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31 Mar 2025

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Non-Pharmac-funded drug insurance comes with limits
Insurance advisers need to understand that most insurers will only cover non-Pharmac-funded cancer drugs if they have been approved by Medsafe and also indicated as treatment for the specific type of cancer their client develops.

nib rolls out its life offering
Three years after health insurer nib bought Kiwibank’s life insurance book it is relaunching it to the adviser market.

Former Fidelity BM of the year joins NZHL
New Zealand Home Loans (NZHL) has appointed former Fidelity Life business manager of the year to help it expand its insurance advisory services.

Tornado gives timely reminder about total loss risk
As well as weather-related insurance, cover for cyber liability is something else to consider as more cyber attacks are happening, says Gallagher Insurance.

Does wearing jandals invalidate any insurance claim?
They’re synonymous with summer, but are you covered if you wear your flip-flops behind the wheel?

Life insurance products MIA
Russell Hutchinson asks: What’s missing from the life insurance picture and comes up with a good list.

Chubb boss to retire
Chubb Life chief executive plans to retire next year after 40 years in the life insurance industry.

Integrity had no integrity: FMA
Insurance adviser’s FAP licence cancelled.

A claim, without a policy in place
One claim stands out for Rick Willis, because it was paid by an insurance company that didn’t even fully cover the client yet.

Advisers’ role clarified by select committee
The Finance and Expenditure Committee has recommended changes to the Contracts of Insurance Bill, including clarifications for advisers.

Insurance transforms end-of-life care
Johny Winstone has helped many clients make life-changing claims, and says advisers offer key emotional support, too.

Insurance company continues winning streak
For the second consecutive year Asteron Life has been awarded Life Insurance Company of the Year at the ANZIF Insurance Industry Awards.

Claims rises outstrip premium increases
The latest Financial Services Council life insurance statistics show an increase in claims rises outstripped premium increases,

Chubb names new CEO
Chubb's new chief executive has 30 years of experience in the retail banking and insurance industries.

Resolution Life completes Asteron purchase
Resolution Life has finalised its $410 million acquisition of Asteron Life New Zealand from Suncorp Group, making it one of the largest players in New Zealand's life insurance sector.

New life insurance company coming
A new life insurance company is planning to launch later this year and has already made some senior hires.

A big target for newly merged company
Wellington-based LifeDirect expects to be writing $1 billion in mortgages every year by 2026 after the merger last month of majority shareholder Mark Solomon’s other businesses Loan Market Capital & Coast and Insurance Market into the parent company.

It’s time we indexed health insurance
[Opinion] Steve Wright argues it's time that health insurance claim benefits are indexed.

I’m a life insurance adviser not a tax adviser!
[Opinion] Unless you are a tax expert you should not give tax advice. But does this mean life and health insurance advisers can simply ignore tax when it comes to giving advice?

Don’t overlook impact of TPD, adviser urges
Total and permanent disability (TPD) cover is something that might be being underestimated by a lot of clients and their insurance advisers, says Travis Hamilton of Plan B Financial Services.