Cross-insurer topics

Same coverage question, every insurer's answer side-by-side — sourced verbatim from the wording. Each topic page shows how NZI, QBE, AIG, Zurich, Delta, Dual (and off-panel comparators like Vero) handle a specific issue.

• Occurrence vs Claims-Made Cover in NZ Commercial Liability

  Public / general liability wordings in NZ are written on an occurrence basis (covers events during the policy period regardless of when claimed). Professional indemnity, D&O and cyber are written on a claims-made basis (covers claims made and notified during the policy period for past acts). The difference decides whether you need run-off cover when you change insurers or close the business.

• Retroactive Date and Run-Off Cover in NZ Professional Indemnity

  On claims-made policies, the retroactive date sets the earliest "act" the insurer will pick up. Run-off cover continues to defend post-policy claims for past acts after you stop trading. Both decide whether a claim 5 years from now on work you did yesterday will be covered.

• Defence Costs — In or Outside the Limit

  On some wordings, defence costs erode the limit of indemnity (you pay legal costs out of the same pool that pays the settlement). On others, defence costs sit outside the limit. The structure can swing the effective protection by 30-50% on a contested matter.

• Insurability of Fines by NZ Statute

  NZ statutes differ on whether the fine itself can be insured. HSWA fines are NOT insurable for the body corporate; defence costs and reparation orders are. Privacy Act civil pecuniary penalties are typically insurable. RMA infringement fees vs prosecutions differ. Statutory Liability wordings publish a list of Acts they cover — this page shows each insurer's schedule verbatim.

• ACC Interaction with NZ Liability Cover

  NZ's Accident Compensation Act bars most employee claims for accidental workplace injury — ACC absorbs them. Public liability excludes ACC-covered events. Employers liability covers gradual-process bodily injury that ACC does not. This page summarises each insurer's ACC interaction language.

• D&O Side A / Side B / Side C Structure

  D&O policies divide cover into Side A (non-indemnifiable loss — directors personally), Side B (company reimbursement for indemnified loss), and Side C (entity securities cover for the company itself). The split decides who is named on each limit, whose defence costs are advanced first, and how the limit is allocated under multi-party claims.

• Management Liability Modules — What's Bundled

  Management liability bundles D&O + employment practices + statutory + tax investigation + crime into one policy for private companies. NZ wordings differ on which modules are core vs optional, what sub-limits apply per module, and whether the limits are aggregated or separate.

• Ransomware Payment Handling in NZ Cyber Cover

  Most NZ cyber wordings cover incident response, forensic and BI costs from a ransomware attack. Whether the actual extortion payment is insurable is a different question — and depends on sanctions screening (OFAC), insurer policy on negotiation, and the wording's explicit ransomware section.

• Territory and Jurisdiction Limits in NZ Liability Cover

  NZ commercial liability wordings differ on territory (where the act giving rise to the claim can occur — usually NZ + worldwide excluding USA/Canada) and jurisdiction (where a claim can be brought against you — usually NZ courts only). Cross-border SaaS, export, and consultancy work needs careful attention to both.