Friday, May 02nd 2025

Gail Costa's farewell message to advisers

In a farewell message to advisers, former Chubb chief executive Gail Costa pays tribute to the work advisers do.

Non-PHARMAC medicines coverage – aiming for a data-informed evaluation

Wednesday, April 23rd 2025

Non-PHARMAC medicines coverage – aiming for a data-informed evaluation

Non-PHARMAC coverage has become increasingly important to clients purchasing private health insurance, primarily due to rising public demand for treatments and medications not funded by PHARMAC (the government agency overseeing public pharmaceutical purchasing and subsidy).

[Opinion] Life advisers need a mindset change: away from ‘we sell’ to ‘we advise’.

Tuesday, April 22nd 2025

[Opinion] Life advisers need a mindset change: away from ‘we sell’ to ‘we advise’.

Opinion: Selling is essential in life insurance, but as necessary as it is, it must now be accompanied by suitable advice. We live in a new advice environment – changes are likely needed from what we did before because there are several new expectations.

Friday, April 11th 2025

nib ceo steps down

Rob Hennin has decided to step down as chief executive of nib New Zealand and nib Travel.

Thursday, April 10th 2025

Chubb Life launches moderate trauma cover

New trauma option provides customers with more flexible protection.

After short delay nib life takes off

Tuesday, April 01st 2025

After short delay nib life takes off

nib says its new Ultimate Life and Living Insurance suite of products will be available to advisers from Wednesday after, after delaying the initial launch date.

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3 takeaways from a recent FSCL case

3 takeaways from a recent FSCL case

Friday, March 28th 2025

[Opinion] Good record keeping is critical but there is more to take away from this reported complaint.

Non-Pharmac-funded drug insurance comes with limits

Non-Pharmac-funded drug insurance comes with limits

Wednesday, March 19th 2025

[UPDATED] 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.

The reason why health insurance premiums are soaring

The reason why health insurance premiums are soaring

Wednesday, March 12th 2025

A new report shows medical costs in New Zealand have seen some of the sharpest increases in the Asia-Pacific region and worldwide.

Public health treatment going private – good news?

Public health treatment going private – good news?

Monday, March 10th 2025

Steve Wright wonders whether the government's plans to use private health care facilities to reduce elective surgery waiting lists is a good idea.

[GRTV] Turning FMA visits into opportunities: Head of client engagement at Insurance people shares insights from her experience

[GRTV] Turning FMA visits into opportunities: Head of client engagement at Insurance people shares insights from her experience

Thursday, March 06th 2025

Insurance People’s Katrina Church sees FMA visits as an opportunity, not a threat. Speaking on Good Returns TV, she stresses the importance of preparation, strong governance, and a client-first approach to ensure firms stay on track and add real value.

Claims rises outstrip premium increases

Claims rises outstrip premium increases

Tuesday, March 04th 2025

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

Chubb names new CEO

Chubb names new CEO

Monday, March 03rd 2025

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

nib posts first half loss but expects to rebound in second half

nib posts first half loss but expects to rebound in second half

Tuesday, February 25th 2025

nib New Zealand said unusually high, industry-wide costs and claims inflation and slow economic growth had an impact on the health insurer’s first half profit.

[Opinion] Are life advisers required to be proactive?

[Opinion] Are life advisers required to be proactive?

Tuesday, February 18th 2025

Steve Wright asks; How proactive are life advisers expected to be with their existing clients? The answer is not straightforward.

nib rolls out its life offering

nib rolls out its life offering

Friday, February 14th 2025

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

Find out about nib's new products

Find out about nib's new products

Monday, February 10th 2025

nib is hitting the road with its 2025 adviser events, offering an exclusive opportunity for advisers to stay ahead of the curve with nib’s latest innovations.

Resolution Life completes Asteron purchase

Resolution Life completes Asteron purchase

Monday, February 03rd 2025

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.

Former Fidelity BM of the year joins NZHL

Former Fidelity BM of the year joins NZHL

Monday, February 03rd 2025

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

 

 

[Opinion] CPD – identifying the stuff we don’t know but really should

[Opinion] CPD – identifying the stuff we don’t know but really should

Wednesday, January 22nd 2025

Opinion: The Code requires advisers to do annual CPD (Continuing Professional 
Development).  I come across various questions from life advisers about CPD, so I thought the beginning of the year might be a good time to share my thoughts on those questions regarding CPD for giving life and health insurance advice (not that required for selling or running your business).

SBS FirstHome Combo 4.29
Unity First Home Buyer special 4.69
Co-operative Bank - First Home Special 4.89
ANZ Special 4.99
SBS Bank Special 4.99
ASB Bank 4.99
TSB Special 4.99
Kiwibank Special 4.99
Westpac Special 4.99
ICBC 4.99
AIA - Go Home Loans 4.99
Nelson Building Society 4.97
Kainga Ora 4.99
SBS Bank Special 4.99
Co-operative Bank - Owner Occ 4.99
Wairarapa Building Society 4.99
Unity 4.99
TSB Special 4.99
ANZ Special 4.99
ASB Bank 4.99
ICBC 4.99
Westpac Special 4.99
Westpac Special 5.39
ICBC 5.49
BNZ - Classic 5.59
Co-operative Bank - Owner Occ 5.69
ASB Bank 5.69
SBS Bank Special 5.69
AIA - Go Home Loans 5.69
BNZ - Std 5.79
Kainga Ora 5.79
TSB Special 5.89
Kiwibank Special 5.89
SBS FirstHome Combo 4.19
AIA - Back My Build 4.44
CFML 321 Loans 5.25
Co-operative Bank - Owner Occ 6.20
Co-operative Bank - Standard 6.20
Heartland Bank - Online 6.25
Kiwibank Special 6.50
Kiwibank - Offset 6.50
ICBC 6.50
Kiwibank 6.50
Unity 6.64