A spike in fraudulent insurance claims is expected following the release of the iPhone 6 today.
The Insurance Council of New Zealand (ICNZ) said when new technology was released there was generally a rise in claims, as people claimed their outgoing models were stolen or accidentally damaged.
"New Zealand insurers are anticipating up to a 25 per cent increase in phone related claims in the coming weeks, following the release of the iPhone 6 today," Insurance Council chief executive Tim Grafton said.
He said as a result insurers would be keeping a lookout for fraudulent claims.
Through a central database called the Insurance Claims Register, insurance companies are able to check the accuracy of the data submitted with policy applications and claims, he said.
