Trust and transparency

At PPS Mutual, we take our obligations  to our customers  seriously. This includes clearly disclosing our financial strength rating, communicating how we support the fair treatment of our customers through our Fair Conduct Programme and sharing our commitment to resolving issues fairly.

Our current rating grade is: B+

Our financial strength rating

PPS Mutual Limited currently holds a financial strength rating of B+ from AM Best. A copy of AM Best’s ratings scale is set out below.

Superior Excellent Good Fair Marginal Weak Poor
A++ A+ A A- B++ B+ B B- C++ C+ C C- D

Complaints

As a mutual insurer, we work hard for our customers including our members. There might be times when we get things wrong, and we want to know about them. We will take all reasonable steps to resolve any complaint and will review complaints with openness, empathy and transparency.

You can raise complaints directly with PPS Mutual by:

Phone: 0508 777 6688
Email: [email protected]

Post: 
PPS Mutual
PO Box 331 445 
Takapuna 0740

If we are unable to resolve your complaint internally, you can contact the Insurance and Financial Services Ombudsman (IFSO) once we issue a letter of deadlock. IFSO is an approved free and independent complaints resolution service available to consumers.

For more information, or to access the IFSO process, call 0800 888 202 or visit ifso.nz

Fair conduct programme

We have established a Fair Conduct Programme (FCP) to ensure PPS complies with the fair conduct principle. This programme sets out the policies, processes, systems, and controls we have implemented to support our compliance with the conduct obligations prescribed by the Financial Markets Conduct Act 2013 (FMCA) in all aspects of our operations.

The FCP encompasses the design and distribution of our insurance products and services, the support we provide to our customers, and the mechanisms we use to identify, address, and rectify any issues or errors that may arise.