GYB Insurance Brokers

09/09/2025

Household budgets are tightening as inflation continues to impact everyday costs.

So what does this mean for your insurance?
Review your cover to ensure it reflects current asset values.
Consider bundling policies for better value.
Talk to us about higher voluntary excesses to help reduce your premium spend.
We’re here to help you stay protected, no matter the economic climate.

Find out more at: https://gybinsurance.co.nz

07/09/2025

Most Kiwis have car insurance.

But only half have life or health cover. We’re often more likely to protect our stuff than ourselves.

Life and health insurance can:
Provide faster access to care
Reduce financial stress
Support your family in tough times

While GYB doesn’t directly offer life or health insurance, we can refer you to trusted partners who do.

04/09/2025

The Reserve Bank has kept interest rates steady at 3.25% this month.

That means:
Loans and borrowing costs aren’t changing much.
Inflation is easing (now around 2.5%).
It’s a good time to check your business risks and cashflow.

If you run a small business, now’s a smart time to review your insurance, especially things like liability and interruption cover.

To read the full article click here: https://www.rbnz.govt.nz/hub/news/2025/07/ocr-3-25-percent-ocr-unchanged

03/09/2025

What if your KiwiSaver provider failed?

RNZ recently explored this question after an Australian super fund collapse.

The good news: NZ’s system has stronger protections.
But it’s a timely reminder to:
Know your provider
Understand your risk profile
Review your insurance for added financial resilience

Find out more here: https://www.rnz.co.nz/news/business/567018/what-would-happen-if-a-kiwisaver-provider-failed

NZ's KiwiSaver schemes have different protections for members, which should prevent the kind of investment losses seen after the failure of a Australian superannuation provider.

01/09/2025

Forecasts for the 2025/26 dairy season show milk prices could land anywhere between $8 and $11 per kg of milk solids. That’s a big range, and it means farmers are facing uncertainty. Prices might be strong, but they could also dip lower than expected.

Here’s how insurance can help manage that risk:
Farm assets – Make sure your tractors, sheds, and equipment are insured for what they’d cost to replace today.
Crop cover – Seasonal risks like flooding or frost can hit hard. Check your policy includes these.
Rural property – Rebuild costs are rising. Is your sum insured still accurate?

To read more click here: https://lnkd.in/gJdSrjBY

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17/08/2025

2025 is seeing a shift in the insurance market, here is what we are seeing:

1) A growing demand for cyber and digital asset cover
2) Increased focus on underinsurance risks
3) A softening of property rates in some areas
4) Increased regulatory pressure

13/08/2025

The housing market in New Zealand is showing signs of slowing down. Confidence in residential construction may be overestimated, with fewer new builds.

So what does that mean for homeowners?

Check your home’s insured value – Is it still enough to cover rebuild costs if something goes wrong?
Watch out for underinsurance – Construction costs have changed, and your policy might not reflect that.
Review your cover – Make sure it matches your home’s current value and condition.

Find out more here: Subdued housing market suggests residential construction confidence is overblown.

04/08/2025

Quiz Answer: B) Contents Insurance

Many New Zealanders underestimate the value of their household items, and forget to update their cover as they acquire more.

Think about it: furniture, electronics, clothing, appliances… it adds up fast. If you haven’t reviewed your contents insurance lately, now’s a great time.

Let’s make sure your protection reflects your lifestyle.

https://gybinsurance.co.nz/domestic-insurance

03/08/2025

QUIZ TIME!

Which type of insurance do most Kiwis forget to review?

A) Life Insurance
B) Contents Insurance
C) Business Interruption

Comment your guess below!

27/07/2025

Grocery supplier costs rose 2.1% year-on-year in June 2025.

As household budgets tighten, reviewing your insurance cover is more important than ever.

- Are your contents insured for today’s replacement value?
- Could bundling policies save you money?

Click here to get in touch: https://gybinsurance.co.nz/domestic-insurance

24/07/2025

Running a business? Public Liability Insurance protects you from legal costs if your work causes damage or injury.

Whether you're a tradie, consultant, or retailer, we've got your back.

Let’s tailor a policy that fits your business.

Call us: +64 4 586 2728 or head to our website
https://gybinsurance.co.nz/business-insurance

04/06/2025

DIY insurance vs using a broker: Which is better?

While online DIY options can seem cheap, they often don’t offer the same personalised advice you’ll get from a broker. Here’s why:

✔️ We provide tailored advice based on what your business needs
✔️ We help you understand your policy (no jargon!).
✔️ We’re always here when you need us.We provide a claims advocacy service.

Don’t leave things to chance , let’s chat about how we can help you get the best cover.