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Does the Minister believe insurance dispute resolution schemes are effective; if not, what changes are needed?

Answered Question 16804 (2026)
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Asked by

Arena Williams

Member for Manurewa · Labour Party

Question

  • Does the Minister believe insurance dispute resolution schemes are effective; if not, what changes are needed?

Answered by

Cameron Brewer

Member for Upper Harbour · National Party · Minister of Commerce and Consumer Affairs

Answer

I expect the financial dispute resolution schemes to comply with annual reporting and the five-yearly independent review requirements of the Financial Service Providers (Registration and Dispute Resolution) Act 2008 to ensure their effectiveness