Welcome to Wotton Kearney’s NZ Insurance Market Trends Update, our biannual snapshot of legal trends and developments impacting claims managers, underwriters, brokers and corporates operating in the New Zealand market. In this edition, we look at the impact of recent matters in the areas of D&O claims, representative actions and EPL. We provide updates on […]
Wotton Kearney is pleased to provide our 2021 Insurance Predictions Report, looking at the major trends and issues we expect will remain in the spotlight for the insurance industry in our region this year. It’s no surprise that this report addresses some of the horizon issues that we expect to face in the wake of […]
Today New Zealand’s new privacy regime comes into effect. Arguably the most important change created by the Act is that it is now mandatory for businesses to report privacy breaches in situations likely to cause serious harm. Assessing whether a business has a reasonable belief that a breach has caused serious harm can be a […]
2020 has reminded us all how quickly our world can be turned upside down. As the market considers how best to prepare for a resilient future, scenario planning is a key tool that can begin to provide the answers. Wotton Kearney has joined with our Legalign Global alliance partners to produce the Critical Uncertainties series […]
The growing dependence on technology and our hurried transition to remote working as a result of the pandemic has increased opportunities for malicious cyber-actors to target vulnerable organisations. Wotton Kearney’s Australian Cyber Team Kieran Doyle talks to Insurance NEWS on the impact on the insurance industry of the government’s efforts to improve Australia’s cyber-resilience and […]
On 1 December 2020, New Zealand’s new privacy regime will come into effect. The new legislation updates New Zealand’s 27-year-old privacy framework, including a new Health Information Privacy Code. Under the Code, medical practitioners continue to have an obligation to provide patients with their health information. They also continue to have an obligation to ensure […]
On 30 June 2020, New Zealand’s privacy regime was reformed with the royal assent of the Privacy Act 2020. The new legislation will come into effect on 1 December 2020. The new legislation introduces a range of reforms that bring New Zealand into line with international best practice for privacy and data protection. These include mandatory […]
Wotton Kearney is committed to keeping our clients informed of the insurance and broader business implications of the coronavirus outbreak. With senior insurance law experts across major policy types and market sectors, we are well placed to provide advice and tailored support in product lines and claims areas we specialise in. On this page you […]
On 9 March 2020, the Office of the Australian Information Commissioner (OAIC) lodged Federal Court proceedings against Facebook for ‘serious and/or repeated’ breaches of the Privacy Act in an action that is the first of its kind in the Australian legal landscape. The case marks the turning point where the Australian regulator signals more of […]
Insurers are likely to receive an increase in cyber claims due to the impact of the coronavirus. Most businesses have had to accommodate remote working rapidly, leaving many with a range of cyber security exposures. There are already phishing scams using COVID-19 related messages to lure anxious individuals and the number of these is expected […]
