Which stories packed the biggest punches for 2016?

by Maryvonne Gray 23 Dec 2016

Which stories packed the biggest punches for 2016?

There was no question who took the prize for IBNZ’s most read story in 2016 - in fact this insurer claimed the top two spots by a considerable margin.

The number one most read story was taken by insurer Youi being charged for deceiving customers, which was published in August.

The South African insurer prompted a shedload of negative press over the year as an investigation was launched into dodgy sales tactics which copped it a $100,000 fine by the Insurance Council of New Zealand (ICNZ), as revealed in October, and also landed it the second most read story position.

To cap it off it then received a $320,000 fine in court last week.

The next two positions were taken by company executives resigning from their roles.

Third place was Marsh New Zealand’s Grant Milne who stepped down in March to take up a new role as CEO of ICIB Ltd.

Direct insurer Tower’s CFO Brett Wilson quit his job just 16 months into the role – and this landed in fourth place for most read stories.

Next, the brokers were causing waves, with questions being asked about whether Aon New Zealand’s shift of business should be a cause for concern in April 2016.

Curiosity was piqued for many when ANZIIF revealed the finalists for the fifth annual industry awards in September.

The winners of the 2016 awards were revealed at a prestigious ceremony at Auckland’s Sky City in November.

The next three biggest stories were about exciting new appointments and mergers.

Taking the seventh most read story position was NZ industry darling Jo Mason securing the CEO position at NZbrokers in April.

Following that, was the news in June that Insurance Advisernet NZ and NZbrokers were to join forces.

Ninth position was Zurich’s appointment of Rajbir Nanra as the new CEO for its general insurance business in Australia and New Zealand at the start of the year.

And in 10th position was Tower again, this time prompting rumours of a buyout across the Tasman.

While the numbers were big, no-one has yet surpassed the frenzy of excitement that Ando’s launch prompted back in June 2015.

Read the next edition to find out which stories got you all talking the most…


Related stories:
IBNZ’s 2015 top story shocker
2014 - The year in review