It’s that time of year when everyone is back at work, the kids are back at school, and the shine of the New Year has started to wear off. Many of us have made resolutions that we’re still trying to keep, and perhaps you’ve made a list of things you would like to achieve this year. Maybe you want to start saving for that new extension or a new family holiday. It could be that you want to explore the property market and the investment opportunities there might be. Or maybe 2024 is the year you’re going to launch or expand your business.
As 2023 draws to a close, I’m sure many of you are looking forward to a break and some time away with family and friends – a chance to recharge the batteries, reflect on the year that’s been and look forward to the year ahead.
Our goal as your insurance broker is to save you time, effort, and energy when it comes to handling your insurance claims and policies. We do all the hard work to ensure you receive the best advice and find the right insurance company to engage with, and we also negotiate premium terms on your behalf for any policy you take with us.
Contract works insurance, also known as Construction All Risks Insurance (CAR insurance), provides coverage for various risks associated with construction projects, such as new builds, renovations, property alterations, extensions, and plant or machinery installs.
If your business offers professional advice, design and/or professional specifications to your clients you inherently have an exposure to claims, or accusations of errors or omissions involving your business and the advice provided. The costs for these claims can be high, well into the millions, so having professional indemnity insurance attached to your liability policy package is one of the best steps you can take to protect yourself and your business.
At AIB Insurance one of our key aims for all of our customers is to ensure they are adequately insured. This not only means making sure they’ve got the right things covered, such as their house and contents, vehicles, business etc., but that they also have the right amount of cover for each of their policies.
New Zealand is a great place to run a business but there are many rules and regulations that dictate what you can and can’t do, and navigating these can be complicated and challenging. While most Kiwi businesses intend to comply with New Zealand law, there are many cases of businesses unintentionally breaching these rules, which can result in consequences that make continuing to run the business difficult.
New Zealand is a great place to run a business. In fact, we’ve been ranked as the number one country to start and run a business four years in a row. But that’s not to say there aren’t still significant challenges and risks involved, especially for company Directors and Officers.
You may have heard, read or received a message in the last few months from your insurer telling you that your premiums are going to be increasing. We understand that’s not the news many want to hear, so we thought it’d be useful to explain why premiums are set to increase.
It’s been a difficult couple of months for many New Zealanders, especially those in Auckland, Northland, Gisborne and Hawke’s Bay who have all been affected by the floods and Cyclone Gabrielle. All over the news we’ve seen videos and images of dangerous flood water, destroyed buildings and damaged property, not to mention the heart breaking loss of life.
