communities hard”, said ICNZ Chief Executive, Tim Grafton. “We …
JULY EXTREME WEATHER INSURANCE CLAIMS HIT $43.7M Read More »
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 2022 ICNZ and ANZIIF Scholarship. The ICNZ and ANZIIF Scholarship recognises and supports the professional growth and development of insurance industry …
2022 ICNZ/ANZIIF SCHOLARSHIP OPEN FOR SUBMISSIONS Read More »
As Nelson residents start the clean-up following recent severe weather, ICNZ Te Kāhui Inihua o Aotearoa and Toka Tū Āke 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. Customers’ private insurers are the single point of contact …
FLOOD-IMPACTED HOMEOWNERS URGED TO CALL THEIR PRIVATE INSURER Read More »
Those living on the West Coast of Te Waipounamu, in the Buller District and Upper South Island (Tasman Ranges), should act now and follow the advice of local civil defence authorities as Metservice’s local extreme weather warnings have been upgraded from Orange to Red. “Yet again Westcoasters, those in the Grey and Buller districts and …
New claims data released today by the Insurance Council of New ZealandTe Kāhui Inihua o Aotearoa (ICNZ) shows total insurance payments back to communities for extreme weather events closing in on $200 million for the year to the end of June. Last year set a new annual record for such payments at $324 million. Today’s …
2022 EXTREME WEATHER INSURANCE CLAIMS NEAR $200M Read More »
The Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) urges those affected by flood and storm damage from Northland into the South Island to put their safety first, heed the advice of local civil defence and contact their insurer early. “There are some simple things you can do that will help reduce …
Insurance is a curious product in that it’s something we buy hoping we’ll never use it. However, most of us come to reply on it sooner or later to put things right when things, typically through no fault of our own, go wrong. When they do, you’ll want the claims process to go as smoothly …
The Insurance Council of New Zealand Te Kāhui Inihua o Aotearoa (ICNZ) today released claims progress data as we approach the first anniversary of Westport’s July 2021 floods. They show 95% of the 615 residential dwelling claims were fully settled (469) or near completion (113). Of the remainder, 19 are awaiting a customer decision, 11 …
INSURERS RELEASE JULY 2021 WESTPORT FLOOD PROGRESS DATA Read More »
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