GSI Insurance

When you start a client project, you aren't expecting anything to go wrong - but unfortunately, it's always a possibility. This is why many contracts include a limitation of liability clause, which seeks to limit the amount of damages one party can claim from the other if there is an issue.

In conjunction with Wotton Kearney, we recently prepared a Guidance Note to help business owners understand:

✒️ What limited liability clauses are, and how they can reduce your risk.
✒️ Commercial considerations when using limited liability clauses.
✒️ Best-practice suggestions for incorporating limited liability clauses into your contracts.

Request your copy by emailing [email protected], or ask your broker.

Data from Consumer NZ's Sentiment Tracker shows that insurance is one of the least trusted industries in NZ, with 40% of respondents saying they don't trust insurance companies.

Anecdotally, a lot of this mistrust comes from the perception that insurers try to avoid paying claims, or rely on complicated policy wording to 'catch people out'.

We're pleased to say that isn't usually the case - but if you want more confidence in your insurance, working with a broker will make a big difference. We clearly explain your policies so you know exactly what you're covered for, and we negotiate with the insurer on your behalf if you need to make a claim. This leads to high claim acceptance rates, and a more transparent process.

Get in touch with us to get started: https://gsi.nz/contact-gsi