Waikato Local Authority Shared Services (Waikato LASS) - Period of Insurance: 1st November 2021 to 1st November 2021 - Matamata-Piako District ...

 
Waikato Local Authority Shared Services (Waikato LASS) - Period of Insurance: 1st November 2021 to 1st November 2021 - Matamata-Piako District ...
Waikato Local Authority Shared Services
(Waikato LASS)

Period of Insurance: 1st November 2021 to 1st November 2021
Version No. 001 – 19/01/2021
Waikato Local Authority Shared Services (Waikato LASS) - Period of Insurance: 1st November 2021 to 1st November 2021 - Matamata-Piako District ...
Contents
CORE SERVICE TEAM .................................................................................................................... 1

INTRODUCTION ............................................................................................................................... 2

IMPORTANT NOTICES .................................................................................................................... 3

INSURED DETAILS .......................................................................................................................... 5

INSURANCE PROGRAMME............................................................................................................. 6
                Material Damage and Business Interruption Programme – Primary Layer ... 6
                Material Damage and Business Interruption Programme – Excess Layer .. 11
                Commercial Motor Vehicle .......................................................................... 14
                Corporate Travel ......................................................................................... 17
                General Liability – Primary Layer ................................................................ 22
                Statutory Liability......................................................................................... 25
                Employers Liability ...................................................................................... 27
                Professional Indemnity ................................................................................ 29
                Crime .......................................................................................................... 32
                Cyber Risk .................................................................................................. 36
                Marine Hull .................................................................................................. 40
                Personal Accident ....................................................................................... 42
                Fine Arts...................................................................................................... 44
                Infrastructure Insurance (40% Placement) .................................................. 46
                Infrastructure Insurance (60% Placement) .................................................. 48
                Machinery Breakdown ................................................................................ 50
                Boiler Explosion .......................................................................................... 51
                Standing Timber.......................................................................................... 52
                Aviation Hull (UAV/Drones) – Hauraki District Council ................................ 54
                Aviation Hull (UAV/Drones) – Matamata Piako District Council .................. 56
                Aviation Hull (UAV/Drones) – Waikato District Council ............................... 58
                Aviation Hull (UAV/Drones) – Waikato Regional Council ............................ 60
                Aviation Hull (UAV/Drones) – Waitomo District Council .............................. 62
                Aviation Owners & Operators Liability ......................................................... 64
                Aviation Non-Owners Liability ..................................................................... 66

CLAIMS PROCEDURES ................................................................................................................. 69

CLASSES OF INSURANCE AVAILABLE ........................................................................................ 71

INSURER RATINGS ....................................................................................................................... 74

 This report contains information which is confidential to Waikato LASS and Aon New Zealand (Aon). Accordingly, we trust you will understand this report
 is given to Waikato LASS and its officers and employees in confidence and may not be reproduced in any form or communicated to any other person, firm
 or company without the prior approval of Aon.
 Business Excellence | 2020 Insurance Manual - Waikato LASS (WIP)
Waikato Local Authority Shared Services (Waikato LASS) - Period of Insurance: 1st November 2021 to 1st November 2021 - Matamata-Piako District ...
Core Service Team
 Client Relationship Manager                                  Matthew Wilson

                                                              DDI:   07 837 7112

                                                              M:     027 473 2377

                                                              E:     matthew.wilson@aon.com

 Account Manager                                              Andrew Carlson

                                                              DDI:   07 837 7131

                                                              M:     027 270 2524

                                                              E:     andrew.carlson@aon.com

 Account Broker                                               Abbie Barrett

                                                              DDI:   07 837 7136

                                                              M:

                                                              E:     abbie.barrett@aon.com

 Claims Management                                            Abbie Barrett

                                                              DDI:   07 837 7136

                                                              M:

                                                              E:     abbie.barrett@aon.com

 Office Details                                               Hamilton Corporate
                                                              Aon House
                                                              85 Tristram Street
                                                              P O Box 1281
                                                              Hamilton 3204
                                                              T: 07 837 7100 | F: 07 838 3466

Business Excellence | 2020 Insurance Manual - Waikato LASS (WIP)                    1
Introduction
This Insurance Manual provides a summary of your insurance programme for the Period of Insurance 1st November
2020 to 1st November 2021 and includes other general insurance related information and procedures to be followed
in the event of a claim or incident/circumstance that could give rise to a claim.

The brief individual policy summaries contained in this manual are incomplete in detail and are not intended to be a
substitute for the actual policy wording contracts. Policy wordings and endorsements should be carefully read to ensure
your understanding of your cover (including applicable limits, sub-limits and deductibles and your obligations).

Please contact your Aon Account Manager, if you have any queries regarding information contained in this Insurance
Manual.

Andrew Carlson
Account Manager

Business Excellence | 2020 Insurance Manual - Waikato LASS (WIP)   2
Important Notices
As your insurance advisor, we want to draw your attention to certain important matters that relate to your insurance.
For the purposes of this document, the following words (and any variation of them) that appear in bold shall mean the
following:                                                                                            (Edition: August 2018)

(i)        Aon/we/us/our – Aon New Zealand; and
(ii)       you – an Aon client who instructs us or for whom we may provide services.

1. Advice Given for Your Benefit                                                       5. Claim Notification
Any advice, report or information that we provide is given solely for                  You are responsible for notifying claims or potential circumstances that
your benefit and cannot be given to or relied upon by any third party                  may give rise to a claim, in accordance with the terms of your policy. In
without our prior written consent.                                                     presenting a claim it is your responsibility to disclose all facts which are
                                                                                       material to the claim. You should familiarise yourself with the specific
                                                                                       coverage conditions and procedures relating to claims and their notification
2. Aon Terms of Business                                                               under the policy. Failure to adhere to those requirements and report a claim
Except as otherwise agreed (in writing), you agree that Aon's Terms of                 or circumstance in a timely manner, may jeopardise coverage or entitle
Business apply to the provision of our services. These terms are                       insurers to disclaim liability.
available here https://www.aon.co.nz/About-Aon/Terms-of-Business and
apply to all new business and renewals. You accept these terms by
continuing to instruct us.                                                             6. Claims Made
                                                                                       Directors’ and Officers’ Liability, Crime, Professional Indemnity, and
Key provisions include:                                                                Trustees’ Liability policies, and some other liability policies are typically
▪ Our obligation to perform our services competently, with reasonable                  written on a “Claims Made” basis.
  care, skill and integrity.                                                           This means that the policy responds to claims first made against you
▪ Your obligation to supply us with all material information and facts in              and notified to the insurer in writing during the period of insurance,
  relation to the provision of our services, (relevant information includes            provided that the originating act or omission occurred after any
  all information and facts that may be material to an insurer’s assess-               retroactive date (see Retroactive Date below). Where you give notice in
  ment of a risk for which you have asked us to arrange insurance cover).              writing to the insurer of any facts that might give rise to a claim against
                                                                                       you as soon as reasonably practicable after you become aware of
▪ Our remuneration. Aon may receive consideration from insurers,
                                                                                       those facts, but before the expiry of the period of insurance, the policy
  banks and/or finance companies with whom we place insurance
  and associated services, on your behalf.                                             will, subject to its terms and conditions, provide cover even if that claim
                                                                                       is made after the expiry of the period of insurance.
▪ Service and administration fees: minimum fees may apply;
                                                                                       In order to ensure any entitlement to indemnity under the policy is
▪ Limitation of liability: Among other things, to the extent permitted                 protected, you must report all incidents or circumstances that may give
  by law:                                                                              rise to a claim against you to the insurer without delay prior to expiration
          our aggregate liability in respect of any claims howsoever arising in       of the policy period.
           connection with the terms or our services is limited to NZ$1
           million or such other amount as may be expressly agreed between             Retroactive Date
           us in writing; and                                                          Directors’ and Officers’ Liability, Crime, Professional Indemnity, and
                                                                                       Trustees’ Liability policies, and some other liability policies are written on
          we are not liable for any consequential, incidental, indirect or            a “Claims Made” basis may have a retroactive date.
           special damage or loss of any kind.
                                                                                       This means that coverage is limited to acts and omissions that occur or
                                                                                       are alleged to have been committed on or after the retroactive date. For
3. Business Description                                                                example, if you have a retroactive date of 1 July 2017, the policy will
It is important that the business description declared in your proposal                not cover a claim arising from acts or omission occurring prior to that date.
for insurance is full and accurate. You need to check that this description            If this applies, please ensure that the retroactive date you select is
is reflected accurately in the policy. Insurers will only indemnify you for            sufficient and that you have no uncovered periods.
claims that arise from your business as described in the policy (subject to
the other terms of the policy).
                                                                                       7. Contractual Liabilities
                                                                                       Insurers may only provide indemnity for liabilities that arise from your
4. Change of Circumstances must be notified                                            common law obligations arising from the conduct of your business.
It is also important that you advise your insurer of any material changes              Where you have entered into a contract with another party that extends
to your business or circumstances (including location change, change                   your liability beyond what you would have been liable for had the
in size or value, increase in number of premises/ sites owned or occupied,             contract not been in place, you may not be indemnified for these
any mergers or acquisitions, or the nature of business activities) that                assumed liabilities under your policy. Further, you may not be
may occur during the period of insurance. We can assist you in                         indemnified for any express guarantees or warranties which extend beyond
notifying the insurer of any material changes or circumstances.                        common law obligations, unless liability would have attached in the
                                                                                       absence of any express guarantee or warranty.

Business Excellence | 2020 Insurance Manual - Waikato LASS (WIP)                   3
8. Duty of Disclosure                                                             12. Occurrence Basis
Before you enter into a contract of general insurance, you have a duty            Combined General Liability, Material Damage/Business Interruption,
to disclose to the insurer every matter that you know, or could                   Travel, Aviation, Contract Works, and Marine policies and some other
reasonably be expected to know, may affect the insurer’s decision to              policies are written on an “occurrence” basis. This means that the policy
insure you and on what terms. You have that duty after the proposal, and          responds to claims when the incident occurred or when the injury, loss or
up until the time the insurer agrees to insure you. You have that duty            damage manifested itself, not when the claim itself was received.
before you renew, extend, vary or reinstate a contract of general
insurance.
                                                                                  13. Policy Warranties and Conditions
You do not need to tell the insurer anything that:                                Your policy may contain warranties and/or conditions that may impose
▪ reduces the risk;                                                               specific obligations which must be complied with. Failure to do so may
                                                                                  invalidate your policy or enable insurers to disclaim liability.
▪ is common knowledge;
▪ your insurer knows or should know as an insurer; or                             14. Recovery Rights/Hold Harmless/Waiver of Subrogation
▪ the insurer waives compliance with relating to your duty of                     Many policies exclude or limit the insurer's liability if you enter into an
  disclosure.                                                                     agreement that excludes or limits your rights of recovery against third
If you are uncertain about whether or not a particular matter should be           parties whose acts, errors, omissions or other conduct have caused or
disclosed to the insurer, please contact your Aon Client Relationship             contributed to your loss or liability.
Manager.
                                                                                  15. Schedule of Values or Property Insured
Non-disclosure                                                                    In New Zealand, the Schedule of Values (also known as the Schedule of
If you do not tell your insurer anything you are required to, the insurer         Property Insured) typically attaches to the policy so as to:
may cancel your contract or reduce the amount that it is required to
                                                                                  ▪ Limit insured property to only those assets listed on that Schedule of
pay you if you make a claim, or both. If your failure to disclose is
                                                                                    Values;
fraudulent, the insurer may refuse to pay a claim and treat the contract as
if it never existed.                                                              ▪ Limit the maximum amount payable by the insurer for each asset to
                                                                                    its declared value on the Schedule of Values with or without a margin;
Disclosure by Subsidiary, Related & Associated Entities                             and
Where cover is arranged for subsidiary, related or associated entities,           ▪ Record the time limits applying to the Business Interruption section of
those entities have the same duty of disclosure as the named insured.               the policy.
Please ensure that each such entity is made aware of its disclosure               To avoid assets being uninsured or underinsured, it is therefore imperative
obligations and makes the necessary disclosures in the proposals for              that you carefully and thoroughly include and describe all insured
insurance.                                                                        assets on that Schedule of Values and have updated valuations from a
                                                                                  registered insurance valuer for each insured asset prior to inception
9. Insured Description                                                            and renewal.
It is important that the description of all entities and persons sought to        It also important to ensure that the business interruption indemnity
be insured in your proposal for insurance is full and accurate. You               period is adequate for your business. When selecting the indemnity
need to check that this description is reflected accurately in the policy         period, it is important to know that the indemnity period is not just the time
and policy schedule.                                                              it takes for your building to be restored or contents replaced. It is the
                                                                                  entire period that your business is affected by the disruption.

10. Interest of Other Parties
                                                                                  16. Understanding Your Policy Terms and Conditions
Your policy/policies may exclude cover for an interest in the insured
property held by someone other than the named insured, unless that                Please carefully review all documents we give you (including policies and
interest is specifically noted on the policy. For example, if property is         endorsements) containing the terms of your cover (including
jointly owned, leased or subject to finance, the interest of the joint            applicable limits, sub-limits and deductibles and your obligations) to
owner, lessor or financier may be excluded if it is not specifically noted        ensure that the cover suits your needs and so you understand and
on the policy. Generally, the safest course is always to have all                 comply with your obligations under your policies. Failure to do this may
interests in all property insured noted on each policy. If anyone other           result in uninsured losses. Please advise your Aon Client Relationship
than you has an interest in property you are insuring, please let us know.        Manager immediately if you notice any mistakes of fact or believe the
                                                                                  contents do not address your needs.

11. Leasing, Hiring and Borrowing Property
                                                                                  17. Utmost Good Faith
When you lease, hire or borrow property, plant or equipment, make
sure that the contract clearly identifies who is responsible to insure the        Every contract of insurance is based on the principle of utmost good
property under contract. Please contact your Aon Client Relationship              faith, requiring each party to act towards the other party in respect of
Manager should you have an obligation to insure such property.                    any matter arising under or in relation to the contract, with the utmost
                                                                                  good faith. If you fail to do so, you may prejudice your rights under the
                                                                                  policy and in particular, any claim.

Business Excellence | 2020 Insurance Manual - Waikato LASS (WIP)              4
Insured Details
 Insured                                                      The policy cover summaries contained in this manual insure the following
                                                              organisations unless otherwise stated in a summary of cover.

                                                              Waikato Local Authority Shared Services, incorporating the following
                                                              Councils/Organisations

                                                                      Hamilton City Council
                                                                      Hauraki District Council
                                                                      Matamata Piako District Council
                                                                      Otorohanga District Council
                                                                      South Waikato District Council
                                                                      Thames Coromandel District Council
                                                                      Waikato District Council
                                                                      Waikato Regional Council
                                                                      Waipa District Council
                                                                      Waitomo District Council

 Business Description                                         You have provided Aon and your insurer/s with the following description of your
                                                              business. All activities should be included. Please advise Aon if it is not accurate
                                                              or if there are any changes during the period of insurance.

                                                              Note, some policies include a specific ‘Insured Business Description/Insured
                                                              Services’ or similar wording section. Insurers will only indemnify you for claims
                                                              that arise from your business as described in the policy (subject to other terms
                                                              of the policy).

                                                              Any activity now or hereafter carried on by the Insured, including but not limited
                                                              to:
                                                                  •    Territorial Local Authority
                                                                  •    Council Controlled organisations and associated organisations

Business Excellence | 2020 Insurance Manual - Waikato LASS (WIP)                     5
Insurance Programme
          Material Damage and Business Interruption Programme –
                             Primary Layer
This summary of cover has been prepared for general reference only. Nothing contained herein prevails over the terms,
conditions and exclusions of the policy wording.

 The Policy Covers                             Subject to the limits, sub-limits, terms, exclusions, and conditions of the Policy, Policy
                                               Schedule and Schedule of Declared Values:

                                               Section 1 – Material Damage
                                               Covers damage unforeseen and unintended by the insured to insured property at the
                                               location/s shown in the schedule of declared values.

                                               Section 2 – Business Interruption
                                               Covers loss resulting from interruption or interference with the business carried on by the
                                               insured at the premises in consequence of insured damage.

 Period of Insurance                           From 4.00 p.m. 1 November 2020 to 4.00 p.m. 1 November 2021 local time

 The Insured                                   Waikato Lass, including each of the following Councils

                                                             Hamilton City Council
                                                             Hauraki District Council
                                                             Matamata Piako District Council
                                                             Otorohanga District Council
                                                             South Waikato District Council
                                                             Thames Coromandel District Council
                                                             Waikato District Council
                                                             Waikato Regional Council
                                                             Waipa District Council
                                                             Waitomo District Council
                                               and/or associated and/or subsidiary companies and/or Council Controlled Organisations
                                               for their respective rights and interests and/or as may be agreed.

 Business                                      Any activity now or hereafter carried on by the Insured, including but not limited to:
                                                   •    Territorial Local Authority
                                                   •    Council Controlled organisations and associated organisations

 SECTION 1: Material Damage
 Limit of Liability                            Combined Limit of Liability in respect of Section 1 Material Damage            $150,000,000
                                               and Section 2 Business Interruption in the annual aggregate during
                                               the period of insurance

                                               The Limit of Liability in respect of Section 1 Material Damage for any
                                               one loss and all losses in the aggregate during the period of
                                               insurance, resulting from fire including fire occasioned by or through
                                               or in consequence of any perils (including natural disaster) is                $125,000,000

 Sums Insured                                  Hamilton City Council                                                        $1,198,282,598

                                               Hauraki District Council                                                       $120,021,880

                                               Matamata Piako District Council                                                $176,966,460

                                               Otorohanga District Council                                                      $48,457,642

                                               South Waikato District Council                                                 $119,866,575

                                               Thames Coromandel District Council                                             $283,550,001

Business Excellence | 2020 Insurance Manual - Waikato LASS (WIP)                  6
SECTION 1: Material Damage
                                               Waikato District Council                                                        $262,520,612

                                               Waikato Regional Council                                                        $110,394,470

                                               Waipa District Council                                                          $332,678,187

                                               Waitomo District Council                                                        $105,418,984

                                               Total Declared Values for Section 1 Material Damage                            $2,762,025,410

                                               Values at risk at each location are as per the Schedule of Declared
                                               Values dated November 2020

 Sub-Limits                                    3.2(d) Works of Art, Curios and Antiques (Any One Loss)                             $150,000
 Sub-limits apply in excess of
 policy deductibles                            5.2         Alternative Residential Accommodation                                    $50,000

                                               5.3         Capital Additions                                                     $1,000,000

                                               5.5         Contractual Value                                                        $50,000

                                               5.6         Electrical Damage                                                        $10,000

                                               5.9         Gradual Damage                                                           $50,000

                                               5.11         Illegal Drug Contamination       any one event                          $20,000
                                                                                             during the period of insurance        $100,000

                                               5.12        Keys and Locks                                                           $25,000

                                               5.13        Landslip                                                              $2,000,000

                                               5.14        Money                             Section A                             $100,000
                                                                                             Section B                              $10,000

                                               5.17        Property in the Course of Construction (Max any one contract)         $2,000,000

                                               5.26        Restoration and Reproduction Costs – Proof Materials                    $100,000

                                               5.28        Spoilage                                                                 $25,000

                                               5.29        Subsidence                                                            $2,000,000

                                               5.30        Sustainable Rebuilding Costs                                            $100,000

                                               5.32        Transit of Property                                                     $500,000

                                               5.34        Unspecified Locations                                                   $250,000

                                               Local Authority Endorsements

                                               Maori Artefacts – Cultural Costs                                                     $10,000

                                               Portable Business Equipment (Anywhere in New Zealand)                                $20,000

                                               Property in or on the water                   any one event                          $25,000
                                                                                             during the period of insurance        $100,000

 Additional Sub Limits                         Fire, including fire occasioned by or through or in consequence of any
                                               perils (including natural disaster) insured under Section 1 of the policy
                                               – any one loss and all losses in the aggregate during the period of
                                               insurance. The following Fire Loss Limits specify the limit any one
                                               loss and all losses in the aggregate during the period of insurance in
                                               respect of the applicable Insured.

                                               Hamilton City Council                                                           $120,000,000

                                               Hauraki District Council                                                         $30,000,000

Business Excellence | 2020 Insurance Manual - Waikato LASS (WIP)                   7
SECTION 1: Material Damage
                                               Matamata Piako District Council                                     $15,000,000

                                               Otorohanga District Council                                          $7,500,000

                                               South Waikato District Council                                      $30,000,000

                                               Thames Coromandel District Council                                  $30,000,000

                                               Waikato District Council                                            $25,000,000

                                               Waikato Regional Council                                            $45,000,000

                                               Waipa District Council                                              $30,000,000

                                               Waitomo District Council                                            $15,000,000

 Optional Extensions                           6.1         Declaration Stock Conditions                            Not Included

                                               6.2         Machinery Breakdown                                     Not Included

                                               6.3         Pressure Vessel                                             $25,000

 SECTION 2: Business Interruption
 Limit of Liability                                                                                                $107,178,338

 Sums Insured                                  Item No. 1              Gross Profit                                  Not Insured

                                               Item No. 2              Gross Revenue – as itemised below            $45,669,697

                                                                   -   Hamilton City Council                        $37,636,946
                                                                   -   Hauraki District Council                      $1,500,000
                                                                   -   Matamata Piako District Council                      $0
                                                                   -   Otorohanga District Council                    $142,225
                                                                   -   South Waikato District Council                       $0
                                                                   -   Thames Coromandel District Council            $1,200,000
                                                                   -   Waikato District Council                      $1,655,517
                                                                   -   Waikato Regional Council                             $0
                                                                   -   Waipa District Council                        $2,196,000
                                                                   -   Waitomo District Council                      $1,339,000

                                               Item No. 3 – Gross Rentals (Rents Receivable) – as
                                                             itemised below                                           $6,908,641

                                                                   -   Hamilton City Council                                 $0
                                                                   -   Hauraki District Council                        $100,000
                                                                   -   Matamata Piako District Council                       $0
                                                                   -   Otorohanga District Council                           $0
                                                                   -   South Waikato District Council                $1,421,734
                                                                   -   Thames Coromandel District Council              $100,000
                                                                   -   Waikato District Council                      $1,536,288
                                                                   -   Waikato Regional Council                        $200,000
                                                                   -   Waipa District Council                        $3,329,619
                                                                   -   Waitomo District Council                        $321,000

                                               Item No. 4              Payroll Wages                                 Not Insured

                                               Item No. 5              Payroll (Dual Wages)                          Not Insured

                                               Item No. 6              Additional Costs (Shared)                    $10,000,000
                                                                       Additional Costs Hamilton City Council       $40,000,000
                                                                       Additional Costs Waikato Regional Council     $2,100,000

Business Excellence | 2020 Insurance Manual - Waikato LASS (WIP)                       8
SECTION 2: Business Interruption
                                               Item No. 7           Redeployment Expenses                                       Not Insured

                                               Item No. 8           Research Establishment Expenditure                          Not Insured

                                               Item No. 9           Severance and Redundancy Payments                           Not Insured

                                               Item No. 10          Claims Preparation Costs (Shared)                           $2,500,000

                                               Item No. 11          Outstanding Debtor Balances                                 Not Insured

                                               Total Sum Insured for Section 2 Business Interruption                         $107,278,337

                                               Values at risk at each location are as per the Schedule of Declared Values dated
                                               November 2020

 Premises                                      All premises owned or occupied by the insured, including locations and all other places
                                               where the insured property is used or to be used for the purpose of the business, anywhere in
                                               New Zealand.

 Indemnity Period                              As per the schedule of declared values dated November 2020

 Sub Limits of Liability                       9.2         Acts of Civil Authorities – 10% of the total
                                                           Business Interruption sum insured subject to a maximum               $1,000,000

                                               9.4         Contractual Commitments                                                $100,000

                                               9.7         Dependency – 10% of the total
                                                           Business Interruption sum insured subject to a maximum               $1,000,000

                                               9.9         Fumes, Gases and Toxic Chemicals – 10% of the total
                                                           Business Interruption sum insured subject to a maximum               $1,000,000

 DEDUCTIBLES: Non-Natural Disaster (inclusive of GST)
 Material Damage                               The Non-Natural Disaster Deductible applies to each and every combined Material
                                               Damage and Business Interruption loss or series of losses arising from one event.

                                               Each and every loss or series of losses arising from one event

                                               All Councils, other than noted below                                              $10,000

                                               Otorohanga District Council                                                         $5,000

                                               Except for:
                                               Landslip or Subsidence all Councils                                               $25,000

                                               Flood Claims - Thames Coromandel District Council only                           $100,000

 Business Interruption                         9.2            Acts of Civil Authorities                                          24 hours

                                               9.7            Dependency                                                         24 hours

                                               9.9            Fumes, Gases and Toxic Chemicals                                   24 hours

                                               Except for:
                                               9.7.2(c) Dependency – Transport Routes                                              7 days

                                               9.7.3          Dependency – Utilities                                             24 hours

Business Excellence | 2020 Insurance Manual - Waikato LASS (WIP)                     9
DEDUCTIBLES: Natural Disaster (inclusive of GST)
 The natural disaster deductible will be calculated as shown below and applies to the combined Material Damage
 and Business Interruption loss for any one event at each location where there is damage.

                                               2.5% of the Material Damage location sum insured but not less       $10,000
                                               than

                                               or, for Pre-1935 Risks:
                                               10% of the Material Damage location sum insured but not less than   $10,000

 Other Business                                9.2         Acts of Civil Authorities                               21 days
 Interruption Deductibles
                                               9.7         Dependency                                              21 days

                                               9.9         Fumes, Gases and Toxic Chemicals                        21 days

 Endorsements
 Insurer Endorsements                          Berkshire Hathaway Vertex MDBI Policy -BHSI Endorsements 0619

                                               Communicable Disease Exclusion LMA5393

                                               Property Cyber and Data Endorsement LMA5400

 Additional Endorsements                       Fire Endorsement

                                               Aon Local Authority Endorsements

 Warranties /                                  Fire Service Levy
 Special Conditions

 General Policy Information
 Policy Wording                                1217 Vertex New Zealand Material Damage and Business Interruption

 Insurer                                       AIG Insurance New Zealand Ltd (Lead Insurer)

 Policy Number                                 SR 007346

Business Excellence | 2020 Insurance Manual - Waikato LASS (WIP)                       10
Material Damage and Business Interruption Programme –
                              Excess Layer
This summary of cover has been prepared for general reference only. Nothing contained herein prevails over the terms,
conditions and exclusions of the policy wording.

 The Policy Covers                             Subject to the limits, sub-limits, terms, exclusions, and conditions of the Policy, Policy
                                               Schedule and Schedule of Declared Values:

                                               Section 1 – Material Damage
                                               Covers damage unforeseen and unintended by the insured to insured property at the
                                               location/s shown in the schedule of declared values.

                                               Section 2 – Business Interruption
                                               Covers loss resulting from interruption or interference with the business carried on by the
                                               insured at the premises in consequence of insured damage.

 Period of Insurance                           From 4.00 p.m. 1 November 2020 to 4.00 p.m. 1 November 2021 local time

 The Insured                                   Waikato Lass, including each of the following Councils

                                                             Hamilton City Council
                                                             Waikato Regional Council
                                               and/or associated and/or subsidiary companies and/or Council Controlled Organisations
                                               for their respective rights and interests and/or as may be agreed.

 Business                                      Any activity now or hereafter carried on by the Insured, including but not limited to:
                                                   •    Territorial Local Authority
                                                   •    Council Controlled organisations and associated organisations

 SECTION 1: Material Damage
 Limit of Liability                            Combined Limit of Liability in respect of Section 1 Material Damage              $150,000,000
                                               and Section 2 Business Interruption in the annual aggregate during
                                               the period of insurance, in excess of the Primary Policy
                                               $150,000,000, which is in turn in excess of the deductibles applying
                                               to the Primary Policy.

 Sums Insured                                  Hamilton City Council                                                          $1,198,282,598

                                               Waikato Regional Council                                                         $110,394,470

                                               Total Declared Values for Section 1 Material Damage                            $1,308,677,068

                                               Values at risk at each location are as per the Schedule of Declared
                                               Values dated November 2020

 Sub-Limits                                    3.2(d) Works of Art, Curios and Antiques (Any One Loss)                         Not Applicable
 Sub-limits apply in excess of
 policy deductibles                            5.2         Alternative Residential Accommodation                               Not Applicable

                                               5.3         Capital Additions                                                   Not Applicable

                                               5.5         Contractual Value                                                   Not Applicable

                                               5.6         Electrical Damage                                                   Not Applicable

                                               5.9         Gradual Damage                                                      Not Applicable

                                               5.11         Illegal Drug Contamination     any one event                       Not Applicable
                                                                                           during the period of insurance

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SECTION 1: Material Damage
                                               5.12        Keys and Locks                                                          Not Applicable

                                               5.13        Landslip                                                                Not Applicable

                                               5.14        Money                                  Section A                        Not Applicable
                                                                                                  Section B

                                               5.17        Property in the Course of Construction                                  Not Applicable

                                               5.26        Restoration and Reproduction Costs – Proof Materials                    Not Applicable

                                               5.28        Spoilage                                                                Not Applicable

                                               5.29        Subsidence                                                              Not Applicable

                                               5.30        Sustainable Rebuilding Costs                                            Not Applicable

                                               5.32        Transit of Property                                                     Not Applicable

                                               5.34        Unspecified Locations                                                   Not Applicable

                                               Local Authority Endorsements

                                               Maori Artefacts – Cultural Costs                                                    Not Applicable

                                               Portable Business Equipment (Anywhere in New Zealand)                               Not Applicable

                                               Property in or on the water                        any one event                    Not Applicable
                                                                                                  during the period of insurance   Not Applicable

 Optional Extensions                           6.1         Declaration Stock Conditions                                            Not Applicable

                                               6.2         Machinery Breakdown                                                     Not Applicable

                                               6.3         Pressure Vessel                                                         Not Applicable

 SECTION 2: Business Interruption
 Limit of Liability                                                                                                                 $81,548,057

 Sums Insured                                  Item No. 1              Gross Profit                                                  Not Insured

                                               Item No. 2              Gross Revenue – as itemised below                            $37,636,946

                                                                   -   Hamilton City Council                                        $37,636,946
                                                                   -   Waikato Regional Council                                             $0

                                               Item No. 3 – Gross Rentals (Rents Receivable)

                                                                   -   Hamilton City Council                                                 $0
                                                                   -   Waikato Regional Council                                        $200,000

                                               Item No. 4              Payroll Wages                                                 Not Insured

                                               Item No. 5              Payroll (Dual Wages)                                          Not Insured

                                               Item No. 6              Additional Costs Shared                                       $1,111,111
                                                                       Additional Costs Hamilton City Council                       $40,000,000
                                                                       Additional Costs Waikato Regional Council                     $2,100,000

                                               Item No. 7              Redeployment Expenses                                         Not Insured

                                               Item No. 8              Research Establishment Expenditure                            Not Insured

                                               Item No. 9              Severance and Redundancy Payments                             Not Insured

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SECTION 2: Business Interruption
                                               Item No. 10         Claims Preparation Costs (Shared)                              $500,000

                                               Item No. 11         Outstanding Debtor Balances                                  Not Insured

                                               Total Sum Insured for Section 2 Business Interruption                           $81,548,057

                                               Values at risk at each location are as per the Schedule of Declared Values dated
                                               November 2020

 Premises                                      All premises owned or occupied by the insured, including locations and all other places
                                               where the insured property is used or to be used for the purpose of the business, anywhere in
                                               New Zealand.

 Indemnity Period                              As per the schedule of declared values November 2020

 Sub Limits of Liability                       9.2         Acts of Civil Authorities – 10% of the total
                                                           Business Interruption sum insured subject to a maximum               $1,000,000

                                               9.4         Contractual Commitments                                                $100,000

                                               9.7         Dependency – 10% of the total
                                                           Business Interruption sum insured subject to a maximum               $1,000,000

                                               9.9         Fumes, Gases and Toxic Chemicals – 10% of the total
                                                           Business Interruption sum insured subject to a maximum               $1,000,000

 Endorsements
 Insurer Endorsements                          Berkshire Hathaway Vertex MDBI Policy -BHSI Endorsements 0619

                                               Communicable Disease Exclusion LMA5393

                                               Property Cyber and Data Endorsement LMA5400

 Additional Endorsements                       Fire Exclusion

                                               Aon Local Authority Endorsements

 General Policy Information
 Policy Wording                                1217 Vertex New Zealand Material Damage and Business Interruption

 Insurer                                       Vero Insurance New Zealand Limited

 Policy Number                                 ISR 4434110

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Commercial Motor Vehicle
This summary of cover has been prepared for general reference only. Nothing contained herein prevails over the terms,
conditions and exclusions of the policy.

 The Policy Covers                             Subject to the limits, sub-limits, terms, exclusions and, conditions of the Policy and Policy
                                               Schedule:

                                               Section 1 – Own Damage
                                               Covers the Insured against theft of, or Accidental Damage or Malicious Damage to each
                                               Insured Vehicle and their Accessories.

                                               Section 2 – Third Party Liability – Property Damage and Bodily Injury
                                               Covers the Insured against legal liability for compensation and damages and claimant’s
                                               costs and expenses caused by, through or in connection with the use of an Insured
                                               Vehicle.

 Period of Insurance                           From 4.00 p.m. 1 November 2020 to 4.00 p.m. 1 November 2021

 The Insured                                   Waikato Lass, including each of the following Councils

                                                             Hamilton City Council
                                                             Hauraki District Council
                                                             Matamata Piako District Council
                                                             Otorohanga District Council
                                                             South Waikato District Council
                                                             Thames Coromandel District Council
                                                             Waikato District Council
                                                             Waikato Regional Council
                                                             Waipa District Council
                                                             Waitomo District Council
                                               and/or associated and/or subsidiary companies and/or Council Controlled Organisations
                                               for their respective rights and interests and/or as may be agreed.

 Business                                      Any activity now or hereafter carried on by the Insured, including but not limited to:
                                                   •    Territorial Local Authority
                                                   •    Council Controlled organisations and associated organisations

 Description of Cover                          Own Damage and Third Party Liability
                                               Both Sections of the Policy will operate.

 Interests Insured /                           All motor vehicles presently existing or subsequently acquired, owned, hired (in and out),
 Insured Vehicles                              leased, rented, loaned, borrowed, or used by or on behalf of the Insured, or are in the lawful
                                               custody or control of the Insured, or in which the Insured has an insurable interest or for
                                               which the Insured has received instructions to insure.

                                               Insured Vehicles also includes motor cycles, trailers, caravans, mobile plant and equipment,
                                               tractors, self-propelled agricultural machines, substitute vehicles and accessories.

 Vehicle Details                               Number of Insured Vehicles                                                               1,241

                                               Total Fleet Value                                                               $34,076,898

 Territorial Limits                            Anywhere in New Zealand

 Limits of Liability                           Section 1 - Own Damage
                                               Market Value of the Insured Vehicle or any Agreed Value as specified in the Schedule
                                               of Motor Vehicles

                                               Cars, four wheel drives and utility vehicles less than 24 months old and weighing under
                                               3,500kg are covered for replacement, subject to local availability

                                               Section 2 – Third Party Liability
                                               Third Party Property Damage                                                     $20,000,000

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Third Party Bodily Injury                                                     $20,000,000

                                               Aggregate Limit                                                               $20,000,000

                                               Airside Liability                                                               $2,000,000

 Sub Limits of Liability                       In respect of the following Extensions payable under Section 1 and Section 2, the liability
                                               of the insurer shall be limited for any one claim to the amount stated hereunder.

                                               5.1         Additional Vehicles – Maximum any one vehicle                         $400,000

                                               5.2         Claims Preparation Costs                                               $20,000

                                               5.4         Crisis Cover                                                           $10,000

                                               7.3         Death by Accident                                                      $10,000

                                               7.4         Disability Modification                                                 $5,000

                                               7.6         Employee Personal Property                                              $2,000

                                               7.8         Expediting Costs                                                        $5,000

                                               7.9         Family Expenses on Hospitalisation                                      $5,000

                                               7.10        First Aid                                                               $2,500

                                               7.11        Funeral Expenses                                                        $5,000

                                               7.12        Goods in Transit                                                        $5,000

                                               7.13        Hire Costs following theft of vehicles   per day                          $250

                                               7.17        Locks and Keys                           per vehicle                    $5,000
                                                                                                    per event                     $15,000

                                               7.18        Medical and Related Expenses                                            $5,000

                                               7.20        Removal of Debris                                                      $10,000

                                               7.21        Rewards                                                                $10,000

                                               7.23        Signwriting                                                             $5,000

                                               7.25        Uninsured Third Party Protection                                        $5,000

                                               11.7        Psychological Counselling                                               $5,000

                                               11.9        Airside Liability                                                   $2,000,000

                                               11.10 Weight Damage                                                               $500,000

                                               11.11 Exemplary Damages                                                           $500,000

 Deductibles                                   Standard Excess – 1% of the vehicle sum insured, subject to a
                                               minimum excess of                                                                     $500

                                               Plus Age and Inexperienced Driver Excess applicable to all
                                               Insured Vehicles, when being driven by any person:

                                               Under 21 years of age                                                               $1,000

                                               Aged 21 to 25 years of age                                                            $500

                                               Over 25 years and licensed less than 2 years                                          $500

                                               Except for:
                                               14.8.1 Glass                                                                           $Nil

                                               14.8.2 Fire or Theft Claims                                                            $Nil

                                               14.8.3 Third party Liability                                                           $Nil

Business Excellence | 2020 Insurance Manual - Waikato LASS (WIP)                     15
Optional Endorsements                         15.1        Agreed Value                                          Not Included

                                               15.2        Aggregate Deductible Without Stop Loss                Not Included
                                                           Annual Aggregate Deductible

                                               15.3        Aggregate Deductible With Stop Loss                   Not Includes
                                                           Annual Aggregate Deductible                                    N/A
                                                           Event Stop Loss Limit                                          N/A

                                               15.4        Australian Cover                                      Not Included

                                               15.5        Territorial Limits beyond New Zealand and Australia   Not Included

                                               15.6        Loss of Use (Specified Vehicles)                      Not Included
                                                           Maximum Weekly Amount                                          N/A

                                               15.7        Dual/Multi Lifts                                      Not Included

                                               15.8        Hook Liability                                        Not Included

                                               15.9        Inexperienced Drivers                                 Not Included

                                               15.10 Repair Authority                                            Not Included

                                               15.11 Setting of Concrete or Bitumen                              Not Included

                                               15.12 Vehicles Let on Hire                                        Not Included

                                               15.13 Vehicle Plant Replacement Value                             Not Included

                                               15.14 Vehicles used as a Tool of Trade                            Not Included

                                               15.15 Burning Cost Adjustment                                     Not Included
                                                     Deposit Premium                                                      N/A
                                                     Maximum Premium                                                      N/A
                                                     Minimum Premium                                                      N/A
                                                     Adjustment Ratio                                                     N/A

                                               15.16 Profit Share                                                Not Included

                                               15.17 Hire Costs Extended                                         Not Included

                                               15.18 Scanners/Eftpos/Wireless Remote Controls/Wireless           Not Included
                                                     Printers

                                               15.19 Radioactive Isotopes                                        Not Included

 Policy Wording                                Aon Vertex Commercial Motor Vehicle Policy (ARSNZ0012 0516)

 Insurer                                       NZI, a business division of IAG NZ Ltd                                  100%

 Policy Number                                 6000118349

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Corporate Travel
This summary of cover has been prepared for general reference only. Nothing contained herein prevails over the terms,
conditions and exclusions of the policy.

 The Policy Covers                             Subject to the limits, terms, exclusions and conditions of the Policy and Policy Schedule
                                               Covers various travel related risks whilst an insured person is on:
                                               ▪ International business travel
                                               Including:
                                                ▪     Medical and Related Expenses                       ▪   Missed Transport Connection
                                                ▪     Cancellation & Loss of Deposits                    ▪   Rental Vehicle Excess
                                                ▪     Baggage & Personal Effects                         ▪   Kidnap, Ransom and Extortion
                                                ▪     Personal Accident & Sickness                       ▪   Personal Liability
                                                ▪     Alternative Employee / Resumption of               ▪   Search and Rescue.
                                                      Assignment                                         ▪   Political Risk and Natural
                                                                                                             Disaster Evacuation

 Policy Period                                 From 1 November 2020 at 4.00 p.m. to 1 November 2021 at 4.00 p.m.

 Insured                                       Waikato Lass, including each of the following Councils

                                                             Hamilton City Council
                                                             Thames Coromandel District Council
                                                             Waikato Regional Council
                                                             Waipa District Council

                                               and/or associated and/or subsidiary companies and/or Council Controlled Organisations
                                               for their respective rights and interests and/or as may be agreed.

 Insured Persons                               Category Description
                                               All directors, executives, employees and authorised personnel of the Policyholder, and
                                               including their spouse or partner and Dependent Children.

 Territory                                     Worldwide

 Policy Jurisdiction                           New Zealand

 Aggregate                                      Limit
 Limits of Liability                            A         $2,500,000 Any one Accident or Occurrence
                                                B         $1,000,000 Non-scheduled Air Travel
                                                C         $2,500,000 Kidnap, Ransom & Extortion
                                                D         $100,000      Political Unrest & Natural Disaster Evacuation
                                                E         $100,000      Search & Rescue Expenses
                                                F         $250,000      Specialist Security Services

 Endorsements                                  Main Policy Exclusions (All sections)
                                                    •    Cosmetic, Elective or Plastic Surgery
                                                    •    Sexually transmitted disease
                                                    •    Treatment or services covered by ACC
                                                    •    Professional or medical services rendered in any jurisdiction where the
                                                         Insurer is prohibited from paying those expenses in that jurisdiction
                                                    •    An insured person engaging in training/participating in professional sport of
                                                         any kind; or flying in an aircraft or aerial device other than in an aircraft licensed
                                                         to carry passengers.
                                                    •    Loss under any section as a direct or indirect result of a pre-existing
                                                         condition(s) of an Insured Person who is age 90 or over.
                                                    •    Amounts recoverable from any other source

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Warranties/Subjectivities                     Nil

 Policy Wording                                Berkshire Hathaway Speciality Insurance Corporate Travel Insurance Policy Wording
                                               BSHI-NZ-AH-CTI-001-10218

 Insurer                                       Berkshire Hathaway Specialty Insurance                                         100%

 Policy Number                                 47-ZAH-008315-03

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Schedule of Compensation
                                                                       Maximum Compensation Payable for Each Insured Person for each Period of Travel
 SECTION 1                     BHSI Care and Concierge
                               BHSI Care and Concierge can be contacted by an Insured Person anytime,                                     Included
                               anywhere in the world, without any additional charge to the Insured Person, by
                               calling -64 9 356 2320
 SECTION 2                     Overseas Medical and Evacuation
                                                                                                                                         Unlimited
 SECTION 3                     Cancellation and Disruption
                               Cancellation and Loss of Deposits                                                                        Unlimited
                               Missed Transport Connection                                                                                $10,000
                               Overbooked Flights                                                                                           $5,000
 SECTION 4                     Baggage and Personal Effects
                               Deprivation of Baggage                                                                                       $5,000
                               Baggage                                                                                                  $250,000
                               Limit any One Item                                                                                         $10,000
                               Money and Travel Documents                                                                                   $5,000
                               Mobile Electronic Equipment (Excess of $250)                                                               $10,000
                               Tools of Trade (Courier Costs)                                                                             $20,000
 SECTION 5                     Personal Accident and Sickness
                               Event 1 – Accidental Death                                                                               $250,000
                               Event 2 – Permanent Total Disablement                                                                    $250,000
                               Events 3 to 18 – Other Permanent Disablement                                                             $250,000
                               Event 19 – Temporary Total Disablement (Injury)
                                      85% of weekly Income to a maximum of:
                                      Payable for up to 156 weeks and subject to an Excess period of 7 days                                 $2,000
                               Event 37 – Temporary Total Disablement (Sickness)                                                      Not Insured
                               Personal Accident and Sickness
 SECTION 5                     (Sum Insured for the Spouse/Partners and Dependent Children)
                               Accompanying Spouse/Partner
                               Event 1 – Accidental Death                                                                               $250,000
                               Event 2 – Permanent Total Disablement                                                                    $250,000
                               Events 3 to 18 – Other Permanent Disablement                                                             $250,000
                               Event 19 – Temporary Total Disablement (Injury)
                                      85% of weekly Income to a maximum of:
                                      Payable for up to 156 weeks and subject to an Excess period of 7 days                                 $2,000
                               Event 37 – Temporary Total Disablement (Sickness)                                                      Not Insured
                               Events 1-18 Dependent Children under 18 years of age                                                       $20,000
                               Events 1-18 Dependent Children Under 10 years of age                                                         $2,000
 SECTION 5                     Personal Accident and Sickness Events 21 to 42
                               Events 21 to 29 – Fractured Bones                                                                            $5,000
                               Events 30 to 34 – Injury Resulting in Surgery                                                              $20,000
                               Events 35 to 36 – Injury Resulting in Loss or Damage to Teeth                                                  $250
                               Events 39 to 42 – Sickness Resulting in Surgery                                                            $20,000

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Maximum Compensation Payable for Each Insured Person for each Period of Travel
 SECTION 6                     Vehicle Excess Waiver
                               Rental or Personal Vehicles Excess                                                                            $5,000
                               Towing Expense                                                                                                $2,000
 SECTION 7                     Personal Liability
                               Personal Liability                                                                                      $5,000,000
                               Identity Theft                                                                                              $20,000
 SECTION 8                     Kidnap Ransom and Detention
                               Kidnap, Ransom and Extortion                                                                              $500,000
                               Hijack and Detention
                                            $1,000 per day up to a maximum of:                                                             $20,000
 SECTION 9                     Political and Natural Disaster Evacuation
                               Political and Natural Disaster Evacuation                                                                   $50,000
 SECTION 10                    Search and Rescue
                               Search and Rescue Expenses                                                                                  $20,000
 SECTION 11                    Alternative Employee / Resumption of Assignment
                               Alternative Employee / Resumption of Assignment                                                             $20,000
 SECTION 12                    BHSI Health
                               Accidental H.I.V Infection Benefit                                                                          $30,000
                               Bed Care Benefit
                                            $200 per day up to a maximum of:                                                               30 days
                               Coma Benefit
                                            $500 per week up to a maximum of:                                                            26 weeks
                               Loss of Daily Activities Benefit                                                                            $25,000
                               Loss of Life Benefit                                                                                        $50,000
                               Modification Benefit                                                                                        $10,000
                               Premature Birth/Miscarriage Benefit                                                                           $5,000
                               Rehabilitation Benefit                                                                                        $3,000
                               Repatriation & Funeral Expenses Benefit                                                                     $50,000
                               Terrorism Benefit                                                                                             $5,000
                               Trauma Benefit                                                                                                $1,000
 SECTION 12                    BHSI Wellbeing
                               Accommodation and Transport Expenses                                                                        $10,000
                               Chauffeur Benefit                                                                                             $1,500
                               Childcare Benefit                                                                                             $5,000
                               Corporate Image Protection                                                                                  $15,000
                               Dependent Image Protection
                                            $10,000 per Dependent Child up to a maximum of:                                                $30,000
                               Domestic Help Benefit for Accompanying Spouse or Partner
                                            $500 per week up to a maximum of:                                                            26 weeks
                               Education Fund Benefit                                                                                        $5,000
                               Executor Emergency Cash Advance Benefit                                                                       $5,000
                               Home Burglary Excess Benefit                                                                                    $500
                               Independent Financial Advice Benefit                                                                          $5,000

Business Excellence | 2020 Insurance Manual - Waikato LASS (WIP)           20
Maximum Compensation Payable for Each Insured Person for each Period of Travel
                               Lock and Key Benefit                                                                                         $1,500
                               Orphan Benefit
                                            $10,000 per Dependent Child up to a maximum of:                                               $30,000
                               Out of Pocket Expenses Benefit                                                                               $5,000
                               Personal Financial Loss                                                                                    $15,000
                               Pet Boarding Expenses
                                            $250 per day to a maximum of:                                                                   $2,500
                               Repatriation of Belongings                                                                                   $1,000
                               Replacement Staff/Recruitment Costs                                                                          $5,000
                               Specialist Security Services                                                                               $50,000
                               Spouse or Partner Accidental Death Benefit                                                                 $25,000
                               Spouse or Partner Employment Training Benefit                                                              $10,000
                               Student Tutorial Benefit
                                            $500 per week up to a maximum of:                                                           26 weeks
                               Superannuation Scheme Contribution Benefit                                                                 $50,000
                               Unexpired Membership Benefit                                                                                 $3,000

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General Liability – Primary Layer
This summary of cover has been prepared for general reference only. Nothing contained herein prevails over the terms,
conditions and exclusions of the policy.

 The Policy Covers                             Provides cover in respect of negligent actions of the insured which gives rise to claims by
                                               third parties who suffer property damage or personal injury; cover includes associated
                                               defence costs.

 Period of Insurance                           From 4.00 p.m. 1 November 2020 to 4.00 p.m. 1 November 2021

 The Insured                                   Each of the following Councils

                                                             Hamilton City Council
                                                             Thames Coromandel District Council
                                                             South Waikato District Council
                                                             Waikato District Council

                                               and/or associated and/or subsidiary companies and/or Council Controlled Organisations
                                               for their respective rights and interests and/or as may be agreed.

 Business Description                          Any activity now or hereafter carried on by the Insured, including but not limited to:
                                                   •    Territorial Local Authority
                                                   •    Ownership and occupier of premises

 Limit of Liability                            General Liability            Any one occurrence                                 $15,000,000

                                               Products Liability           Any one occurrence and in the aggregate            $15,000,000

 Territory                                     New Zealand

 Jurisdiction                                  New Zealand

 Sub Limits of Liability                       Employees Property Extension                                                     $1,000,000

                                               Hall Hirers Liability Extension                                                 $15,000,000

                                               Indemnity to Ratepayers Extension                                                $1,000,000

                                               Mechanical Plant Liability                                                      $15,000,000

                                               Product Withdrawal Costs                                                           $100,000

                                               Property in Care, Custody & Control                                              $1,000,000

                                               Punitive or Exemplary Damages                                                    $1,000,000

                                               Tenants Liability                                                               $15,000,000

                                               Underground Services                                                            $15,000,000

                                               Vehicle & Watercraft Service /Repair Liability                                     $500,000

                                               Vibration & Removal of Support                                                     $500,000

                                               Visits to North American Countries                                              $15,000,000

 Excess                                        Each and every claim                                                                 $10,000

 Endorsements                                  1. Additional Insured Endorsement
                                               The definition of ‘Insured’ is extended in include the Councillors and/or the Elected
                                               Representatives of the Council.

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2. Employees Property Extension
                                               Notwithstanding anything to the contrary in the Policy, it is understood and agreed that
                                               the Policy shall extend to cover the legal liability arising out of loss or damage to property
                                               belonging to the Insured’s employees and/or the elected members of the Insured.

                                               The Insurers liability under this extension shall be limited to $1,000,000, which is part of
                                               and not in addition to the Limit of Liability.

                                               3. Hall Hirers Liability Extension
                                               In respect of properties operated and/or owned by the Insured, the definition of ‘You’ is
                                               extended to include Community & Sporting Groups, individuals, commercial groups and
                                               the like, who use and hire the properties operated or owned by the Insured in relation to
                                               all activities related to the hireage or use of these properties, and who do not hold
                                               Liability Insurance that would respond to any legal liability incurred.

                                               4. Indemnity to Ratepayers Extension
                                               The Insurer will indemnify Ratepayers and/or residents for the legal liability arising out of:
                                                  a) The use of lawnmowers when mowing of public thoroughfares;
                                                  b) Garbage receptacles placed on a public thoroughfare;
                                                  c) The use or presence of shelters, cream sheds, rural mailboxes, calf pens, grocery
                                                     and newspaper and similar structures where placed, erected or maintained upon a
                                                     public road with our consent.

                                               The Insurers liability under this extension shall be limited to $1,000,000, which is part of
                                               and not in addition to the Limit of Liability.

                                               5. Sanctions Clause
                                               Insurer(s) will not be liable to provide any coverage or make any payment hereunder if to
                                               do so would be in violation of any sanctions law or regulation which would expose us, our
                                               parent company or its ultimate controlling entity to any penalty under any sanctions law
                                               or regulation.

                                               All other terms and conditions of this Policy remain unchanged.

                                               6. Aviation & Airport Operators Exclusion
                                               The Insurer(s) shall not be liable in respect of any Claim arising out of:
                                                   1. the operation of or responsibility for, by or on behalf of the Insured, any air
                                                       traffic control service;
                                                   2. the ownership, maintenance, operation, possession or use by or on behalf the
                                                       Insured of any aircraft or aerial device;
                                                   3. the ownership, maintenance, operation, possession by or on behalf the Insured
                                                       of any airport, or any airside services;
                                                   4. any Bodily Injury arising from any aircraft or aerial device;
                                                   5. any Property Damage to, or arising from, any aircraft or aerial device; or
                                                   6. any liability that is intended to be covered by any Airport Owners and Operators
                                                       Liability policy, whether such policy indemnifies the Insured for the specific
                                                       liability incurred or not.

                                               All other terms and conditions of this Policy remain unchanged.

                                               7. Marina Operators Liability Exclusion
                                               The Insurer(s) shall not be liable in respect of any Claim arising out of any:
                                                  a) port, marina or terminal operation;
                                                  b) stevedoring or wharfingering;
                                                  c) ship refuelling or devanning;
                                                  d) operation of any dry docks, docks, wharves, slipways or ramps;
                                                  e) marine engineering, construction or repairing; or
                                                  f) any liability that is intended to be covered by any Port/Terminal Owners and
                                                     Operators, Marine Hull or Marine Protection and Indemnity or similar policy
                                                     whether such policy indemnifies the Insured for the specific liability incurred or not.

                                               All other terms and conditions of this Policy remain unchanged.

                                               8. Contract Works – Maximum Contract Value Endorsement
                                               The following Definition is added to the Policy:

Business Excellence | 2020 Insurance Manual - Waikato LASS (WIP)               23
Contract Works means any work that the Insured or a contractor or sub-contractor
                                               contracted by the Insured is employed to do that involves building, construction or
                                               carrying out repairs, alterations, extensions or demolition of any building, structure or
                                               infrastructure project carried out in the course of the contract.

                                               The following Exclusion is added to the Policy:

                                               Contract Works
                                               The Insurer(s) shall not indemnity the Insured for any claim in respect of or alleging
                                               Personal Injury or Property Damage arising out of or in connection with any Contract
                                               Works, where the total value of the Contract Works exceeds $5,000,000, regardless of
                                               whether the Contract Works are Insured or not.
                                               All other terms of this Policy remain unchanged.

                                               Lead Co-Insurance Clause
                                               In this Policy, and unless the context requires otherwise, all references to Insurer(s) is
                                               deemed to be Berkshire Hathaway Specialty Insurance Company ‘BHSI’ ("the Lead
                                               Insurer”) and all other insurers participating in this Policy.

                                               The participating insurers agree to accept any decision of the Lead Insurer and to follow
                                               that decision in all matters relating to this Policy, other than in respect of any ex-gratia
                                               settlement proposed by the Lead Insurer or where there is a material change to the risk/s
                                               insured under this Policy.

                                               The participating Insurers promises under this agreement and obligations under this
                                               Policy are joint in so far as the Policy indemnities apply but each participating insurer's
                                               liability for any claim under this Policy is several and is limited solely to the extent of its
                                               proportionate share as tabled below.

                                               No participating insurer is to be held liable to contribute towards or pay the proportionate
                                               share of any other participating insurer who for any reason, howsoever arising, cannot or
                                               does not satisfy all or part of its obligations under this Policy.

                                               The Policy is issued and signed by the authorised representative of the Lead Insurer
                                               under the authority of all participating Insurers.

                                               All other terms and conditions of this Policy remain unchanged.

 Policy Wording                                BHSI Combined General Liability & Products Liability Insurance for Councils

 Insurer                                       Berkshire Hathaway Speciality Insurance Company                                              60%

                                               QBE Insurance (Australia) Ltd                                                                40%

 Policy Number                                 Refer to individual Council policy

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Statutory Liability
This summary of cover has been prepared for general reference only. Nothing contained herein prevails over the terms,
conditions and exclusions of the policy.

 The Policy Covers                             Provides cover to the company, employees and directors, to defend and pay fines (to the
                                               extent allowable by law) and reparations in respect of prosecutions that can give rise to a
                                               criminal offence, and arise out of an inadvertent breach of most New Zealand statutes.

 Period of Insurance                           From 4.00 p.m. 1 November 2020 to 4.00 p.m. 1 November 2021

 The Insured                                   Each of the following Councils

                                                             Hamilton City Council
                                                             Hauraki District Council
                                                             Matamata Piako District Council
                                                             Otorohanga District Council
                                                             South Waikato District Council
                                                             Thames Coromandel District Council
                                                             Waikato District Council
                                                             Waikato Regional Council
                                                             Waipa District Council
                                                             Waitomo District Council

 Business Description                          Any activity now or hereafter carried on by the Insured, including but not limited to:
                                                   •    Territorial Local Authority

 Limit of Liability                            Fines & Reparations (excluding Defence Costs)
                                               - All Councils (excluding Thames Coromandel District Council) -
                                                  Any one claim and in the aggregate any one period of insurance.                  $1,000,000
                                               - Thames Coromandel District Council – Any one claim and in the
                                                  aggregate any one period of insurance.                                           $2,500,000

                                               Defence Costs
                                               - All Councils (excluding Thames Coromandel District Council) -
                                                  Any one claim and in the aggregate any one period of insurance.                  $1,000,000
                                               - Thames Coromandel District Council – Any one claim and in the
                                                  aggregate any one period of insurance.                                           $2,500,000

 Territory                                     New Zealand

 Jurisdiction                                  New Zealand

 Retroactive Date                              Unlimited

 Excess                                        Each and every claim including costs and expenses                                        $10,000

                                               Except for:
                                               Each and every claim relating to the Health and Safety at Work Act,                      $25,000
                                               and the Resource Management Act

 Endorsements                                  1. Discovery Period
                                                  - Not Included

                                               2. Advancement of Defence Costs
                                                  - Not included

                                               Securities Exclusion
                                               The Insurer will not be liable to indemnify the Insured in respect of any Claim based on or
                                               attributable to:

                                                       a)     any actual or alleged violation of any Act of Parliament concerning any
                                                              securities of the Company; or

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