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Thread: Insurance! Who has it and how much?

  1. #31
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    Quote Originally Posted by imdying View Post
    Bike is with Vero, via the broker David Golightly, whom I'm sure many of you know or deal with. Told me a little fact that I wasn't aware of... as I already have insurance with them, any additional bike I buy is automatically covered for 30 days on the first policy. Will have to look up my policy to read the fine print, but that's a nice thing if you go and buy a bike on a whim on a weekend
    If you make a habit of sending abusive and threatening messages via the rep system, it's pretty gutless to turn your PM's off, Dickwad.

  2. #32
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    Quote Originally Posted by Oscar View Post
    Ah, NoBike / Spamboy I see you're still schilling yer wares here - still no bike, eh?
    Why don't you mention the Financial Rating of your preferred insurer?
    Isn't that a regulation for advertisements?
    And are you going to declare how much your "volume of business" with Star increases your brokerage?
    Plus, if you really are an "independant broker" why do you only recommend one insurer?


    Thanks for the red, Oscar. Did you get out of bed on the wrong side this morning? Or are you always an angry man? Have you been stitched-up by an insurance salesman or something and have a grudge against anyone involved with insurance?

    What did Tim or I ever do to you? I am a genuinely independent adviser, I've never met Tim and only communicated with him online for my bike insurance, we're not related as far as I know, either, so I can only take him at his word.
    He got me the deal I was looking for for my bike insurance and despite my company's rep and ability, I will have no hesitation on recommending Tim for bike cover if that's all someone is looking for.

    This thread is one I started, and if you have an issue with it, you know where the door is...
    You don't get to be an old dog without learning a few tricks.
    Shorai Powersports batteries are very trick!

  3. #33
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    to every one out there

    ring swann insurance get a quote first
    and they do house car bike
    and free call outs for car bike
    and the towage is about 100 $ not $50 like a lot of others

  4. #34
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    19th August 2003 - 15:32
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    Quote Originally Posted by Edbear View Post
    Thanks for the red, Oscar. Did you get out of bed on the wrong side this morning? Or are you always an angry man? Have you been stitched-up by an insurance salesman or something and have a grudge against anyone involved with insurance?

    What did Tim or I ever do to you? I am a genuinely independent adviser, I've never met Tim and only communicated with him online for my bike insurance, we're not related as far as I know, either, so I can only take him at his word.
    He got me the deal I was looking for for my bike insurance and despite my company's rep and ability, I will have no hesitation on recommending Tim for bike cover if that's all someone is looking for.

    This thread is one I started, and if you have an issue with it, you know where the door is...
    Angry, me?
    Nah...

    I just get sick of guys spamming sites like this.
    I am an Insurance Broker myself, and whereas I am happy to answer questions if asked, I don't feel the need to flog my wares in the motorcycle area as there is a vendors forum here (perhaps you'd like directions?). Actually I don't sell much retail motorcycle insurance, although I do occasionally work for underwriters as a consultant on the subject.

    One of my pet peeves, as you may have guessed, is people who represent themselves as brokers, but don't actually cover the market.

  5. #35
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    19th August 2003 - 15:32
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    Like my new avatar?

  6. #36
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    Quote Originally Posted by Oscar View Post
    Like my new avatar?


    Oscar has always been the cute one!

    I considered both whether to and where to post this thread, and since returning to the financial services arena after about 18 years, I was finding it a very interesting field! We specialise in personal and business risk insurance, but cover the areas in my sig. with people and companies who are top experts in their fields.

    For example, out trust guy is none other than Jonathan Cron, Director of NZ Trustee Services and the only company authorised by IRD to do their auditing and provide specialist advice. He flies up from Chch each fortnight for Lighthouse, so that should also indicate the mana of my company... I can get my clients an interview with Jonathan free, so if anyone wants to know about setting up a family or commercial trust and wants it set up properly, who better to ask?

    Our GM is an adviser to the insurance industry, apparently there are only about four people in the country who know what he knows - when insurance companies want to know stuff, they ask Kevin! He has enormous clout within the financial industry and has his own financial services company. I have seen him rescue seemingly hopeless situations that others have written off, simply due to his product knowledge and his influence with banks! Lighthouse were very keen to have him on board and it says something about the partners that he agreed to join!

    Lighthouse is unique to NZ currently and as salaried advisers, our job is to review our clients situation and obtain the best outcomes for them. We combine the services as a package and are able to do things that many can't, or don't know about. We do at times find that a client has a very good broker for insurance who is doing well and getting good cover for their clients and in that instance we advise the client to stay where they are. We are advisers, not commissioned sales agents and as such we have more flexibility and credibility. We have, regretfully, also found clients who were obviously "advised" by agents and brokers more interested in their commission than the clients needs and have saved them anywhere from 25-45% on their costs.

    We also find clients who have been sold the wrong products and would be at a loss in the event they needed to claim. Either not being able to claim at all, despite paying premiums, or that the payout would be much less than they would need, making their insurance a waste of money - not worth claiming on. Many are also simply paying far more than they need to for what they have.

    Stand alone bike insurance, we refer to specialist bike insurers, as it's better to either do that, or as part of their entire insurance package. People like Tim, Classic and Kiwibike do good rates, hence me going to Tim rather than my own insurer. Star's quote was much dearer, and I was suitably impressed that Tim could get me a very competitive rate with Star, good enough that I didn't take the Classic quote.

    It is true that some insurance companies want a broker's entire business or close to it, and Lighthouse turned one company down, which wanted 85% of our business for us to represent them. We said, "Sorry, we don't work that way" and they wouldn't deal with us. Upshot is, Lighthouse weren't too worried, as while the insurance company was one of the better and bigger ones, there are several above them and they are now willing to deal if we feel they are right for a particular client's needs.

    We don't charge for our services, so anyone can meet with us and have us review their needs for free with no obligation.
    You don't get to be an old dog without learning a few tricks.
    Shorai Powersports batteries are very trick!

  7. #37
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    Quote Originally Posted by Oscar View Post
    Like my new avatar?
    Hmmm, I recognise that smile!! That's the same one your wife has when I fuck her in the arse!

  8. #38
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    Quote Originally Posted by Oscar View Post
    If you make a habit of sending abusive and threatening messages via the rep system, it's pretty gutless to turn your PM's off, Dickwad.
    He is good at this. Will red rep you for absolutely nothing then get's pissy when you send one back.
    Put the tosser on ignore and this site gets sooo much better!
    TOP QUOTE: “The problem with socialism is that sooner or later you run out of other people’s money.”

  9. #39
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    19th August 2003 - 15:32
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    Quote Originally Posted by Swoop View Post
    He is good at this. Will red rep you for absolutely nothing then get's pissy when you send one back.
    Put the tosser on ignore and this site gets sooo much better!
    You're right!
    Good werk, young man.
    And it makes all his adolescent red rep comments disappear.
    Perhaps one day when he's finished puberty, he'll be worth arguing with.

  10. #40
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    Quote Originally Posted by Edbear View Post
    Oscar has always been the cute one!

    I considered both whether to and where to post this thread, and since returning to the financial services arena after about 18 years, I was finding it a very interesting field! We specialise in personal and business risk insurance, but cover the areas in my sig. with people and companies who are top experts in their fields.

    For example, out trust guy is none other than Jonathan Cron, Director of NZ Trustee Services and the only company authorised by IRD to do their auditing and provide specialist advice. He flies up from Chch each fortnight for Lighthouse, so that should also indicate the mana of my company... I can get my clients an interview with Jonathan free, so if anyone wants to know about setting up a family or commercial trust and wants it set up properly, who better to ask?

    Our GM is an adviser to the insurance industry, apparently there are only about four people in the country who know what he knows - when insurance companies want to know stuff, they ask Kevin! He has enormous clout within the financial industry and has his own financial services company. I have seen him rescue seemingly hopeless situations that others have written off, simply due to his product knowledge and his influence with banks! Lighthouse were very keen to have him on board and it says something about the partners that he agreed to join!

    Lighthouse is unique to NZ currently and as salaried advisers, our job is to review our clients situation and obtain the best outcomes for them. We combine the services as a package and are able to do things that many can't, or don't know about. We do at times find that a client has a very good broker for insurance who is doing well and getting good cover for their clients and in that instance we advise the client to stay where they are. We are advisers, not commissioned sales agents and as such we have more flexibility and credibility. We have, regretfully, also found clients who were obviously "advised" by agents and brokers more interested in their commission than the clients needs and have saved them anywhere from 25-45% on their costs.

    We also find clients who have been sold the wrong products and would be at a loss in the event they needed to claim. Either not being able to claim at all, despite paying premiums, or that the payout would be much less than they would need, making their insurance a waste of money - not worth claiming on. Many are also simply paying far more than they need to for what they have.

    Stand alone bike insurance, we refer to specialist bike insurers, as it's better to either do that, or as part of their entire insurance package. People like Tim, Classic and Kiwibike do good rates, hence me going to Tim rather than my own insurer. Star's quote was much dearer, and I was suitably impressed that Tim could get me a very competitive rate with Star, good enough that I didn't take the Classic quote.

    It is true that some insurance companies want a broker's entire business or close to it, and Lighthouse turned one company down, which wanted 85% of our business for us to represent them. We said, "Sorry, we don't work that way" and they wouldn't deal with us. Upshot is, Lighthouse weren't too worried, as while the insurance company was one of the better and bigger ones, there are several above them and they are now willing to deal if we feel they are right for a particular client's needs.

    We don't charge for our services, so anyone can meet with us and have us review their needs for free with no obligation.
    Jeez, you gotta get points for trying I'll give you that.
    Perhaps a translation of all that waffle is in order.
    Summat like; "I'm a Life Insurance Agent and I want your business"?

  11. #41
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    Quote Originally Posted by Oscar View Post
    Ah, NoBike / Spamboy I see you're still schilling yer wares here - still no bike, eh?
    Why don't you mention the Financial Rating of your preferred insurer?
    Isn't that a regulation for advertisements?
    And are you going to declare how much your "volume of business" with Star increases your brokerage?
    Plus, if you really are an "independant broker" why do you only recommend one insurer?
    I have owned several off roaders in my past and due to my current position I am unable to purchase my bike of choice, although I have one lined up. None of your business really but for the purposes of this forum: I am a motorcycle fan which is why I frequent the site.

    As a broker it is in my best interests to protect the client from any un-nessecary risk which is why I only deal with underwriters who have a financial rating of A or higher.

    My brokerage is none of your business.

    I am an independant broker. I deal with many insurers for many different policies I can arrange. But if there is one insurer who stands out from the rest for a particular policy, an insurer who I can do great deals for my fellow KiwiBikers with, an insurer who settles claims efficiently and fairly, an insurer with a good policy wording, and an insurer I trust (hard to find) - what reason do I have to go elsewhere? I'm sure the KB'ers I have helped out with insurance will not complain with what I have done.

    Stop your whinging Oscar it's getting old.

  12. #42
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    Quote Originally Posted by Edbear
    Thanks for the update, Tim. And thanks again for the rate you got me, I tell everyone about you. What was the contact again for ROadside assist? I forgot about it and lost it! (I blame the drugs!)
    G'day mate, no sweat A pleasure to be of assistance.

    PM me as to which number you are after: the one you call to sign up or the one to call if you are stuck in the middle of nowhere with a broken bike...

  13. #43
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    Quote Originally Posted by Oscar View Post
    Angry, me?
    Nah...

    I just get sick of guys spamming sites like this.
    I am an Insurance Broker myself, and whereas I am happy to answer questions if asked, I don't feel the need to flog my wares in the motorcycle area as there is a vendors forum here (perhaps you'd like directions?). Actually I don't sell much retail motorcycle insurance, although I do occasionally work for underwriters as a consultant on the subject.

    One of my pet peeves, as you may have guessed, is people who represent themselves as brokers, but don't actually cover the market.
    If you are referring to me please refrain from making false statements.

  14. #44
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    Quote Originally Posted by Oscar View Post
    Like my new avatar?
    Some people are leaders, others are followers...like sheep. You like sheep mate?

  15. #45
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    19th August 2003 - 15:32
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    Quote Originally Posted by jetboy View Post
    I have owned several off roaders in my past and due to my current position I am unable to purchase my bike of choice, although I have one lined up. None of your business really but for the purposes of this forum: I am a motorcycle fan which is why I frequent the site.

    As a broker it is in my best interests to protect the client from any un-nessecary risk which is why I only deal with underwriters who have a financial rating of A or higher.

    My brokerage is none of your business.

    I am an independant broker. I deal with many insurers for many different policies I can arrange.
    Before we go any further, the word is independent, you moron.

    Secondly, you may wish to check your facts:

    Star Insurance has the WIDEST Insurance policy available in
    New Zealand and is underwritten by:

    Lumley General Insurance (N.Z.) Limited - Standard & Poors Rating A-
    Please don't get me wrong, I have no problem with you carrying on business here. I just think you could be more accurate in your statements and also carry on that business in the designated area:

    http://www.kiwibiker.co.nz/forums/forumdisplay.php?f=18

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