3:59

Craig Simpson for MAS Business Risk Advice team

March 19, 2024

Video Transcript


Speaker: Craig Simpson, Head of Business Advice

What is the most popular Business Insurance cover lines we provide our Members?

Craig Simpson: I wouldn't say there is a popular insurance cover line that we provide our Members. I think each is as important as the other. However, recently Cyber Insurance has become a major problem around the world with the way in which technology is developing. And every piece of equipment that you touch nowadays has got a computer attached to it. And it has a computer attached to it, which is linked to Wi-Fi or linked to your LAN set up, it is then exposed to a potential hack. There are so many different ways in which these criminals are getting into our systems extracting data and then using that data to hold us ransom. And that's probably one of the most important, developments in insurance recently and how this product is developed to protect our Members and generally just business out there. So, yeah, I wouldn't say there is a popular insurance cover line, but I would say they are all important. The one that we are finding most critical at the moment is cyber risks.

What hobbies and interests do you have outside of MAS?

Craig Simpson: That's an interesting one, hobbies and interests. I would say anything outdoors is something I really enjoy. I do a lot of surfing and stand up paddle board surfing which I'm passionate about. I really enjoy the water, fishing, hunting. I play a bit of golf. The only problem is, it takes a long time around the golf now, and but I do play a reasonably good round of golf when I get out there. And then just enjoying this wonderful country of ours. There's some unbelievable coastlines that I've experienced so far. And enjoying these with my family, is a great opportunity and something I really enjoy doing.

Introducing...

Craig Simpson: I'd like to introduce Chris Coughey and Matt Taylor to you today. Chris has been with us for just over a year and a half and comes out of the broker world where she looked after SME and commercial business throughout the Waikato area. Chris brings a lot of skill in that area. She's also worked on some of the systems that we are gonna be using when we move towards the broker model. Chris is also very passionate about outreach projects and is involved in a number of those herself and, as a result, has a massive network that she is using to influence Members for MAS or new Members to MAS as well as promoting our Foundation, which she is very passionate about. Matt is a very new member to the team. He starts out of the Auckland office and previously he has been with Gallagher which is a large corporate broker and has been involved in a number of scheme setups with Gallagher and instrumental at setting up one of their cyber risk schemes. And we will be using that to launch some of our cyber products to our existing Members. Specifically, those Members that are currently with a third party broker.



Produced with Vocal Video