If you asked the average man on the street if he thought compulsory third party insurance was a good idea you would inevitably hear a unanimous, “Yes – absolutely. It should have been introduced years ago.” The issue has been a point of debate off and on for years. Often newly elected politicians will grab…
The consequences of not disclosing all relevant information to an insurance company can be serious, particularly when: • Completing a new insurance application, or Renewing a policy. • Non-disclosure may result in claims being declined and the policy cancelled. It is also possible that you will be unable to obtain insurance in future. If you cannot get cover, you may not be able to…
When O’Connor Warren director Eamon O’Connor branched away from the corporate world to establish his own specialist transport and trucking insurance brokerage more than two years ago, he says he didn’t appreciate the significant interest this move would generate. O’Connor is also a former board member of the New Zealand Trucking Association and general adviser to many industry bodies and groups around matters of insurance and risk. He has garnered a respected track record…
Once you have quality employees on board, how do you keep them from jumping ship? One way is by offering a good ‘benefits’ package. Many small-business owners mistakenly believe they cannot afford to offer benefits. But while going without benefits may boost your bottom line in the short run, this pennywise philosophy could strangle your businesses chances for long-term prosperity. There are certain benefits good employees feel they would like to…
For many people, finding a good insurance broker is just as cumbersome as finding good insurance. But there are no brokers for finding insurance brokers. Finding the right one is up to you. Whether you’ve recently bought a business, or simply need someone fresh, you need to know that you’re working with someone you can…
The new sentencing Amendment Act 2014 changes the court’s ability to award reparation costs in respect of personal injury over and above ACC settlements. There are differing opinions within the legal fraternity as to the potential impacts on individuals and companies until some real world examples emerge. The law change has come following a Supreme…
Agreements between transport operators, contractors and their principals have always played a part in defining the insurance obligations of the parties. However, recently the detail and additional conditions set down for signature have increased and become more complicated. This can leave not only the contractor unsure of their responsibilities, but in many instances the principal…
New Zealand employers and employees are set to face the biggest change to the health and safety regime in more than 20 years. Changes have been introduced following the Pike River coal mine tragedy, and also various subsequent reviews which have observed a poor health and safety record in New Zealand in comparison to its…
Transporters should be preparing to look at their insurance programmes following changes to rules around the Carriage of Goods Act – but not necessarily until renewal time, according to one leading broker. DIESELtalk has already reported that under the changes, the limited carriers risk limit is to rise from $1500 to $2000. Aside from updating…
Eamon O’Connor from O’Connor Warren Insurance Brokers speaks to Bay Times about changes in domestic insurance. Bay Times Article Feb 2014 Written by Natalie Dixon for Bay Times, 22nd February 2014.