7 key takeaways from new insurance bill
OPINION: Steve Wright has read the Contracts of Insurance Bill which was introduced to Parliament last week and outlines seven potential changes facing advisers and insurers.
The Government has released the Contracts of Insurance Bill for comment. Over the weekend I spent some time reading the draft Bill. These are some first impressions.
The good news is that the provisions of several pieces of legislation are now incorporated into one place.
Life insurers will be busy exploring changes to application forms, policy wording and other administrative changes...MORE»
Overhaul of insurance regulations startsFriday, May 3rd, 10:29AM
The Contracts of Insurance Bill, which will overhaul insurance regulations has had its first reading in Parliament. MORE» |
Digital Docs more stuff...Monday, April 22nd, 8:50AM
Following my lengthy epistles on digital documents and management systems, I've been investigating this from the legal perspective. MORE» |
Acquisition marks significant strategic milestone for Wealthpoint
Wealthpoint buys general insurance business and now focuses on other enhancements to its offering
MORE»Digital document ~~security~~ insecurity
Following on from my outline of the problem of digital document insecurity, I’m exploring how we can all improve this so we’re protecting clients and not unwittingly propagating fraud.
MORE»A Statement of Advice may not be what you think it is
Steve Wright gives his views on statements of advice as they related to life and health insurance.
MORE»[Opinion] Comedy of errors at the RBNZ
The development of the Reserve Bank's solvency standards for insurers makes the companies look better than they really are.
MORE»It'll be different this time; Asteron boss on Resolution deal
Asteron Life executive general manager Grant Willis is confident Resolution Life has learnt lessons from its purchase of AMP Life and won't repeat them again.
MORE»