Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


IAG NZ’s Blair Williams Named ‘Insurance Leader Of The Year’

IAG NZ’s General Counsel and Executive General Manager External Relations, Blair Williams, has been jointly awarded the Insurance Leader of the Year Award at the New Zealand Insurance Awards, hosted by ANZIFF, the Australian and New Zealand Institute of Insurance and Finance.

Mr Williams has been recognised for his leadership role in driving the Natural Disaster Response Model (NDRM) to fruition.

The NDRM has improved outcomes for Kiwis affected by natural disasters, giving customers a single point of contact and a more seamless experience. Under the NDRM, anyone with home insurance, whose home or land is damaged in a natural disaster, now only needs to lodge one claim with their insurer. They no longer need to lodge a claim with the Earthquake Commission (EQC). Insurers are responsible for managing all such claims to completion, including any portion which is the responsibility of EQC.

Mr Williams says, “It is an honour to accept this award on behalf of the broader IAG team, who have worked tirelessly to drive these changes and transition our business and industry to the new natural disaster response model.

“IAG has been helping Kiwis recover from natural disasters for many decades. We know all too well that when disaster strikes, our customers simply want the information and support they need to put their lives back together as quickly as possible.

“Our team has worked closely with EQC, Insurance Council of New Zealand and the broader insurance industry to drive these changes because our people and customers have told us, time and again, that dealing with multiple agencies to settle insurance claims adds complexity and pain points to the total recovery process.

“While we hope most New Zealanders will never need to experience the new model first-hand, we know that if they do, this successful industry-wide effort has delivered a system that will help make their recovery experience as seamless as possible.”

Mr Williams was jointly awarded Insurance Leader of the Year alongside Sid Miller (CEO, EQC); Jimmy Higgins (CEO, Vero) and Campbell Stewart (Vero).

© Scoop Media

Business Headlines | Sci-Tech Headlines


Energy Resources Aotearoa: New Law On Decommissioning Could Be Costly Overkill
A new law on decommissioning oil and gas fields passed by Parliament today has good intentions but is overkill, according to Energy Resources Aotearoa. "We strongly support operators taking responsibility and paying the costs for decommissioning, which is what all good operators do," says chief executive John Carnegie... More>>

Commerce Commission: News Publishers’ Association Seeks Authorisation To Engage In Collective Bargaining

News Publishers’ Association of New Zealand Incorporated seeks authorisation and provisional authorisation to engage in collective bargaining with Facebook and Google. The Commerce Commission has received applications from News Publishers’ Association of New Zealand Incorporated (NPA) seeking authorisation and provisional authorisation on behalf of itself... More>>

Reserve Bank: MPC Continues To Reduce Monetary Stimulus
The Monetary Policy Committee agreed to raise the Official Cash Rate (OCR) to 0.75 per cent. The Committee agreed it remains appropriate to continue reducing monetary stimulus so as to maintain price stability and support maximum sustainable employment... More>>

PriceSpy: Producer Prices Increase
New Black Friday and Covid-19 Report* released by PriceSpy says people’s fear of stepping inside physical shops during big sales events like Black Friday has risen since last year; Kiwis are still planning to shop, but more than ever will do it online this year... More>>

NZ Skeptics Society: Announce Their 2021 Awards, And Dr Simon Thornley Wins The Bent Spoon

Every year the New Zealand Skeptics presents its awards to people and organisations who have impressed us or dismayed us, and this year it’s been hard to pick our winners because there have been so many choices!.. More>>

REINZ: Sales Volumes Leveling Out

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 44 fewer lifestyle property sales (-2.6%) for the three months ended October 2021 than for the three months ended September 2021... More>>

BNZ: Auckland Retail Card Spending Bounces Back In Step Two
Bank of New Zealand (BNZ) card spending data released today shows one week of retail therapy at Alert Level 3 Step 2 has been enough to raise card spending in Auckland to levels greater than before the Delta lockdown... More>>