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Insurance

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Service levels and transfer of workloads

If you're an adviser, you will have seen the challenges with provider service levels trending downwards and your admin loads increasing.

Tuesday, June 24th, 6:00AM

If you're an adviser, you will have seen the challenges with provider service levels trending downwards and your admin loads increasing.

What I find concerning is a prevailing attitude emanating from insurance company management. I'm paraphrasing here "Service levels are shite, but that's with everyone, so we won't do anything about it."

Justifying...MORE»

Medical premiums and the public system

Tuesday, May 20th, 8:00AM

Most of you will have seen the notices advising increased premiums in the last month, ranging from 16% to 22%.

MORE»

CoFI: Is this the catalyst for changing service commissions?

Tuesday, May 6th, 6:10AM

The FMA has previously mentioned concern about how the incentives for policy servicing work.

MORE»

 

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Medical premiums and the public system

Tuesday, April 1st, 6:55AM

Most of you will have seen the notices advising increased premiums in the last month, ranging from 16% to 22%.

MORE»

Should we be commoditising life insurance?

Monday, February 10th, 6:00AM

There's been a long-term push to simplify life insurance, which I agree with in principle. However, in practice, this has some gnarly implications that those outside the industry don't appreciate.

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Complaints processes and the rules can be two different things

Thursday, December 12th, 9:30AM

Picking up on my prior ranting about a recent FSCL case study.

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Policy value and retrospective advice

Wednesday, November 27th, 9:26AM

Jon-Paul Hale examines a recent FSCL decision over a funeral plan claim and says its trying to open the door litigating past advice given under old rules.

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CPI, it's simple, right?

Thursday, October 10th, 10:31AM

Most reading this in context of insurance would agree.

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Insurance Briefs

nib NZ completes company amalgamation
nib NZ has completed the amalgamation of nib nz limited and nib nz insurance limited into a single entity, now operating as nib nz limited.

Partners Life announces premium increase
Partners Life will implement a 20% annual premium increase for existing Private Medical Cover clients with policy anniversaries on or after July 22, 2025.

nib Parent Boost
nib New Zealand has welcomed the Government’s newly announced five-year Parent Boost Visa, set to open for applications from 29 September 2025.

Haven partners with Plunket
Haven Financial Advisers has formed new partnership with Whānau Āwhina Plunket, reinforcing its commitment to building brighter futures for families across New Zealand.

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