Alliance Grice Insurance Broking Group is a New Zealand owned company who have been operating for 20 plus years in the local insurance
Over the years we have built up an exceptional relationship with the various insurance companies which have proven to be invaluable to our operations.
We believe the broking industry is service based and to keep your client base satisfied you need to act quickly and efficiently and always in the best interest of your client. An example of this promptly acting on claim notifications and following through with the claims process to ensure a equitable settlement for my client.
Our typical services include assessing insurances required, reviewing current insurances in place, suggesting ways to minimize the over all risk exposure and of course proof reading and checking all claims before they are lodged with an insurer.
Insurance can be a minefeild. Let us help you safely navigate through the process of obtaining insurance.
Our services include presenting the risk in the best possible light to insurers and helping with claims preparation and lodgement.
Is an insurance broker for you?... The answer to that is YES, if you're a private person or director of corporation, we can help organise your insurances to provide beneficial covers to suit you're needs at competitive terms and premiums.
Remember to over insurer is wasting money in
in unused insurance premium but under insuring could cripple your finances in a total loss claim.
Contact us today to discuss your insurance requirements.
News & Publications
2018 - EQC Changes In The Pipeline
The Minister Responsible for the Earthquake Commission Dr Megan Woods announced changes to the EQC scheme.
These changes include:
Removing EQC insurance cover for contents.
Increasing the cap limit on EQC residential building cover to $150,000 (plus GST).
Enabling EQC to accept claim notifications for up to two years after a natural disaster, rather than the current three-month time limit for such notifications.
Clarifying EQC’s authority to share information to support the implementation of the EQC Act and settlement of insurance claims and where this is in the public interest and safety (A recommendation of the Canterbury Earthquakes Royal Commission).
The changes will improve how the EQC Act functions and enable the scheme to work more effectively for future natural disasters. The changes simplify and speed up the claims process, and resolve issues with the EQC Act that have previously been identified by the Ombudsman and the Canterbury Earthquakes Royal Commission.
The Minister's media statement is available on the Beehive website.
Some Useful Fire Prevention Tips For Our Rural Clients
Here are some tips, as enumerated by FENZ, when lighting fires:
Avoid burning in windy conditions;
There should be someone to watch over the fire at all times;
Always have a hose, water bucket or water cart at the ready;
If you have had a burn, make sure you first wash down the burn area to remove any residual heat – some burn piles in the right conditions can remain hot for months.
Fire Service Levy Overhaul
You may be aware that the government has announced an overhaul of the fire service levy effective 1 July 2017. This is a government levy chargable on all property insurance which effects both commercial and domestic customers. Please read a little more on this increase here
Property Managers and Private Landlords - The new Health and Safety at Work Act 2015
The new legislation requires all Persons Conducting a Business or Undertaking (PCBU) to ensure the health and safety of workers and others so far as reasonably practicable and also places a duty on directors and officers to ensure their organisation is taking all proper steps to comply with their duties.
Property owners, property manager and contractors/handyman engaged by a property owner or property manager are all classed as PCBU’s (the new primary duty holder under the Act).
Property Managers and landlords may be aware that their responsibilities have increased under the new HSWA. Residential landlords may not be aware of their increased responsibilities.
Insurance Protection Available:
Under The Health and Safety at Work Act 2015 a Statutory Liability cover does not indemnify the Insured for the fine (as it would be illegal for an insurer to do so), but provides indemnity for any reparations ordered as the result of a prosecution and would also pay defence costs up to the sum insured.
If a residential landlord has their insurance with us, while there is a liability cover in the domesitc policy you should consider obtaining a statutory liability policy noting the occupation as landlord / property owner to gain the protection noted above.
Are "drones' covered under a general liability policy?
It would have to be impossible to have not noticed the latest craze in 'gadgets', namely, the increasing proliferation of drones, otherwise known as UAV's (Unmanned Aerial Vehicles). They are used in a wide array of businesses such as aerial photography, aerial spot spraying, TV & media, search & rescue, farming operations etc.
From the perspective of liability policies, where do they fit in? Short answer is that they don’t! Generally liability policies exclude "ownership, maintenance, operation or use... of any aircraft". Aircraft is generally accepted as being defined as "any machine or device that is capable of flight" which clearly excludes the use of "drones'
If you use a drone in your operations please contact us so we may help organise the correct cover to include this widely used gadget.
For more information please see this Vero Liability market bulletin.
27-05-2014 (Update) / 24-01-2014
Businesses urged to prepare for increasing threat of cyber attacks. Local companies are 'woefully underprepared' and need to protect themselves
Cyber Risk Insurance
A new product on the market is AIG CyberEdge® policy. Cyber risk has become a real liability risk for business around the world.
This is a specialised product CyberEdge® is a comprehensive risk management solution for cyber insurance offered by AIG. In a rapidly changing landscape, CyberEdge provides innovative protection to help businesses safeguard against sensitive data breaches, computer hacking, dumpster diving, computer viruses, employee sabotage or error, pilferage of information, and identity theft. It may help you stay ahead of the curve and provide responsive guidance based on years of experience. The protection that CyberEdge provides is a valuable additional layer to the most powerful first line of defense against cyber threats—a company’s own IT system.
AIG's CyberEdge® claims specialists are ready to assist a company’s IT department with managing the aftermath of a cyber attack the moment it occurs.
Please refer to the "read more" link for claims scenarios and further product details.
Please contact us to discuss this policy further.
Insurances We Arrange
Motor (Business & Private)
House & Contents
Dwelling Insurance Sum Insured Changes
The way New Zealanders organise House Insurance is changing - In recent years there have been several large scale natural disasters around the globe. These catastrophes, including the earthquake and tsunami in Japan, storms in the USA, and earthquakes in Canterbury, have all had a huge impact on the insurance industry. This has driven changes to the way that insurance is provided in New Zealand.
Historically in New Zealand, most Home policies provided rebuild cover up to the floor area specified in the Policy Schedule.
This has now changed. All our Home policies will now provide cover for the cost to rebuild your home up to a Sum Insured, which brings us into alignment with the rest of the world. This means, in the event of a total loss, we will cover your rebuild costs up to the Sum Insured specified in your Policy Schedule. It is therefore important that you ensure your Sum Insured is adequate to cover.
If your home is already covered on a Sum Insured basis, we encourage you to check that the Sum Insured on your Policy Schedule is sufficient to cover all costs of rebuilding your home.
Subcontracors Under Your liability policy?
You maybe aware the main purpose of a Public Liability Insurance policy is one to protect the policy holder against unforeseen, accidental occurrences of negligence in the occupation disclosed to the insurer. This protection extends to include principals, subsidiaries and employees of the insured company. It does not provide cover for subcontractors but does carry vicarious liability which is liability through a third party where by law you can be held liable for the action of the third party. Liability by agreement or contract is not vicarious and is excluded by the policy.
However if at law the insured is vicariously liable the cover will protect the insured but the insurer can then initiate proceedings against the guilty party.
Our recommendation is that before allowing a subcontractor to engage in any of your work you sight evidence of current public liability policy for not less than the required amount under the contract you have entered in to with your client