Janine Starks writing in stuff.co.nz has this piece on exclusions. Starks advocates that consumers use advisers to pick their way through the policies. The article uses Quality Product Research resources to focus on the differences in exclusions between providers and to take particular aim at policies sold direct to customers. The general public often has difficulty comparing policy documents and understanding whether an exclusion is better or worse than another – even assuming that they take the time to read more than one policy document. Some good points are made – even if some of them may be uncomfortable for some insurers.
Susan Edmunds writes in goodreturns quoting research by NZIER based on Sovereign data that suggests a very high skew to top producing advisers in the industry and aims to estimate the impact of a possible cut in commission (by a quarter) on premiums at 6%. That is worth closer review as well. Link. Edmunds, also on, goodreturns tells us that Triplejump is restructuring. Link.