CEO Dan Huggins says BNZ wants a 'robust' consumer data right regime standing behind open banking, which offers 'lots of things' beneficial to customers
'New Zealand’s insurance law is complicated and dated, some of which is more than 100 years old. The recent extreme weather events show just how important a well-functioning insurance system,” says Commerce and Consumer Affairs Minister Andrew Bayly.
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The Government has introduced a bill to Parliament aimed at preventing insurers from unreasonably declining claims. It’s worried that currently, insurers can.
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