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IANZ Publications
 
 TitleDescriptionSize 
Natural Disasters - getting squeezedGet help with your natural disaster excessUnknownDownload
Insurance Advisernet Brochure 1.85 MBDownload
Newsletter March 2009Insurance Advisernet Newsletter - March 2009316.70 KBDownload
Newsletter December 2008Insurance Advisernet Newsletter - December 2008345.17 KBDownload
Cover Note Article (December 2009)Independent insurance brokers - an endangered species?1.97 MBDownload

 
 

 
 

Experience the Insurance Advisernet Difference

When it comes to finding an insurance broker do you look for a wide choice of cover, value for money or a broker that really understands your specific needs? Usually finding more than one of these qualities is rare, but Insurance Advisernet is in the unique position of offering you all three.

Insurance Advisernet brokers believe that providing quality advice and good service comes with building strong relationships with people you trust and who understand you and your business.

We are a network of quality independent insurance brokers.  As independent brokers our members are free to develop strong personal relationships with their clients built on mutual trust and a sound appreciation of their business.

Being part of a national group means buying power that leverages excellent rates, exclusive insurance products and facilities. We also provide the latest insurance broking IT platform, systems and infrastructure to assist our brokers to provide consistent quality advice and service.

We have a commitment to professional education to ensure our brokers are qualified to provide the very best advice to their clients.

So why not come and experience the Insurance Advisernet experience.

 
Insurance Advisernet Announcements Insurance Advisernet Announcements
Natural Disasters affect everyone.. - Thursday, June 02, 2011

Natural Disaster Insurance

The consequences of the Canterbury earthquakes have yet to be fully felt from an insurance perspective. Claims will take many months and in some cases years to settle and in the meantime insurance protection is getting more expensive as insurance companies struggle to balance the books.
 
Reinsurance costs (insurance for insurance companies) have risen dramatically and insurance companies are unable to absorb these increases, so there is no doubt that all of New Zealand will be affected by rising prices for insurance and stricter underwriting processes for business insurance in particular.
 
In addition to rising prices businesses will also have to contend with increased excesses for natural disasters ranging from 2.5% to 10% of the sum insured depending of the location of the property and the age of the building.
 
What this means is that property insured for say $10m will now has an excess of between $250,000 to $1,000,000 for natural disasters – a significant change for most people and something that most businesses cannot easily afford.
 
It is therefore imperative that business and property owners get good advice and look at their options because insurance is definitely going to become a bigger part of their budget. And beware of the cheaper alternatives – not all policies have the same cover and not all insurers are the same either – and unfortunately without independent advice you only find this out at the time you need it most - when disaster strikes.
Contact your local Advisernet broker for further information and assistance.
 
 
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