Insurers seek more clout in planning decisions

Insurance Council chief executive Kris Faafoi. (Image: NZME)

Tue, 04 Nov 2025

Insurers are changing tack on new housing developments, and want their views heard at the front end of the planning stage.Insurance Council of New Zealand chief executive Kris Faafoi said insurers weren’t prepared to wait until new developments were built before understanding the risk. The former Labour Cabinet minister took on the job in April last year.“One of the things I’ve been asked to do as a new chief executive is to have a different relationship with councils, to understand what they might be planning and to what leve...

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