What independent validation has been undertaken on the current Accident Compensation Corporation motorcycle levy model, if any?

Answer

As part of the 2024 levy consultation process, MBIE procured an external review of the levies. Independent actuarial advisors Finity were contracted to conduct a quality assurance review that included advising on the appropriateness and reasonableness of ACC’s proposed levy rates for 2025-28. The proposed levies were found to be appropriate and within a reasonable actuarial range. The Finity review was publicly released and is available on MBIE’s website: OIA request for a copy of actuarial quality assurance report relating to the rehabilitation performance of ACC.