1. Agreement

1.1    You have appointed Lornic Group Ltd (FSP719731), trading as Senator Risk Management NZ ("SRMNZ, we, us") as your broker in accordance with the terms of this agreement. By allowing us to continue to act as your broker you agree to be bound by the terms of this agreement. We agree to be bound by the terms of this agreement.

1.2    This Agreement sets out the terms and conditions ("the terms") on which we will provide our services to you. These terms apply to all services we provide to you and are subject to any additional or alternative terms which we may advise you in writing. As your insurance broker we normally act as your representative regarding arranging insurance on your behalf. We will make all recommendations and suggestions to you regarding potential insurers based on your requirements however the final choice of insurer will remain your responsibility.

1.3    These terms apply until they are varied by agreement in writing between you and us, or until our appointment is cancelled. We may vary the services we offer you from time to time by written notice to you.

1.4    These terms are in addition to any other terms set out in any letter of authority, appointment, or authorisation signed by you, or any other terms we may provide you with from time to time to you. In the event of any inconsistency between these terms and such additional terms, the letter of authority, appointment, authorisation and additional terms will prevail over these terms.

1.5    We are members of:

(a) Lornic Group Ltd (FSP719731), trading as Senator Risk Management NZ is a Financial Advice Provider (FAP) and is named as an Authorised Body to provide a financial advice service under the FAP Licence 

held by PSC Connect NZ Ltd. PSC Connect NZ Ltd (PSCCNZ) (FSP331526) is the Full Licence Holder as approved by the Financial Markets Authority (FMA).

(b) The Steadfast Group Ltd which supplies management, marketing, professional, technical and buying benefits and services to us.

(c) Risk Insurance Management Society.

1.6    Our business is governed by the Insurance Intermediaries Act 1994, Financial Services Legislation Amendment Act 2019 (FSLAA) and the Financial Markets Conduct Act 2013 (FMC Act)