This week we saw big changes at the Government’s 80-year natural hazard insurance provider. On July 1 they became the Natural Hazards Commission I Toka Tū Ake, which recognises the organisation’s role in supporting New Zealanders to prepare for and recover from a range of natural hazards, not just earthquakes.
The new name is one of a raft of changes introduced by the new Natural Hazards Insurance Act that came into force on 1 July 2024. The following links provide more detail on these changes:
The Natural Hazards Commission I Toka Tū Ake are a significant NZPI conference sponsor and supporter. They work in partnership with NZPI to prepare planners to understand the value of incorporating resilience planning principles and options for avoiding the worst hazard risks in urban and land-use plans. The purpose of this work is to ensure that natural hazard exposure is reduced over time.