Tagged Blog Articles
Liability Insurance and COVID-19
A common question we're being asked by clients right now is about their Liability Insurance in the wake of COVID-19.
The ‘Nuts and Bolts’ of Directors & Officers Liability Insurance
Innocence does not stop a director from getting dragged into litigation either. Directors can face unfounded allegations that must be defended.
Hazardous substances at your workplace
Hazardous substances are used widely across New Zealand workplaces and a well known serious risk for many businesses which is why it’s important businesses manage their hazardous substances risks and protect people from harm.
Liability Insurance demand on the increase
When it comes to managing your liability as a business, it’s important you understand the risks your business may face so you can have the right insurance cover in place.
New asbestos regulations
As part of Worksafe’s plan to reduce workplace related health risks, new asbestos regulations were brought into effect on 4 April 2018.
Personal grievance claims costly for employers despite decrease
Officially, the number of personal grievance claims have decreased over the last few years. But when a claim does end up in court, the costs to employers are on the increase.
3 areas your new business needs insurance for
Is your new business well-insured? If not you could be risking the entire company. Check out these three insurances you need to be covered by.
Cyber crime - one of the most vulnerable areas for Kiwi businesses
Cyber-crime is becoming increasingly common and is becoming a serious threat to New Zealand businesses. What can you do to protect your business?
What do new drone policies mean for New Zealand business insurance?
New drone insurance policies are now being offered by New Zealand insurers. What does this policy cover and what does it mean for business insurance?
Firm prosecuted by WorkSafe NZ
A Northland engineering firm was prosecuted by WorkSafe NZ and ordered to pay over $70,000 after an employee injured an index finger which had to be partly amputated. How would your firms Statutory Liability Insurance respond in a similar situation?
First steps to cyber security don't cost a cent
Cyber security doesn't have to be an expensive goal - there are some steps that all businesses can take. But there comes a time where free doesn't quite cut it.
Dairy price falls have knock-on effects for SMEs
According to the latest Business Monitor Survey, a surprising portion of businesses throughout New Zealand have been affected by falls in dairy prices, regardless of whether or not they operate in the industry.
Could self-driving cars put your business at risk?
Autonomous vehicles are getting plenty of headlines at the moment, but they could have an impact on business insurance that many companies hadn't considered.
NZ government to step up cybercrime fight
Keeping abreast of cybersecurity issues is vital for all NZ businesses, and now the government is ready to increase its vigilance.
More Insurance Options for Drones - Photographers
There are thousands of UAVs (Unmanned Aviation Vehicles) being flown in New Zealand, many of which are owned by photographers. Insurance for drones, in particular for liability, has been limited but with the recent change in the CAA regulations there will be more options available.
New Zealand hits half a million businesses milestone
The number of businesses in New Zealand has exceeded 500,000 for the first time. Not only does it show that New Zealand is a great place to do business at the moment, but also that there's a certain level of financial stability. Analysts suggest reasons for the trend.
Helping you understand D&O insurance
As a Director, you can be held personally liable for not just your own mistakes but also the mistakes and errors of others. Directors & Officers Liability Insurance has grown significantly in the last decade as high profile cases such as Bridecorp, Feltex and Pike River mean there is greater awareness of where claims can arise from.
Protect your business against cyber crime
Nearly every business in New Zealand now relies on the internet for day to day functioning. And more and more businesses are storing information in the ‘Cloud’. Is it time all businesses considered the need for cyber cover?
3 types of insurance every budding new business needs
Don't become one of the many new businesses that closes its doors in the first 10 years. Consider these three types of insurance.
Drones in Business - Liability Insurance Difficulty
Drones are increasing in use for a wide range of businesses. But under Public Liability policies in NZ there is a universal exclusion for claims arising from any aircraft.
Personal grievances on the rise?
If you employ staff, chances are you will at some time be hit with a Personal Grievance. So how do you prevent this happening and handle the situation if it does occur.
Public Liability vs Mercedes Benz
I’m always looking for opportunities to share real life claims examples... and I have one for you today. It involves public liability insurance and a Mercedes Benz.
Are Your Legal Defence Costs Insured?
An ongoing legal case in New Zealand has affected liability insurance. Depending on how your insurance is structured, you may no longer be able to use it to pay court costs if you have to defend a liability claim. Public liability, D&O, professional indemnity, statutory liability and marine covers (e.g. ship repairers, marina operators) are all affected.
Changes to the Heath & Safety Act and your business
The government is reforming the workplace health and safety system. How will the new regime impact statutory liability for your business?