ICIB Brokerweb Insurance & Risk Advisory

ICIB Brokerweb Insurance & Risk Advisory New Zealand’s leading independent insurance and risk advisory protecting New Zealand businesses

With current economic pressures driving widespread restructures across New Zealand, business owners face a heightened ri...
02/09/2026

With current economic pressures driving widespread restructures across New Zealand, business owners face a heightened risk of costly Personal Grievances (PGs) if processes go off track.

Many business owners don't realise their liability policy may already include Employment Practices Liability (EPL) cover to help manage these risks. The insurance can cover investigation, legal, and settlement costs associated with PGs, keeping out-of-pocket expenses capped at standard policy excess levels.

Read our article to learn more about what the cover includes and how you can access it -

https://www.icib.co.nz/news-insights/liability-and-personal-grievances

Are you committing insurance fraud without even realising it? Most people think of insurance fraud as big, dramatic sche...
01/09/2026

Are you committing insurance fraud without even realising it?

Most people think of insurance fraud as big, dramatic schemes like staged car crashes or fake burglaries. But there’s another type that is far more common. It's called soft fraud (or opportunistic fraud).

Soft fraud involves adding small 'little lies' or extra padding to a genuine claim or policy, such as inflating repair quotes, rounding up item values, or leaving details off an application.

Even minor adjustments are a criminal offence in New Zealand that can lead to declined claims, cancelled policies, and higher premiums for everyone.

Learn more about the risks and consequences in this article on soft fraud from the Insurance Fraud Bureau New Zealand.

https://ifb.org.nz/blog/soft-fraud-padding-a-claim-is-still-fraud/

Yellow was out in full force on Friday with our teams across New Zealand supporting Daffodil Day through fundraising mor...
31/08/2026

Yellow was out in full force on Friday with our teams across New Zealand supporting Daffodil Day through fundraising morning teas and collecting street donations.

Cancer affects many of our own families and colleagues so raising money for the Cancer Society New Zealand to continue their vital work is close to our hearts.

We are proud to share that we raised $1,150.51 - in addition to the money collected in the street appeal.

According to recent data from the Financial Services Council New Zealand (FSC), 9% of health insurance holders cancelle...
26/08/2026

According to recent data from the Financial Services Council New Zealand (FSC), 9% of health insurance holders cancelled their cover last year (up from 7% in 2022).

At the same time, the average health insurance claim paid per member nearly doubled - rising from $1,097 in 2021 to $1,921 in 2025.

While dropping cover might seem like an easy way to trim the budget today, it comes with two key risks -

1. Not having cover when you really need it.
2. The hidden risk of re-underwriting further down the track.

If you decide to reapply for health insurance at a later date, any health conditions developed in the gap could be permanently excluded.

Before walking away, talk to your adviser about options such as adjusting your excess to help lower your premium or going on a different plan.

In civil contracting, a damaged digger or truck means more than a repair bill - it means downtime, project delays, and l...
24/08/2026

In civil contracting, a damaged digger or truck means more than a repair bill - it means downtime, project delays, and lost cashflow.

Insurance therefore needs to do much more than just tick a box, it has to keep your business moving when your equipment can't.

In our latest article, we break down key risk areas, from downtime and machinery values to hired-in plant and contract requirements.

We also explore how specialised advice and proactive claims advocacy serve as a crucial shield to protect your cashflow and keep your projects on track. Read the article -

https://www.icib.co.nz/news-insights/keeping-civil-contractors-moving

If something was lost or stolen and you had to make a claim, would you have all of the necessary details to provide to t...
19/08/2026

If something was lost or stolen and you had to make a claim, would you have all of the necessary details to provide to the insurer?

We suggest keeping a record of your most valuable possessions including descriptions, receipts (if you have them) and photos.

Neighbourhood Support New Zealand has developed some free templates to help you record this important information - https://www.neighbourhoodsupport.co.nz/marking-recording-valuables

Are you insured with Asteron Life New Zealand?Acenda Group has announced plans to combine Asteron Life and Resolution Li...
18/08/2026

Are you insured with Asteron Life New Zealand?

Acenda Group has announced plans to combine Asteron Life and Resolution Life NZ into a single life insurance business under a new brand, Acenda Life, starting in 2027 (subject to regulatory approvals).

If you're an existing customer, there are no immediate changes to your current policy or services. The parent company, Acenda Group, stated this move simply reflects a long-term commitment to scale up and 'support New Zealanders for generations to come'.

Read more about the change here -

https://riskinfonz.co.nz/2026/08/11/asteron-life-resolution-life-to-become-acenda-life-from-2027/?

Understand what your health insurance policy does and does not cover. For example, are there optional modules to help ma...
13/08/2026

Understand what your health insurance policy does and does not cover.

For example, are there optional modules to help maintain your health such as physio sessions, dental and optical expenses or, with some insurers, upgrades to cover Non-Pharmac funded treatments?

Do you know the difference between Replacement and Indemnity insurance? Most people don't - until it’s time to claim. Th...
12/08/2026

Do you know the difference between Replacement and Indemnity insurance? Most people don't - until it’s time to claim. The gap can be thousands of dollars.

Check out this breakdown from the Insurance Council of New Zealand - ICNZ to make sure you’re covered for what you expect.

https://www.icnz.org.nz/wp-content/uploads/2023/01/Consumer_guide_to_replacement_vs._indemnity_insurance_v1.0.pdf

The recent icy conditions across New Zealand have brought slippery roads and therefore an increased risk of unexpected a...
10/08/2026

The recent icy conditions across New Zealand have brought slippery roads and therefore an increased risk of unexpected accidents.

If road incidents happen late at night or over the weekend, remember that you don't have to wait until Monday morning or office hours to get help.

Our website lists our after-hours emergency contacts to enable you to get immediate towing, glass repairs, or emergency support right when you need it most.

https://www.icib.co.nz/claims/after-hours

Address

Level 12, 66 Wyndham Street
Auckland
1010

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm

Telephone

+6493774314

Website

Alerts

Be the first to know and let us send you an email when ICIB Brokerweb Insurance & Risk Advisory posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to ICIB Brokerweb Insurance & Risk Advisory:

Shortcuts

Featured

Share

Category