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What To Do in the Event of a Professional Indemnity Insurance Claim

18/08/2016

No matter how well you run your business, there is a good chance that at some stage one or more of your clients will claim you have made an error...

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What is Liability Insurance?

01/08/2016

Investopedia defines Liability Insurance as “any type of insurance policy that protects an individual or business from the risk that they may be sued and held legally liable for something...

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Professional Indemnity Insurance – Do I need it ?

12/07/2016

We frequently get asked this question from members of The Property Institute, some with the knowledge that we are members of the Executive Committee of “Land Professionals Mutual Society” (LPMS)...

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What is a Cyber Threat?

24/06/2016

A cyber threat is any type of potential undertaking by an individual or organisation that targets computer information systems, infrastructures, computer networks, and/or personal computer devices by various means of...

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What is Indemnity Insurance

24/06/2016

Professional Indemnity Insurance is designed to indemnify a consulting practice against its financial loss when establishment of a legal liability requires the consulting practice to compensate either a client or...

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What is Public Liability Insurance?

24/06/2016

Public Liability Insurance caters for liabilities arising from "accidents" or "occurrences" in business that cause either property damage or personal injury to members of the public.

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Cyber Crime - The Threat is Real - Is this Covered by Business Insurance

20/06/2016

In New Zealand in the past year, $257m was lost to cyber crime and impacted 856,000 New Zealanders.

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The Construction Contracts Amendment Act 2015 - Professional Indemnity Insurance

07/04/2016

When the Construction Contracts Act 2002 came into effect on 1 April 2003 it vastly improved payment and dispute resolution behaviours across the entire building industry.

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Limitation Act 2010 Implications for Members

08/03/2016

Following the controversial introduction of the draft boundary definition Rules for earthquake affected areas of Christchurch by LINZ in early 2015, Members in that location asked LPMS to provide advice...

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Valuers conflicts of interest and ethics

08/10/2015

The Valuers Registration Board (VRB), New Zealand Institute of Valuers (NZIV) Professional Practice Committee, and Land Professional Mutual Society (LPMS) have recently been dealing with many complaints involving conflicts of...

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